MANILA, Philippines — The net inflow of foreign direct investments (FDI) bounced back with a 46.3 percent rise in February after contracting by 16 percent in January, as the government was able to contain the resurgence of COVID cases during the review period, according to the Bangko Sentral ng Pilipinas (BSP). Data released by the […]
Read MoreMANILA, Philippines — Investments into the Philippines may take some time to come in even with Ferdinand “Bongbong” Marcos Jr.’s historic majority win, as the presumptive president has yet to provide a clear economic policy direction for the country. In its latest economic monitor, international think tank Pantheon Macroeconomics maintained that uncertainty remains over Marcos’ […]
Read MoreMANILA, Philippines — Yields for medium-term government bonds have gone above market pricing two days after the elections, with investors wary that inflation will haunt even the next administration. The Bureau of the Treasury yesterday borrowed just P25.1 billion of the offered P35 billion in reissued 10-year Treasury bonds (T-bonds), with a remaining life of […]
Read MoreMANILA, Philippines — Foreign direct investments to the Philippines showed improvements in February after the Omicron onslaught waned, although many investors are still on the edge amid lingering economic uncertainties that the next president would have to clear up. What’s new Data from the Bangko Sentral ng Pilipinas revealed FDIs posted a net inflow of […]
Read MoreMANILA, Philippines — Wholesale prices of consumer goods in the entire country jumped to their highest level in 10 years as an effect of global tensions, the Philippine Statistics Authority (PSA) said. The General Wholesale Price Index (GWPI) in the Philippines surged by 7.6 percent in March, faster than the 5.6 percent print in February. […]
Read MoreMANILA, Philippines — Japanese investment bank Nomura expects inflation staying above five percent over the next three months after quickening to its highest level in more than three years to 4.9 percent in April. Nomura chief ASEAN economist Euben Paracuelles and analyst Rangga Cipta said the investment bank is maintaining its 2022 inflation forecast of […]
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