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Philippines: Economists see inflation peaking above 5.7%

MANILA, Philippines — Economists now expect inflation to peak to as high as 5.7 percent in June amid soaring global oil prices and elevated food prices, prompting monetary authorities to reverse to a tightening mode via a series of rate hikes. Ruben Carlo Asuncion, chief economist at Union Bank of the Philippines, said inflation is […]

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Cambodia: Agri policy to yield 3.1% annual industry growth

Cambodia’s total agricultural value-added growth is estimated to increase at an average annual rate of around 3.09 per cent between 2019 and 2030, with the imminent introduction of the Agricultural Development Policy 2021-2030, the agriculture ministry announced. Ministry of Agriculture, Forestry and Fisheries spokesman Srey Vuthy said that with the introduction of the policy, which […]

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Philippines: Economists see inflation peaking above 5.7%

MANILA, Philippines — Economists now expect inflation to peak to as high as 5.7 percent in June amid soaring global oil prices and elevated food prices, prompting monetary authorities to reverse to a tightening mode via a series of rate hikes. Ruben Carlo Asuncion, chief economist at Union Bank of the Philippines, said inflation is […]

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