ation go unchecked could outweigh the risks that could emanate from further tightening.
Meanwhile, Philstocks Financial, Inc. Research Analyst Claire T. Alviar said index heavyweights pulled up the market despite negative sentiment and cautiousness ahead of the release of US CPI data overnight. Back home, all sectoral indices went up on Thursday except for mining and oil, which declined by 60.04 points or 0.57% to close at 10,353.79.
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Philippines hikes budget for rice buffer stocks on supply concernsThe Philippines will boost its budget for rice buffer stocks by around 70% next year to ensure enough supply in times of global food shortages and emergencies, the budget department said on Tuesday.
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Philippines hikes budget for rice buffer stocks on supply concerns - BusinessWorld OnlineMANILA – The Philippines will boost its budget for rice buffer stocks by around 70% next year to ensure enough supply in times of global food shortages and emergencies, the budget department said on Tuesday. The National Food Authority’s allocation for rice purchases from local farmers will increase to P12 billion ($203.74 million) under the […]
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PHL garments industry warns of more layoffs, temporary closures - BusinessWorld OnlineTHE PHILIPPINE garments industry is struggling amid a slump in global demand, warning of temporary closures and more worker layoffs in the next few months. READ:
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