MANILA, Philippines — The Department of Trade and Industry (DTI) is calling on online shopping companies to take action on overpriced face masks being sold on their platforms. In a statement, the DTI said it met with online shopping platforms to get them to help in putting a stop to overpriced masks being sold to […]
Read MoreManila, Philippines — Inflation may likely slow down in the coming months due to lower oil prices, as well as the impact of the recent outbreak of the 2019 novel coronavirus (nCoV), the Department of Finance (DOF) said yesterday. In a report, Finance undersecretary and chief economist Gil Beltran said the decline in global oil […]
Read MoreResumes easing cycle to boost market confidence Manila, Philippines — The Bangko Sentral ng Pilipinas (BSP) yesterday resumed its easing cycle,s slashing interest rates by 25 basis points as a preemptive move to support market confidence amid higher prices and uncertainties brought about by the 2019 novel coronavirus (nCoV) outbreak. In a press conference, BSP […]
Read MoreManila, Philippines — The outbreak of the 2019 novel coronavirus (nCoV) may cut the country’s gross domestic product (GDP) growth by 0.3 percentage point this year, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno told reporters on the sidelines of the general membership meeting of the Management Association of the Philippines (MAP) […]
Read MoreMANILA (Xinhua) – The Philippine Statistics Authority (PSA) said yesterday that the performance of manufacturing production in the Philippines continued to decline for the 12th consecutive month in December, resulting in a full-year decline in 2019. Based on the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI), PSA said that year-on-year volume of […]
Read More[MANILA] The Philippines’ consumer price index (CPI) rose 2.9 per cent in January from a year earlier, more than expected, the statistics agency said on Wednesday. A Reuters poll had forecast the CPI in January would rise 2.8 per cent from a year earlier, within the central bank’s 2.5 per cent -3.3 per cent forecast […]
Read More
Thailand
