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Slower September inflation to boost 2nd half GDP, says DOF

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Bangko Sentral ng Pilipinas.  INQUIRER.net file photo

The lower inflation rate posted in September augurs well for the economy, which needs to expand faster in the second half in order to reach the 6.5-7.5 percent growth target for 2014, according to the Department of Finance’s chief economist.

Posted: October 9th, 2014 in Latest Business Stories | Read More »

Inflation slowed down to 4.4% in September

By ,
Liquefied petroleum gas. AFP FILE PHOTO

The rate of consumer price increases slowed down in September on the back of tempered increases in the prices of basic goods and utilities, official data released on Wednesday showed.

Posted: October 9th, 2014 in Headlines | Read More »

Oil prices to be cut Tuesday

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AP FILE PHOTO

Oil firms are cutting prices of fuel products for the second straight week as global supply remains stable.

Posted: October 6th, 2014 in Latest Business Stories | Read More »

Oil firms to cut prices Tuesday

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AFP FILE PHOTO

Consumers are set to enjoy a fuel price rollback this week following mixed adjustments last week, reflecting a volatile market.

Posted: September 29th, 2014 in Latest Business Stories | Read More »

DENR seeks Euro 4 fuel by June 2015, phase out of 15-year-old vehicles

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Environment Secretary Ramon Paje AFP FILE PHOTO

Criticized for lagging behind in adopting cleaner fuel standards, the Department of Environment and Natural Resources (DENR) has proposed advancing the implementation of the Euro 4 fuel standards for new passenger and light duty vehicles.

Posted: September 28th, 2014 in Latest Business Stories | Read More »

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