Manila Times Business
Impact of lower oil prices ‘to be most visible’ in PH
THE Philippines could be one of Asia’s biggest beneficiaries from a Middle East peace deal, with lower global oil prices expected to help tame inflation and provide a modest boost to economic growth. “The US-Iran peace deal is positive for Asia’s net energy importing economies through lower inflation,” Nomura Global Market Research said on Tuesday.“Thailand, Philippines, India and South Korea stand to gain the most,” it added. Brent crude prices have fallen sh
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