Consumer prices rose beyond the government’s target in January this year due to higher food costs, the Philippine Statistics Authority (PSA) reported.
(MANILA BULLETIN FILE PHOTO)
The country’s headline inflation continued its uptrend as it accelerated further to 4.2 percent at the beginning o
Philippine manufacturing output continues to shrink in December 2020 - World News
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Philippines inflation picks up to 4 2 pct in January - World News
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Italian businesses are hoping to make the Philippines a jumping-off point for regional trade, the Board of Investments (BoI) said Friday
“Italy intends to expand its businesses in the ASEAN region with the Philippines as its top priority,” the BoI said in a statement.
Enrico Letta, president of Associazione Italia-ASEAN, announed Italy’s plans in the region at a Jan. 26 webinar, “Italy-Philippines: Discovering the Opportunities,” according to the BoI.
BoI Officer-in-Charge Director Lanie O. Dormiendo said the interest from Italy represents a “vote of confidence” in the Philippines as an investment destination.
She expressed the hope Italian firms will participate in the infrastructure and garments industries.
MANILA, Feb. 5 The Land Bank of the Philippines (LANDBANK) has allotted more than P153 million for the hiring of over 1,000 service contract workers (SCWs) who are now being deployed to various locations across the country to assist in the opening of transaction accounts for unbanked national ID registrants.
LANDBANK president-CEO Cecilia Borromeo said facilitating the opening of bank accounts for registrants to the Philippine Identification System (PhilSys) will help ensure the speedy and efficient delivery of future government assistance programs to unbanked national ID holders.
Under this setup, the SCWs, who will augment LANDBANK s existing manpower, will co-locate with the Philippine Statistics Authority (PSA) in national ID registration centers not serviced by the bank’s Agent Banking Partners (ABPs), Borromeo said.