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Inflation soars to fresh high
The country’s inflation accelerated to a fresh high of 5.7 percent in July, its highest level in five-years – from 5.2 percent in June and 2.4 percent in the same period last year.
Gov't launches 'Jobs, Jobs, Jobs' online portal
An initial 11,000 employment opportunities in the infrastructure sector will be available not only for Filipinos here but also for returning overseas Filipino workers (OFWs) through another online job portal by the government.
BSP to cut bank reserves to 8%-9% by 2023
Banks’ reserves ratio will come down to eight to nine percent by mid-2023 from 18 percent today, Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. said. “That’s my calculation, we will have nine percent (or lower) by the end of my six-year term,” said Espenilla. He has often said that he wants it lowered to single-digit level by 2023 but this was the first time he revealed that it could actually be lower than nine percent.
4 Things Millionaires Do That The Middle Class Doesn't
Becoming a millionaire starts with your mindset. But how you follow through on those ideas matters just as much. You don't only need to think like a millionaire — you need to act like one.
Bleak Exports Haunt Southeast Asian Nations Bracing For Trump
In a little over three months, 14 chains have announced they will seek court protection, according to an analysis by S&P Global Market Intelligence, almost surpassing all of 2016. Few retail segments have proven immune as discount shoe-sellers, outdoor goods shops, and consumer electronics retailers have all found themselves headed for reorganization.
Manila Ranks Third In Top City Investment Prospects In Asia Pacific 2017 Survey
As per the research, Manila is one of Asia Pacific’s most attractive urban hubs, as it scored 3.68 in the City Investment Prospects, while it scored 3.56 in the City Development Prospects in the Emerging Trends in Real Estate Asia Pacific 2017 survey. Manila beat previous “investor-favorites cities” such as Japan and Australia in the latest survey, with fellow emerging-market destinations Bangalore and Mumbai in India