GlobalSource: Interest rate cuts not enough to revive Philippine growth

MANILA, Philippines — Monetary policy is nearing its limits, a reality that should serve as a wake-up call to Malacañang and Congress to do the heavier lifting to revive an economy reeling from a graft-induced confidence shock, New York–based think tank GlobalSource Partners said. In a commentary, Diwa Guinigundo, an analyst at GlobalSource, said economic momentum