WASHINGTON, United States — US President Donald Trump on Wednesday brushed off concerns about consumer inflation surging to a fresh three-year high in May, on the back of soaring energy prices caused by his war with Iran.…
CEBU CITY, Philippines — Rising prices of food items kept Central Visayas as the country’s inflation hot spot in May, with overall inflation holding at 10.8 percent, according to latest data from the Philippine Statistics Authority (PSA).…
CEBU CITY, Philippines – The Philippines may need to impose as many as five interest rate hikes this year to tame inflation pressures worsened by rising global oil prices and a weakening peso, according to a top…
MANILA, Philippines — Rising living costs, political tensions surrounding the impeachment of Vice President Sara Duterte, and worries over a corruption scandal involving flood control projects could further heighten social unrest in the Philippines, according to BMI,…
MANILA, Philippines — The Philippine economy may continue operating below its full potential through the remainder of President Ferdinand Marcos Jr.’s term as prolonged global conflict and deep-rooted domestic weaknesses weigh on growth, according to economists from…
Inflation, or the general increase in the prices of goods, in Central Visayas accelerated to an all-time high in April as surges in oil prices weighed down on transportation and logistics.…
MANDAUE CITY, Cebu — The spike in the inflation rate in Central Visayas and Zamboanga Peninsula is something that already requires government intervention. “Bukod sa monitoring, kailangan natin ng agarang tugon para hindi tuluyang lamunin ng presyo…
NEW YORK (AP) — Your next pair of sneakers, computer keyboard, or pack of detergent: what other products can get more expensive because of the Iran War? It might be hard to imagine the Iran war weighing…
Higher fuel and airfare costs pushed Central Visayas’ inflation rate to 7.4 percent in March 2026, said the Philippine Statistics Authority.…
CEBU CITY, Philippines – Families in Cebu and across the Central Visayas region faced a sharp increase in the cost of living this past month, as new government data reveals a significant spike in local prices. According…
MANILA, Philippines — The energy shock set off by the ongoing war in the Middle East is expected to dampen economic growth recovery in the Philippines, as consumer spending could take a hit, analysts warned. In a…
NEW YORK (AP) — For years, it was a daily McDonald’s trip for a cup of coffee with 10 sugars and five creams. Later, it was Starbucks caramel macchiatos with almond milk and two pumps of syrup.…
