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Timely action needed to address challenges from trade protectionism

The disruption of economic activities by protectionist trade policies signals an increase in global prices that could lead to higher inflation, economists said. ....

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Phl economic growth may slow in Q2 - Daily Tribune

Phl economic growth may slow in Q2 - Daily Tribune
tribune.net.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.net.ph Daily Mail and Mail on Sunday newspapers.

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Another tranche of fuel subsidy more economical: lawmaker

(File photo) MANILA - Reelected Senator Sherwin Gatchalian on Wednesday said he supports additional fuel subsidies for the transport sector, saying it is more efficient amid successive oil price increases. He, however, emphasized that subsidies should be distributed in a timely manner. "I know there a lot of delays in giving out the Pantawid Pasada looking for the drivers, looking for the operators and this is giving a lot of concern to our public utility drivers. Use technologies such as e-wallets to give it to them," he said in an interview with CNN Philippines. Gatchalian said he is in favor of increasing the fuel subsidies from 50 to 100 percent to include the impact of the previous increases amid Russia's war on Ukraine. He said third tranche of fuel subsidy is more economical than removing the excise tax on oil products. "One tranche will cost you for about PHP4 billion to PHP5 billion as to removing the excise tax that will cost us roughly around PHP200 billio ....

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PHL to grow 6.5 percent in 2022, economist says

THE Philippine economy is expected to bounce back in 2022, with its gross domestic product (GDP) growing by 6.5 percent next year, a private economist said. In a virtual media briefing for its 2022 outlook, Security Bank Assistant Vice President and Chief Economist Robert Dan Roces said he forecasts “strong… ....

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DOF scores anew private sector analysts

The Department of Finance (DOF) said that most private sector institutions have overshot their September inflation forecasts, noting that analysts appeared to have expected the worst last month.

In a statement, the DOF said on Monday, Oct. 11, that analysts from the private sector had a median i ....

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