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Middle East conflict to drive up food, gas prices–World Bank

IF the conflict in the Middle East escalates, the World Bank expects natural gas, fertilizers, and food to become even more expensive than they are today. In its latest Commodity Markets Outlook, the World Bank said a major outbreak of the conflict in the Middle East could stall the steady…

₱100-wage hike should have been approved yesterday

₱100-wage hike should have been approved yesterday
businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.

Geopolitics may hurt bid to tame inflation

GEOPOLITICAL risks would make it more difficult for oil-dependent countries like the Philippines to tame inflation, which could accelerate to double digits if oil prices jump to unprecedented levels, according to local economists. On Wednesday, Bloomberg reported that oil traders piled into more than 3 million barrels worth of options…

Crisis-driven gains seen in recession | Cai U Ordinario

CRISIS creates opportunities and this time, the Philippines could be the beneficiary of such crisis-driven opportunities coming out of the recession in Japan and the United Kingdom, according to local economists. Nonetheless, they said, there are risks from this, especially to trade performance and the country’s remittance bonanza if a…

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