The collapse of peace talks between the United States (US) and Iran over the weekend could hurt semiconductor manufacturers in Asia, including the Philippines, according to British banking giant Barclays. “A prolonged energy disruption could lead to a tail-risk scenario that hits semiconductor...
BACOLOD CITY – The Negros Island Region (NIR) posted the lowest inflation rate in the country at 1.5 percent in March, the Philippine Statistics Authority (PSA) reported Friday. Inflation rose from 0.7 percent in February and 0.8 percent in January, bringing the first-quarter average to one...
While the Bangko Sentral ng Pilipinas (BSP) remains firm on intervening in the foreign exchange (forex) market only when it becomes inflationary, its chief said this threshold has been lowered, citing the central bank’s credibility. BSP Governor Eli M. Remolona Jr. told CNBC on Friday, April 10,...
Philippine economic recovery from the flood-control corruption fallout last year is seen as being derailed by escalating geopolitical risks from the Middle East conflict, according to the Asian Development Bank (ADB), which slashed its 2026 growth forecast to below target. Citing uncertainties tied...
American banking giant Citi said a sustained surge in energy prices could trigger a spike in the overall inflation rate to around three percentage points (ppt) above the government’s four-percent ceiling. Citi wrote in an April 8 commentary that this could lead to muted consumer demand and...
The jump in the March inflation rate has set the stage for a potential 50-basis-point (bp) rate hike by the Bangko Sentral ng Pilipinas (BSP) during the second quarter, according to global investment banking giant Goldman Sachs. In an April 7 report obtained by Manila Bulletin, Goldman Sachs...
Vice President Sara Duterte cautioned Filipino families to prepare for more difficult economic conditions in the coming months, citing rising fuel costs and increasing prices of basic goods, while urging households not to compromise on education spending. In her speech at the Rambakan Festival in...
With March inflation exceeding the Bangko Sentral ng Pilipinas ’ (BSP) forecast, largely due to spillover from global oil price and supply shocks, the central bank warned that a prolonged crisis could seep into the broader consumer basket. This could dampen expectations of a near-term return to...
Faster inflation last March means there 's now even more reason for the House of Representatives to immediately pass the measure seeking an increase in Personnel Economic Relief Allowance, or PERA. Deputy Minority Leader ACT Teachers Party-list Rep. Antonio Tinio on Tuesday, April 7...
The peso’s purchasing power hit another record low in March as the price shock wrought by the war in the Middle East further eroded Filipinos’ ability to spend the local currency. The latest data from the Philippine Statistics Authority (PSA), released on Tuesday, April 7, showed that the...
Headline inflation, or annual price increases, soared to a 20-month high of 4.1 percent in March, as the war in the Middle East fueled skyrocketing oil prices. National Statistician and Philippine Statistics Authority (PSA) chief Claire Dennis S. Mapa told a press briefing on Tuesday, April 7, that...
The Bangko Sentral ng Pilipinas (BSP) has likely exhausted its window for monetary easing as resurgent price pressures threaten to breach the upper limit of its target range, according to the ASEAN+3 Macroeconomic Research Office (AMRO). While the Philippine economy shows signs of stabilizing...
