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Manufacturing sector in distress, wants P50:$ rate

The manufacturing sector is reeling hard from the steep peso depreciation against the US dollar and is rearing for the local currency to get back in shape to a more comfortable P50 level by the first quarter next year.



Photographer: SeongJoon Cho/Bloomberg



Perry Ferrer, vice-president for indu ....

George Barcelon , Perry Ferrer , Seongjoon Cho Bloomberg , Philippine Chamber , Components Assembly Inc , Manila Hotel , Philippine Business Conference , Assembly Inc ,

Easing impact of inflation, peso depreciation, and crude oil prices on consumers

The way I saw the events and numbers that came out this week were alarming yet are manageable by the new administration as their impacts on consumers were mainly driven by food prices and transport costs.



Inflation rates were not unexpected and were still within Bangko Sentral forecasts. This gi ....

George Barcelon , Bangko Sentral , Koko Pimentel , Vic Dimagiba , Supreme Court , Department Of Energy , Laban Konsyumer Inc , Green Energy Auction , National Consumer Organization , Senator Koko Pimentel , Green Energy , Feed In Tariff Allowance , National Consumer ,