Philippines: Sleuthing for Upside Risk to Rice CPI Post-Typhoon
We estimate rice inflation can rise (fall) by 0.26% for every 100K tons decrease (increase) of total rice inventory. Getting a ‘beta’ that...
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In the Name of Liquidity
MB delivers a 1% cut in banks’ reserve requirementsContrary to my expectations although some senior monetary officials flagged likelihood of the...
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4Q17 GDP Eases Although Robust Demand Noted
Lower than expected 4Q17 GDP growth of 6.6%YoY contributed to robust growth of 6.7% in 2017, the first year of President Duterte’s term, although...
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A Perspective on TRAIN's Package 2
Package 2 of TRAIN led by a corporate income tax (CIT) cut alongside narrowing of fiscal incentives to offset any revenue shortfall from the CIT...
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Too Much of Good Thing: Philippines Faces Some Hard Policy Choices
For the last five years we had been positive about the Philippines (starting with Asianomics Country Report No. 3/2012, All In on Noy-Noy, 19...
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