PH rates could come down

View in browser   |   Shop Inquirer July 25, 2023 Citi exec sees PH rates coming down in 2024 The Philippines' central bank is expected to begin lowering its policy rates next year as risks on food inflation due to El Niño and the perceived impact of the planned legislated wage hike on the prices loom on the horizon, according to the local unit of American banking giant Citigroup. By Alden M. Monzon Repower gains on stock trading debut Hydropower company Repower Energy Development Corp. completed the country's third initial public offering (IPO) for the year as it raised P1.15 billion through the sale of shares. By Miguel R. Camus PAL expands China Airlines tie-up with Taiwan flights Lucio Tan-led Philippine Airlines (PAL) is beefing up its routes to Taiwan, which has allowed visa-free entry for Filipinos until next year, via a partnership with China Airlines. In a statement on Monday, the flag carrier said it was offering Manila-Kaohsiung and Cebu-Taipei flights through its codeshare deal with the Chinese carrier. By Tyrone Jasper C. Piad Like this email? Forward it to your friends and let them know that they can sign up here. BIZ BUZZ Hobbling PH private schools On the surface, the bill to prohibit private schools from preventing students with unpaid tuition from taking their final exams looks noble. But according to leaders of the education industry, the proposal currently being debated in Congress will have serious repercussions on the viability of private sector schools, many of which are still reeling from the ravages of the Covid-19 pandemic. By Daxim L. Lucas INQUIRER PLUS-EXCLUSIVE India's rice export ban to push up food prices Amid the threat of the El Niño dry spell on Philippine agricultural output, India's recent decision to ban rice exports is expected to put more upward pressure on international food prices. By Ronnel W. Domingo Try Inquirer Plus. Inquirer Plus is the digital version of the Philippine Daily Inquirer. Register for a 30-day trial for free to get access to Inquirer's fearless reporting, app-exclusive stories, and archives. REGISTER NOW Hi Edward. Have feedback? We're happy to hear it. Give Suggestions newsletter@inquirer.com.ph © 2023 PHILIPPINE DAILY INQUIRER, Barangay Tejeros, Makati City, Philippines You are receiving this email because you are subscribed to Inquirer Newsletters. Unsubscribe anytime