Experts blame weak law enforcement and the government’s reluctance to act against defaulting promoters for enabling the shady operators of saving and credit cooperatives, mostly…
It said foreign currency shortages and letter of credit margin requirements on the payments by bank deposits to curb non-essential imports led to a sharp contraction in imports by…
The President said the current economic situation of the country necessitates the extension of the application of the reduced tariff rates on rice, corn, and meat of swine…
Led by a slower rise in prices of retail goods, food, electricity, gas and transport, it is a touch lower than the 3.3 per cent in October, when core consumer prices had picked up…
Analysts believe Indonesia’s growth could be as low as 4.9 percent this year, but the government maintained it could remain above 5 percent until the end of this year.
Citing data from the Department of Trade and Industry, Presidential Communications Secretary Cheloy Velicaria Garafil said the figure represented the consolidated and processed…
The waiver of fees will apply to transactions such as, but not limited to: sending money to another e-wallet user, cashing into an e-wallet account or cashing out from an e-wallet…
Defined as companies’ practice of maintaining product prices by reducing the amount or volume, the phenomenon is likely here to stay for some time as Filipinos struggle to…
Observers pointed out that Japan’s labour productivity remains low, mainly due to Japanese companies’ failure to invest in human resources through such means as wage hikes.
By nationality, ethnic Koreans with Chinese nationality constituted the largest number at 35.3 percent, followed by the Vietnamese with 11.3 percent and other Chinese with 4.9…