Energy shock from Middle East conflict to test Philippine economy

MANILA, Philippines – The Philippines may emerge as one of Asia’s economic losers amid the intensifying conflict in the Middle East, analysts warned, as higher global oil prices risk rekindling domestic inflation, eroding the peso’s early-year gains and complicating efforts by the central bank to support a sluggish economy. In a note to clients, Nomura […]... Keep on reading: Energy shock from Middle East conflict to test Philippine economy