ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Philippine inflation spurs first interest rate hike since 2014

Central bank moves to offset pressure from Duterte's tax reforms

  © Reuters

MANILA -- The Philippine central bank on Thursday raised interest rates for the first time in nearly four years, aiming to check inflationary pressure from President Rodrigo Duterte's tax reform program.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more