THE DEPARTMENT of Finance (DoF) has added to widespread estimates of faster inflation in March, scheduled to be reported today, “on the back of higher food, power and fuel prices.” Read the full story. Continue reading DoF* inflation estimate by commodity group
Recent economic growth has led to a drop in joblessness, but the number of those with work still looking for additional income remains at double-digit rates, which may explain why some people work more than the 48 hours a week deemed as “decent” by the International Labor Organization. For 2009-2015, the average pay for wage and salary workers has increased, but so has the number … Continue reading Has economic growth made us time-poor?
INFLATION likely picked up in February to post the fastest climb in over two years as oil, transport and power prices continued to go up, according to a poll last week of analysts who nevertheless said this is unlikely to prompt the central bank to adjust policy rates just yet. Read the full story. Continue reading “February inflation estimates”
STATE MOVES to crank up spending in a bid to nudge economic growth to a higher plane pushed last year’s fiscal balance closer to the program — and the deficit-to-gross domestic product (GDP) ratio to its highest in six years — even as most targets were missed, official data showed. Read the full story. Continue reading National government fiscal performance
Despite the delays that the previous administration encountered in implementing its Public-Private Partnership (PPP) Program, the country still ranks among the world’s biggest players on this front. In the last 25 years, the Philippines ranked as the eighth largest recipient of private investment in infrastructure, outranked only by Indonesia in Southeast Asia by almost half-a-billion dollars. In fact, three Philippine PPP projects implemented during the previous … Continue reading Philippines’ PPP record among the biggest