UK interest rates: crashing the economy is no way to bring down inflation

The Bank of England (BoE) has raised interest rates once again to 5.25%, mirroring similar moves by the Federal Reserve and the European Central Bank. The...

PBBM admin bullish on sustained decline in inflation rate

MANILA – The Marcos administration is committed to implementing strategies that would help sustain the continued drop in the prices of basic commodities, Budget Secretary Amenah...

BIR: Revenue losses from ghost receipts hit over P300B

MANILA – The total value of revenue loss due to ghost receipts amounted to PHP370 billion, the Bureau of Internal Revenue (BIR) said. “Because with the...

LPG prices up by P4.55/kg in August

MANILA – Oil companies also increased the prices of liquefied petroleum gas (LPG) at the start of the month after raising prices of petroleum products. Starting...

The shift from owning to renting goods is ushering in a new era of consumerism

Today’s consumer landscape is witnessing a pivotal shift away from traditional ownership towards an access-based model. Rather than outright owning goods and services, people prefer to...

Inflation is down overall, so why are my grocery bills still going up?

Despite Canada’s inflation rate falling to its lowest point in two years, food prices remain high. The Consumer Price Index slowed to 2.8 per cent in...

Australians are living and working longer – but not necessarily healthier, new study shows

Australians are living and working longer, but a longer working life doesn’t always come with equivalent gains in healthy life. Our analysis of change in life...

BSP, NEDA see inflation further easing this year

MANILA – The Bangko Sentral ng Pilipinas (BSP) and the National Economic and Development Authority (NEDA) are optimistic that headline inflation will continue to ease in the...

BSP: 70% of adult Filipinos will have bank accounts in 2023

How you can future-proof your career in the era of AI

Ever since the industrial revolution, people have feared that technology would take away their jobs. While some jobs and tasks have indeed been replaced by machines,...