JOINT STATEMENT ON AUGUST 2018 INFLATION ECONOMIC DEVELOPMENT CLUSTER

The Philippine Statistics Authority (PSA) reported that the headline inflation rate accelerated to 6.4 percent year-on-year (YOY) in August 2018, faster than the previous month’s 5.7 percent and the 2.6…

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PRRD signs Personal Property Security Law

President Duterte has signed the Personal Property Security Act (PPSA) that will boost access to credit especially of micro, small and medium entrepreneurs (MSMEs) and farmers and fisherfolks, and improve…

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BIR forms task force to monitor sugar imports

The Bureau of Internal Revenue (BIR) has formed a task force to inventory sugar stocks and monitor shipments of the commodity into the country amid the increased demand for refined…

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LandBank has P655-B rural loans in H1

Finance Secretary Carlos Dominguez III has commended the Land Bank of the Philippines (LandBank) for extending P655 billion in loans to rural communities as of June this year, in step…

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