PH warned against premature interest rate cuts

View in browser   |   Shop Inquirer July 26, 2023 PH warned against premature interest rate cuts The Philippine financial market would do best to wait a few more months before pushing for interest rate reductions considering that factors turning up the pressure on prices of goods and services remain persistent, according to the International Monetary Fund. Ragnar Gudmundsson, the IMF's resident representative to the Philippines, said this at an economic briefing hosted by the Bangko Sentral ng Pilipinas. By Ronnel W. Domingo Sugar farmers, planters seek early harvest in August Sugarcane farmers and planters' federations are asking the Sugar Regulatory Administration (SRA) to consider starting the next milling season a month earlier than the original schedule, as hectares of canes would already be due for harvest in August and farmers risk suffering at least 30 days of no fresh income. By Meg J. Adonis Should millennials invest for retirement now? Retirement planning is a critical aspect of financial well-being that should not be ignored by all of us, millennials included. With the changing landscape of pension systems and economic uncertainties, it is vital for this generation to take control of their financial future by starting to invest for retirement early. By Randell Tiongson Like this email? Forward it to your friends and let them know that they can sign up here. BIZ BUZZ Holcim's tender offer conundrum​   The Philippine Stock Exchange (PSE) upheld the trading suspension of Holcim Philippines because the cement maker remains in violation of the 10-percent minimum public ownership (MPO) requirement amid an ongoing tender offer. By Miguel R. Camus INQUIRER PLUS-EXCLUSIVE Phinma to expand school network in PH, Indonesia Conglomerate Phinma Corp. is expanding its education network in the Philippines and Indonesia after enrollments hit a record high in the postpandemic period. Phinma Education operates nine schools in the Philippines and one in school in West Java, Indonesia. By Miguel R. Camus 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