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BSP S March outlook: Inflation at 3 4-4 2%

THE recent increase in inflation is expected to continue in March 2024 as rice and meat prices remained elevated, according to the Bangko Sentral ng Pilipinas (BSP). In its latest inflation outlook, BSP said inflation could settle within the range of 3.4 to 4.2 percent in March 2024. The BSP’s…

Manufacturing to improve in H2–Moody s Analytics

THE performance of the manufacturing sector is expected to improve in the second half of the year, according to Moody’s Analytics. In its weekly economic brief, Moody’s Analytics said the 1.9 percent growth in the country’s manufacturing output in January was disappointing. Nonetheless, Philippine Statistics Authority (PSA) data showed the…

Price hikes not seen to slow, India rice export ban is key

AS the year of high inflation comes to a close, Filipinos may not be able to see price increases slow down next year, especially with the recent decision of India to extend its rice export ban to 2024. Rice, the country’s food staple, could remain expensive next year given the…

ATO greenlights simple tax returns

The Australian Taxation Office (ATO) has granted a "green light" to taxpayers with uncomplicated financial situations, signalling that they can proceed with lodging their annual income tax returns.

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