THE wage hike approved for the National Capital Region (NCR) may be among the highest approved in Metro Manila but, local economists said, this could also increase prices and cut jobs, particularly in micro, small, and medium enterprises (MSMEs). With this, economists said the Bangko Sentral ng Pilipinas (BSP) may…
GREENING the logistics sector through a global carbon tax may come at a high cost, especially for import-dependent countries like the Philippines, as commodities shipped from across the globe could become expensive, according to local economists. More than 20 countries recently called for a levy to be imposed on greenhouse…
LOCAL economists are proposing a number of measures, including going after smugglers and hoarders as well as raising real wages, to rein in inflation and stimulate the economy this year. In an email to BusinessMirror, former Dean of the University of the Philippines School of Labor and Industrial Relations (Solair)…
FILIPINOS should brace for even higher inflation in the coming months as the recent increase in fares and the holiday season will cause commodity prices to soar, according to local economists. The economists told BusinessMirror that the decision of the Land Transportation Franchising and Regulatory Board (LTFRB) to raise fares…
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