Economic think tanks look forward to more interest rate cuts by the Bangko Sentral ng Pilipinas (BSP) following its second-straight 25-basis point (bp) reduction in the policy rate on Wednesday, Oct. 16. Capital Economics assistant economist Harry Chambers noted in a report that after the BSP again...
More and more businesses across the globe are worried about a possible second coming of Republican candidate Donald J. Trump as president of the United States, according to Oxford Economics. "Fears over the potential fall-out from a Trump presidency have increased for the third consecutive survey,"...
Lower interest rates as the Bangko Sentral ng Pilipinas (BSP) eases monetary policy would aid consumers battered by slowing economic growth across Asia-Pacific, according to the think tank Oxford Economics. The BSP's rate cuts "will help household balance sheets, especially as debt levels rose over...
The inflation rate, reflecting the increase in consumer prices, is expected to slow down in the coming months, aligning with forecasts from the government and the Bangko Sentral ng Pilipinas (BSP). In a commentary, Dutch bank ING said that headline inflation will retreat to the target of two...
Amid elevated consumer prices and slowing economic expansion, many Filipinos are holding back from spending their hard-earned money, resulting in the lowest private consumption growth rate since 2010 during a non-pandemic period, according to the think tank Oxford Economics. "The main culprit is...
UK-based think tank Oxford Economics has identified nine cities in the Philippines among the largest urban economies in the world. In the Oxford Economics Global Cities Index , which ranks the 1,000 largest cities worldwide, Manila is the biggest city in the Philippines but is not considered a...
The Philippines' move towards renewable energy is expected to cause less disruption in electricity prices compared to other Southeast Asian countries, a study conducted by Oxford Economics showed. In a report, Oxford Economics said that the increase in energy prices in the Philippines during its...
Global think tank Fitch Solutions has raised the Philippines Short-Term Political Risk Index Score, while London-based Oxford Economics warned of potential credit downgrades for the country if expansionary deficit spending is pursued by the incoming new administration, after unofficial results...
While deemed as one of the Philippines’ economic drivers during the COVID-19 pandemic, the agriculture sector is also at risk of having its national budget allocation reduced due to fiscal adjustments post COVID. Ibit Integrated Farm is a five-hectare land in San Fernando, La Union that has been...
