Business World

# bworldfeed PSA: June inflation at 5.2%, surging from May’s 4.6% and beating @BangkoSent­ral, market estimates. @bworldph

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Melissa Luz Lopez @meltlopez

Mark Amoguis @MTAmoguisB­W

Factory output, as measured by volume of production index, went up 19.8% in May, reversing from last year’s 0.6% decline but slower from April’s revised 29%. @PSAgovph @bworldrese­arch @bworldph

Camille Aguinaldo @caaguinald­o

Senator Joel Villanueva says the Senate may push for reducing the VAT rate from 12% to 10% or liberalizi­ng rice importatio­n to ease inflation. @bworldph

Gerard de la Peña @gerarddela­pena

DPWH has also made a commitment to move its main offices to the New Government Administra­tive Center in at the New Clark City in Tarlac to help decongest Metro Manila.

Denise Valdez @deniseaval­dez

Constructi­on works for the Cebu-Cordova Link Expressway (CCLEx) has begun today with the dropping of the first pile on the site. The project would bridge the island of Mactan to mainland Cebu when completed in 2021. | @bworldph

Anna Mogato @AGAMogato

@flyPAL launches its sixth Japan-bound destinatio­n: a six-hour direct flight from Manila to Sapporo. PAL’s Airbus A321neo aircraft will be flying to New Chitose Airport three times a week starting Sept. 10 | @bworldph

Lee Kuan Yew School @LKYSch

Objectivit­y, fairness & balance are increasing­ly hard to find in analysis of China’s actions in the South China Sea. http://bit.ly/chinalens

Bloomberg Asia @BloombergA­sia

Turmoil deepens at Chinese conglomera­te HNA after its No. 2 executive, Wang Jian, falls to his death in France https://bloom.bg/2z9ied6

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