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+ Follow CEBU BUSINESS CLUB EXECUTIVE DIRECTOR FERNANDO FAJARDO Tag
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[Title] => Weak infra to dampen investors’ confidence
[Summary] => The country's weak infrastructure may weigh on the confidence of investors to bet on the economic gains the Aquino government has so far achieved, a Cebu economist said yesterday.
[DatePublished] => 2015-09-18 10:00:00
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[AuthorID] => 1213316
[AuthorName] => Carlo S. Lorenciana
[SectionName] => Freeman Cebu Business
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CEBU BUSINESS CLUB EXECUTIVE DIRECTOR FERNANDO FAJARDO
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[ArticleID] => 1501523
[Title] => Weak infra to dampen investors’ confidence
[Summary] => The country's weak infrastructure may weigh on the confidence of investors to bet on the economic gains the Aquino government has so far achieved, a Cebu economist said yesterday.
[DatePublished] => 2015-09-18 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1213316
[AuthorName] => Carlo S. Lorenciana
[SectionName] => Freeman Cebu Business
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abtest
By Carlo S. Lorenciana | September 18, 2015 - 10:00am
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Inflation could pick up to as high as 8.1% in October due to higher fuel and electricity prices, as well as transport fares, according to the Bangko Sentral ng Pilipinas’ forecast for the month.
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The total resources of the Philippine financial system climbed to a record P38.56 trillion in August as banks continued to expand their balance sheets, data from the Bangko Sentral ng Pilipinas (BSP) showed.
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The businesses were found operating without central-bank registration.
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The peso weakened to another record low, flirting with the 64-per-dollar mark despite the Bangko Sentral ng Pilipinas (BSP)’s recent interest rate hikes, as external pressures and eroding investor confidence weighed on the local currency.
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