The Philippine Statistics Authority reported that the consumer price index data for May revealed that headline inflation for that month was up 3.9% y/y (as compared to the CPI level for May 2023).
] reported that the consumer price index data for May revealed that headline inflation for that month was up 3.9% y/y . This is the fourth straight month where inflation has quickened on a year-on-year basis, but the 3.9% inflation figure was actually lower than what economics expected and still within the BSP’s target inflation range . The average inflation year-to-date is 3.5%, which is what the BSP expects we will average through all of FY24.
Lots of big stockholders’ meetings this week, but the first big piece of scheduled news will be the PSA’s Wednesday...A telecommunications operations expert has said that telco services should be treated with the same rights as water and power utilities, as internet connection in the digital age has"evolved into a human right...rThe Philippine military said that Chinese boats illegally"seized" food and medicine airdropped to a Filipino outpost in the South China Sea.
China’s defense minister warned yesterday of “limits” to Beijing’s restraint on the South China Sea and over the deployment of ballistic missiles in the Asia-Pacific region.United States congratulates Philippines for ‘eloquently’ expressing South China Sea position The United States congratulated the Philippines for “eloquently laying out the Philippines’ position on the South China Sea.”A telecommunications operations expert has said that telco services should be treated with the same rights as water and power utilities, as internet connection in the digital age has"evolved into a human right."Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace.
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