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Philippines: Hog inventory down 4.5% in January

MANILA, Philippines — The country’s hog inventory remained on a downtrend at the start of January as production continued to decline in the last quarter of 2021, data from the Philippine Statistics Authority (PSA) showed. The PSA reported that the country’s swine inventory stood at 9.49 million heads as of Jan. 1, down by 4.5 […]

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Philippines: PEZA sets deadline for onsite return to work

MANILA, Philippines — The Philippine Economic Zone Authority (PEZA) is urging Information Technology-Business Process Outsourcing (IT-BPO) companies registered with the investments promotion agency to comply with the order of the Fiscal Incentives Review Board (FIRB) to return to onsite work starting April 1 to avoid penalties. In a statement, PEZA director general Charito Plaza appealed […]

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The next six years for the Philippine economy

In six weeks, the nation will elect a new president. The next leader will have the opportunity to guide the nation’s future economic and social directions. We do not know who the next leader will be. Though there is a strong frontrunner based on the surveys, the voters’ pick will be decided on election day, […]

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Philippines: 91-day T-bills up to 1.587%

MANILA, Philippines — Yields for government securities jumped for another week on investor concern that the US Fed will go all out with its rate hikes soon. The Bureau of the Treasury yesterday made a partial award of just P5 billion of the P15 billion in Treasury bills on offer as rates went up again […]

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