Rising production costs choke off Philippine factories' ascent in February
The latest reading settled above the 50-benchmark separating growth from contraction.
Source: philstar.com
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Kia PH commemorates its 4th anniversary
Kia Philippines celebrates its 4th anniversary as a wholly-owned subsidiary of the Ayala Corporation, and for achieving the highest growth rate in the Asia Pacific region.
Source: mb.com.ph
Kia Philippines Lauded As Best Performing Market In Asia-Pacific In 2022 | CarGuide.PH | Philippine Car News, Car Reviews, Car Prices
Kia managed to outpace the growth of the Philippine auto industry in 2022.
Source: carguide.ph
BSP not ruling out another supply shock
MANILA, Philippines — The Bangko Sentral ng Pilipinas is not ruling out another surprise supply shock after inflation blew past expectations to hit a fresh 14-year high of 8.7 percent in January from 8.1 percent in December.
Source: philstar.com
Further rate hikes seen this year
The stronger-than-target economic growth last year gives the Bangko Sentral ng Pilipinas more space to further tighten its policy this year as inflation remains well above the government’s two to four percent target range, according to economists.
Source: philstar.com