BSP ready for monetary policy adjustments amid growing inflation risks
THE Bangko Sentral ng Pilipinas (BSP) said it may take 鈥渁ll necessary monetary actions鈥 to keep inflation in check amid rising price pressures after the April print exceeded its estimate.
Stocks recover on optimism over US-Iran deal
PHILIPPINE STOCKS rebounded on Wednesday on renewed optimism about peace in the Middle East, even as investors remained cautious over the economic impact of...
Auto industry backpedals on 500,000-unit sales goal
THE CHAMBER of Automotive Manufacturers of the Philippines, Inc. (CAMPI) said its vehicle sales target of 500,000 units for 2026 is no longer its...
PHL progress noted in diversifying exports
THE Asian Development Bank (ADB) said the Philippines has been successful in diversifying its exports while also increasing the share of domestic value-added in...
Businesses under pressure to absorb costs to maintain competitive position
MARGIN compression is looming for Philippine companies as costs rise, along with the pressure to hold the line on pricing to remain competitive, industry associations said.
Price caps under study for pork, carrots, cooking oil
THE Department of Agriculture (DA) said it is evaluating proposals to impose price caps on pork belly (liempo), carrots, and palm-based cooking oil, with...
Policy balancing act seen needed to avert stagflation
THE PHILIPPINES risks slipping deeper into a 鈥渟tagflationary鈥 environment if monetary, fiscal, and structural policies fail to work in sync, an analyst said.
Philippine inflation heats up to 3-year high in April
ELEVATED oil prices continued to feed into food and utility costs, pushing annual inflation to a three-year high of 7.2% in April, the Philippine Statistics Authority (PSA) said on Tuesday.聽聽
BSP to take 鈥榥ecessary action鈥 amid faster-than-expected April inflation
THE Bangko Sentral ng Pilipinas (BSP) said it will implement necessary measures to keep prices stable 鈥渨ithin a reasonable time鈥 after headline inflation accelerated past expectations in April.聽
Philippines now facing rising stagflation risks
STAGFLATION is now evident in the Philippines, an analyst said, as inflation accelerated to 7.2% in April while economic growth is expected to come in below 4% in the first quarter.
Uptrend in food inflation seen to persist until 2027
THE UPTREND in food inflation is expected to persist through 2027 amid mounting cost pressures, weather disruptions, and external risks due to the ongoing Middle East war, analysts said.
Peso edges higher as April inflation data bolster BSP rate hike hopes
THE PESO inched higher against the dollar on Tuesday as faster-than-expected April headline inflation supported bets of more rate hikes by the Bangko Sentral...