
IMF warns against ‘costly’ tax cuts to fight inflation
Soaring food and energy prices are raising the risk of social unrest but attempting to tame costs through tax cuts, subsidies, and price controls would be too…
· 2 min read
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Soaring food and energy prices are raising the risk of social unrest but attempting to tame costs through tax cuts, subsidies, and price controls would be too…
· 2 min read

A weakened peso and rising commodities prices and electricity rates could drive the September inflation between 6.6 to 7.4 percent, the Bangko Sentral ng…
· 2 min read

President Ferdinand "Bongbong" Marcos Jr. is closely monitoring the continued weakening of the Philippine peso against the US dollar, Malacañang said…
2 min read

The International Monetary Fund has projected the Philippines' gross domestic product to grow by 6.5 percent in 2022 but to slow to 5 percent in 2023 as the…
· 2 min read

The benchmark Philippine Stock Exchange index is still struggling to recover from a slump, especially after the Federal Reserve kept its aggressive stance in…
· 1 min read

Consumers and businesses around the world are facing steeper prices for everything from Mexico's beloved tortillas to the aluminium cans used by beer companies.
· 3 min read

Russia's war against Ukraine appears to be settling into a grinding conflict that could last years and prove increasingly risky for Kyiv's Western allies,…
· 3 min read

Sri Lanka added 37 new senior posts to its government on Thursday, sparking a social media backlash over "useless" public spending in the middle of…
· 2 min read

The country's inflation rate has slightly eased to 6.3 percent in August 2022 from 6.4 percent in the previous month, according to the latest report of the…
· 1 min read

5 September 1972: Palestinian gunmen storm the Olympic Village at the Summer Games in Munich and take a group of Israeli athletes hostage, triggering a…
· 3 min read

The Philippine manufacturing sector posted a slight increase in August, although headwinds persist from runaway inflation and supply chain disruptions, S&P…
· 3 min read

