August dollar reserves rise to over 2-year high
US dollar banknotes are seen in this photo illustration taken Feb. 12, 2018. — REUTERSTHE PHILIPPINES’ foreign exchange reserves rose to its highest level in over two years, mainly due to the increase in the central bank’s earnings from its
Rice inflation seen to cool once India lifts export ban
Rice prices are expected to further go down as lower tariffs take effect. — PHILIPPINE STAR/KJ ROSALESBy Beatriz Marie D. Cruz, ReporterRICE INFLATION may further cool in the coming months once India relaxes a ban on exports, analysts said.“India may
Commission recommends continued imposition of safeguard duty on HDPEs
FREEPIKTHE TARIFF COMMISSION (TC) has recommended that the Trade department maintain or consider modification of the safeguard measure on imported high-density polyethylene (HDPE) pellets and granules as it is seen to help the domestic industry become more competitive.“It can be
BusinessWorld’s 37th anniversary report is out
BUSINESSWORLD Publishing Corp. celebrates its 37th anniversary with a special report titled “PH Elevate: Trailblazing Transformation.” This edition provides a comprehensive look at the transformative efforts shaping the future of the Philippines’ business landscape.Highlights include an analysis of the country’s
Philippines’ growth outlook clouded by inflation risks
PHILIPPINE STAR/MIGUEL DE GUZMAN By Luisa Maria Jacinta C. Jocson, Reporter THE Philippines is likely to continue its stable growth trajectory in the medium term, although inflation and elevated interest rates remain major risks to this outlook, analysts said.“First, inflation