THE Philippine peso fell to its weakest level in almost two years on expectations that the United States Federal Reserve could delay its rate cuts, according to the Bangko Sentral ng Pilipinas (BSP). On Tuesday, data from the Bankers Association of the Philippines (BAP) showed the peso closed at P58.28…
AN economist of the HSBC Holdings Plc. Asean business said an 8-percent increase in the minimum wage in the country would hike inflation by 1.2 percentage points. “It would impact inflation by 1.2 percentage points based on our estimates; this is something we are looking out for,” Aris Dacanay, HSBC…