Duterte's Pivot to China Isn't Paying Off, as China's Expansionism Continues Unabated
After several months of persistent "swarming" of the Philippine-administered Pag-asa (Thitu) Island (the largest of the Spratly islands that the...
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Philippines: No Dovish Pivot in the Monetary Board's Latest Meeting
The anticipated cut in the bank reserve ratio didn’t materialize in the latest Monetary Board (MB) meeting--the first one chaired by newly...
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Philippines: El Niño's Comeback - How Bad?
With SST (sea surface temperature) in the Pacific past 26oC, El Niño’s comeback is highly likely. Past occurrences of severe El Niño was isolated...
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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: February Inflation Eases Back to BSP’s Inflation Target Range
Better-than-expected February inflation of 3.8%YoY wasn’t just a ‘base effect’ result. Broad food and transport CPI readings probably benefited...
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