The Bank of England’s ability to set effective interest rates is being hindered by unreliable labour market statistics, according to governor Andrew Bailey, who has highlighted the shortage of accurate data on the UK’s workforce as a “substantial problem.” Speaking at Mansion House to an audience
The Bank of England’s ability to set effective interest rates is being hindered by unreliable labour market statistics, according to governor Andrew Bailey, who has highlighted the shortage of accurate data on the UK’s workforce as a “substantial problem.” Speaking at Mansion House to an audience
The headline inflation rate picked up to 2.3% in October from 1.9% in September. — PHILIPPINE STAR/EDD GUMBANPRIVATE SECTOR ANALYSTS surveyed by the Bangko Sentral ng Pilipinas (BSP) still expect headline inflation to remain within the 2-4% target band until 2026.In its Monetary Policy Report
THE Philippines remained one of the most digitally uncompetitive countries, according to a report by the International Institute for Management Development’s World Competitiveness Center. — PHILIPPINE STAR/EDD GUMBANBy Justine Irish D. Tabile, ReporterTHE PHILIPPINES slumped to its worst showing in the World Digital Competitiveness Ranking
Filipinos work at the assembly line of a factory in Malvar, Batangas, Aug. 10, 2018. — REUTERSFOREIGN INVESTMENT pledges received by Philippine investment promotion agencies (IPA) surged in the third quarter, driven by investments from South Korea and Switzerland, the statistics agency reported.Preliminary data from
A worker fixes an air-conditioning unit behind the logo of a bank in Manila, July 1, 2014. — REUTERSBy Luisa Maria Jacinta C. Jocson, ReporterLOWER INTEREST RATES and easing inflation will fuel double-digit credit growth in the Philippines through 2025, S&P Global Ratings said.“Credit growth
The landscape of auto loan applications has undergone a significant transformation, with digital solutions taking center stage. PSBank, the leading thrift bank in the Philippines, is at the forefront of innovation, making auto loan applications more inclusive and accessible than ever.Applying for an auto loan
CAVITEX.PHBy Ashley Erika O. Jose, ReporterMETRO PACIFIC Tollways Corp. (MPTC) is aiming for a 50-50 division in its planned merger with San Miguel Corp. (SMC), a company official said.“For us, the 50-50 split is a very ideal scenario… It’s a balancing act. Our preference from
TOPLINE PRESIDENT and Chief Executive Officer Eugene Erik C. Lim — BW FILE PHOTOBy Revin Mikhael D. Ochave, ReporterCEBU-BASED fuel retailer Top Line Business Development Corp. (Topline) will push through with its initial public offering (IPO) despite the local bourse’s recent slump, its president
The automotive business saw a 12% growth in nine-month net income to P12.2 billion after selling 159,088 units, up by 10.3% from last year. — PHILIPPINE STAR/ MICHAEL VARCASTY-LED conglomerate GT Capital Holdings, Inc. saw a 22% increase in its third-quarter (Q3) attributable net income
A SCENE from Viet and Nam.A FULL-LENGTH romance between two young men sharing tender moments in the depths of Vietnamese coal mines, and a short reflection of a Filipino factory worker’s sacrifice and paternal love, took the top prizes at the 12th QCinema International Film
REPORTS.MANILAWATER.COMRAZON-LED Manila Water Co., Inc. saw its third-quarter attributable net income jump by 44.3% to P3.19 billion from P2.3 billion a year ago, buoyed by higher revenues and customer demand growth.The east zone water concessionaire’s gross revenues for the third quarter grew by 18.6% to