Peso now region’s worst performer
That the Philippine peso depreciation is at its fastest pace against the US dollar in about five years is adding further upside pressures on imported inflation, shared DBS Bank.
That the Philippine peso depreciation is at its fastest pace against the US dollar in about five years is adding further upside pressures on imported inflation, shared DBS Bank.
Chinese Foreign Minister Yi said China will never follow the footsteps of traditional powers and share development opportunities with Manila.
Finance Secretary Diokno said Marcos had indicated willingness to continue importing some food items like corn, pork, and rice, as well as coal at lower tariffs.
The shortage underscored the deepening supply chain problems that have emerged in the postpandemic period.
One of the toughest challenges for the archipelagic nation is how it can contribute to maintaining peace and stability in the region.
Marcos has faced criticism from human rights groups particularly due to the accusations of rights violations leveled against his father, former president Ferdinand Marcos Sr.
National Statistician Dennis Mapa said elevated food, fuel and transport costs, as well as “sin” products, like cigarettes and alcoholic drinks, contributed the most to last…
Industry players implemented the reduced prices this week after raising local pump prices for four straight weeks.
In 2021, 44 per cent of employees worldwide polled experienced “a lot of stress the previous day,” higher than 37 per cent in 2018.
The Philippines embassy's unusual request for a price hike was made to the Japan Retailers Association, which includes supermarkets among its members, in early June.