Lending interest rates in the remaining months of this year will stay relatively stable to help firms recover production after the pandemic. Lending interest rates in the remaining months of this year will stay relatively stable to help firms recover production after the pandemic. This is thanks to the 2-per-cent interest rate support package and banks’ […]
Read MoreMANILA, Philippines — Retail prices of building materials in the National Capital Region (NCR) continued to pick up in May, posting the fastest annual growth rate in more than 13 years, according to the Philippine Statistics Authority (PSA). Data from the PSA showed the Construction Materials Retail Price Index (CMRPI) in NCR went up by […]
Read MoreBoth pacts are well-timed intervention in Cambodia’s quest for a Least Developed Country graduation, likely by 2028 and the country’s planned endeavour to achieve the upper-middle income and high-income status by 2030 and 2050 respectively Xinhua – The Regional Comprehensive Economic Partnership (RCEP) trade pact and the Cambodia-China Free Trade Agreement (CCFTA) have provided wider exporting […]
Read MoreThe Industry Ministry remains positive about manufacturing, expecting the manufacturing production index (MPI) to keep increasing in the second half of this year after the indicator fell slightly in June by 0.08% year-on-year to 98.05 points. This will lead to slow economic recovery, but the economy is believed to continue to grow in the next […]
Read MoreThe July consumer price index (CPI) grew 0.4 per cent from the previous month, contributing to the year-on-year growth of 2.54 per cent in the first seven months of this year, the General Statistics Office (GSO) said on Friday. The July consumer price index (CPI) grew 0.4 per cent from the previous month, contributing to […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said inflation likely settled between 5.6 percent and 6.4 percent in July, driven by the continued increase in food prices, further transport fare hikes, and depreciation of the peso. According to the central bank, lower oil prices, reduction in electricity rates in areas serviced by Manila […]
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