Philippines' inflation at 1.4% in June
Economists in a Reuters poll had expected inflation of 1.5 per cent last month, within the central bank's forecast range of 1.1 to 1.9 per cent.
Core inflation, which strips out volatile food and energy prices, was unchanged at 2.2 per cent in June.
Inflation in the first half of the year averaged 1.8 per cent, within the central bank's 2 per cent to 4 per cent target for the year. REUTERS
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Straits Times
3 hours ago
- Straits Times
Blistering heat, empty chairs and the C-word mar UN's flagship development event
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Event leaders were relieved to produce an outcome document - despite gnawing fears in the past months that Washington would torpedo any deal. In the end, U.S. officials backed out altogether. "The entire community was very afraid of coming here because one country wasn't attending," said UN Assistant Secretary General Marcos Neto. "But the document ended up working out ... I'm leaving happy, with more optimism than I thought I would leave with." Neto highlighted significant steps toward implementing climate and development goals, including the Seville Platform and multiple agreements from public and private sectors to leverage funds for the biggest possible impact. The Seville Commitment included tripling multilateral lending capacity, debt relief, a push to boost tax-to-GDP ratios to at least 15%, and get more rich countries to let the IMF use "special drawing rights" money for countries that need it most. 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Straits Times
4 hours ago
- Straits Times
Indonesia resumes search for 30 missing ferry passengers
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AsiaOne
5 hours ago
- AsiaOne
'It's a joke': Peruvians outraged after president doubles her salary, World News
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