Philippines central bank boss says inflation biggest challenge of 2022

“Right now inflation is elevated because of food prices. And that’s a resultof recent weather disturbances. Also partly because of the international price of crude oil, which of course has affected the whole world,” Mr Diokno said in an exclusive interview with Asia Business Report.

Recent Posts

Why can’t the US stop soaring oil and gas prices?

And while many small private companies, like Mr Wendt's, are still pushing to boost output, the biggest firms have so far stuck with investment plans forged before prices really soared, choosing to put the windfalls primarily toward shareholder payouts, rather than...

read more

Norwich City ‘in talks’ with Millwaukee Brewers’ owner

The fact that Mark Attanasio and his entourage travelled to Carrow Road to watch their final top flight game for some time indicates that this is much more than a passing interest. Current majority shareholders Delia Smith and Michael Wynn-Jones are now both in their...

read more