Exports to fall short of gov’t target
THE OUTLOOK for the export industry remains grim amid the global economic slowdown. — PHILIPPINE STAR/EDD GUMBAN By Jenina P. Ibañez, Reporter EXPORT REVENUES will likely reach at least $100 billion in 2022, about a fifth lower than the projected $122 to
Some PHL-based foreign companies plan to reduce operations, survey shows
A BIGGER percentage of foreign firms in the Philippines are considering reducing their operations as a result of the coronavirus pandemic compared with those in other Asian economies, a survey released on Monday said. The Economic Research Institute for ASEAN and
Analysts’ November inflation rate estimates (2020)
THE headline inflation rate in November likely quickened as a recent spate of typhoons pushed the prices of food and agricultural products higher, economists said. Read the full story.
Inflation likely picked up in Nov. — poll
FARMERS try to recover whatever they can after rice fields in Cagayan Valley were flooded when Typhoon Ulysses swept through the region in November. — PHILIPPINE STAR/ MICHAEL VARCAS THE headline inflation rate in November likely quickened as a recent spate
10-month borrowings reach P3.2T
THE government’s total gross borrowings reached P3.224 trillion in the first 10 months of 2020, breaching its P3-trillion full-year target after receiving a new round of cash advances from the central bank. Data from the Bureau of the Treasury (BTr) showed