PHILIPPINE INFLATION likely eased for a second straight month to a three-month low in June as lower oil and rice prices offset higher electricity rates, analysts said.

The passage of Republic Act No. 12234, or the Konektadong Pinoy Act (KPA), together with its Implementing Rules and Regulations (IRR), marks a significant shift in how the Philippines approaches ...

The Philippine jobless rate rose to 4.7% in April from a year earlier, while underemployment climbed to a nearly three-year high of 15.2%, signaling continued weakness in the labor market. Data from ...

THE HOSPITALITY sector is increasingly relying on domestic meetings, incentives, conventions, and exhibitions (MICE) demand as geopolitical tensions and the global energy crisis continue to weigh on ...

THE PHILIPPINES has seen a sharp decline in the number of its state-owned enterprises (SOEs) over the past decade, though remaining government firms continue to control strategic areas of the economy, ...

STEADY INFLOWS from remittances and the services sector despite emerging external pressures helped narrow the Philippines’ balance of payments (BoP) gap to a three-month low in April, Bangko Sentral ...

SAN MIGUEL CORP. (SMC) said it would continue investing in projects aligned with domestic growth despite a sharp decline in first-quarter (Q1) net income caused by the absence of one-off gains booked ...

ENEOS HOLDINGS said on Thursday it will buy Chevron’s 50% stake in Singapore Refining Company (SRC) and other assets in Southeast Asia and Australia for $2.2 billion. The deal — which includes Chevron ...

ANALYSTS and economic managers are now finding it harder to precisely measure data in their inflation forecasts as rising uncertainty and the faster-than-usual transmission of oil price shocks ...

The economic turmoil brought about by the ongoing crisis in the Middle East has led to heightened attention to the energy situation of the country. To be sure, our energy security had been precarious ...

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