Singapore’s expected boost in taxes this year is raising pressure on the central bank to tighten monetary policy as the Southeast Asian nation seeks to rein in mounting inflation pressures.
Vice President Leni Robredo will be a more “market-friendly” president than Ferdinand “Bongbong” Marcos, Jr., a Japan-based think tank said in its monthly report.
MANILA: Philippine inflation was the slowest in a year last month, giving the central bank an opportunity to support growth with record-low interest rates and withstand pressure from a tightening global monetary policy environment.
Nomura: Why Leni is market-friendly - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Philippine inflation was the slowest in a year last month, giving the central bank an opportunity to support growth with record-low interest rates and withstand pressure from a tightening global monetary policy environment.
Consumer prices rose 3.