Posted at 06/25/19 10:45 AM
Inflation could slow to below 2 percent in the third quarter, averaging at 2.7 percent for the entire year, Standard Chartered Asia economist Chidu Narayanan told ANC.
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The Securities and Exchange Commission stepped up its crackdown on alleged investment scams after President Rodrigo Duterte ordered the closure of a religious group which supposedly scammed around a billion dollars from its members.
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Major oil players in the Philippines are planning to take the Department of Energy's unbundling order to court after its release.
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The United States' new tariff threats seemed to have spooked investors as Philippine shares snap a three-day winning streak.
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One of the largest sausage manufacturers in the US has joined forces with a local food processing giant to make its line of "super premium" hotdogs and other products more affordable for the Philippine market.
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Education should put an emphasis on cognitive and problem-solving skills, rather than vocational skills, which can be learned on the job, said Shekhar Shah, director general of India's National Council for Applied Economic Research.
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Exports rose 0.4 percent in April to $5.51 billion from the same month in 2018. Imports contracted by 1.9 percent during the same comparable period.
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While the US-China trade war has disrupted the world's supply chains, domestically-driven economies like the Philippines are "a little bit sheltered," according to a journalist.
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Optimism brought by easing tensions between US and Mexico is spreading over in Asia.
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The United States is pulling back from another trade war, at least for now.
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