News: PH wins battle vs inflation

Sunday, October 6, 2024

PH wins battle vs inflation

October 7, 2024

ECONOMY

The Philippines may now declare victory in its long and painful fight against inflation after price growth last month eased to a four-year low, helping create the perfect economic condition for gradual interest rate cuts.

By Ian Nicolas P. Cigaral

BANKING

Loan growth hit 10.7% on renewed demand

Bank lending grew at its quickest pace in nearly two years in August as businesses regained their appetite for loans despite the still elevated interest rate environment.

By Ian Nicolas P. Cigaral

PROFIT PUSH

Beyond bloodlines: Mastering the art of succession in family enterprise

The transition of a family business to the next generation is a critical juncture that can determine its longevity and success. A common issue in this process is the denial among current leaders about the readiness of their successors to take over the reins.

By Tom Oliver

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BIZ BUZZ

Terminal reassignments soon?

New Naia Infrastructure Corp. (NNIC) earlier said that airport terminal reassignments will be done gradually and the status quo will prevail until next year. But it seems that the new operator of Ninoy Aquino International Airport (Naia) is having a change of heart.

By Tina Arceo-Dumlao

INQUIRER PLUS-EXCLUSIVE

As EU targets Chinese cars, European rivals sputter

PARIS — As the EU seeks to put a brake on competition from Chinese electric cars, European automakers are stuck in second gear. German group Volkswagen, BMW, Mercedes and Stellantis, a 15-brand behemoth that includes Jeep, Fiat and Peugeot, have all issued profit warnings in recent weeks.

By AFP

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