OF SUBSTANCE AND SPIRIT
By this afternoon, we expect the Bangko Sentral ng Pilipinas (BSP) to announce that it’s keeping its monetary policy stance of accommodating growth and looking through what it believes to be a temporary rise in inflation.
This outcome is a foregone conclusion. While mark
(Bloomberg) -- Lockdowns in China are spreading with the city of Langfang, located just 55 kilometers from Beijing, joining Shenzhen in imposing restrictions as the number of new Covid-19 cases in the mainland more than doubled.
(Bloomberg) -- Philippine economic managers rejected calls to suspend excise taxes on petroleum products amid higher retail prices, instead pitching for more subsidies to affected sectors and a shorter work week to cut costs.
The government is expecting to collect 131.4 billion pesos ($2.
Philippine economic managers rejected calls to suspend excise taxes on petroleum products, instead pitching for more subsidies to affected sectors and a shorter work week to cut costs.
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(Bloomberg) -- Lockdowns in China are spreading with the city of Langfang, located just 55 kilometers from Beijing, joining Shenzhen in imposing restrictions as the number of new Covid-19 cases in the mainland more than doubled.
South Africa registered 1,461 new Covid-19 cases, bringing the cumulative total to 3,696,823. A further two Covid-19-related deaths were reported, taking total official deaths to 99,727. A total of 32,722,417 vaccines have been administered.
The Philippines’ economic recovery will gain traction should it reopen more schools that have been shut for nearly two years due to the pandemic, Economic Planning Secretary Karl Chua said on Tuesday.