When Job 'Quality' Prevailed over 'Headcount'
A 387k decline in employment didn’t weigh on the jobless rate of 5.2% according to the latest labor survey data. As the labor participation rate...
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Philippines: Institutional Reforms that Promote Macro Stability
Legislation on rice tariffication signed by President Duterte into law allows for liberal rice imports, thus, effectively dismantling the State...
488 Views
Philippine CPI: Normalization Begins in January with Another Inflation Fade Out
Headline inflation in January eased to 4.4%YoY (vs 5.1%YoY in December) although its annualized rate was back in positive territory (1.2%). Easing...
449 Views
Philippines: The Hanjin Scare
Knee-jerk market reaction to the disclosure last Friday (January 11, 2019) of Hanjin’s (Philippines) severe cash flow constraints including the...
535 Views
Philippines: Another CPI Downside Surprise in December
Another CPI downside surprise largely due to hefty disinflation in CPI food and transport coupled with easing core inflation. Seasonally adjusted...
572 Views