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Philippines: Elevated inflation seen to persist

MANILA, Philippines — Economists further raised their inflation forecasts over the next two years after the higher-than-expected inflation print in January, according to results of the survey conducted by the Bangko Sentral ng Pilipinas (BSP) for February. Dennis Lapid, officer-in-charge of the BSP’s Department of Economic Research (DER), said the survey for February showed that […]

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Philippines: Meat imports down 11% in January

MANILA, Philippines — The country imported more chicken meat in January, but overall meat importation was lower year-on-year, based on the latest Bureau of Animal Industry (BAI) data. The BAI data showed the country imported 76.52 million kilos of meat and meat products last month,  10.8 percent lower versus the 85.82 million kilos shipped in […]

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Philippines ready for RCEP – DTI chief

MANILA, Philippines — The Philippines has long been ready to participate in the Regional Comprehensive Economic Partnership (RCEP), according to the head of the Department of Trade and Industry (DTI). “I think the Philippines has been ready for some time (for RCEP),” Trade Secretary Alfredo Pascual said in a television interview with ANC. “Our neighboring […]

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Philippines reaffirms commitment to international tax transparency

MANILA, Philippines — The Philippines has reaffirmed its commitment to international tax transparency standards as it intends to join the Global Forum’s Asia Initiative. By joining the initiative, Finance Secretary Benjamin Diokno said that the Philippines reaffirms its commitment to the full and effective implementation of international tax transparency of the Global Forum as well […]

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