Senate turmoil seen weighing on confidence as stagflation risks rise

Senate turmoil seen weighing on confidence as stagflation risks rise
THE PHILIPPINE ECONOMY could face mounting pressure from rising political instability, with economists and business groups warning that this week’s chaos at the Senate may further weaken already fragile business and consumer confidence amid slowing growth, elevated inflation, and an ongoing energy crisis. Alvin Joseph A. Arogo, head of research and chief economist at Philippine […]