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SM conglomerate optimistic on growth prospects for 2024

Conglomerate SM Investments Corp. of the Sy family is cautiously optimistic for 2024, but remains committed to stay on growth mode after solid contributions from its core businesses and higher earnings contribution from portfolio investments, which lifted earnings by a quarter to P77 billion in 2023......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

S& P: Philippines may miss growth goal this year

S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Dole-Davao last to adopt minimum wage adjustment

AN OFFICIAL from the Department of Labor and Employment-Davao Region (Dole-Davao) said the region was the last in the Philippines to implement the minimum wage adjustment......»»

Category: newsSource:  sunstarRelated NewsMar 11th, 2024

RTWPB-XI to conduct public hearing on minimum wage adjustment for private sector, domestic workers

RTWPB-XI to conduct public hearing on minimum wage adjustment for private sector, domestic workers.....»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Health targets will deliver better outcomes for New Zealanders

The coalition Government's commitment to five key health targets will drive better outcomes for all New Zealanders, in the concluding announcement to its 100 day plan.Health Minister Dr Shane Reti announced the targets in Whangrei, saying they represented a vigorous new direction in health from a Government determined to deliver for all New Zealanders. "These five.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

Nickel Asia sets net zero targets

Mining firm Nickel Asia Corp. is strengthening its commitment toward sustainability as it submitted its emissions reduction targets to the global Science Based Targets Initiative......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Philippines 10-year nuclear plan ‘too late,’ says climate analyst

The long-term nuclear plan outlined by the Department of Energy is “too long, too late” due to the climate emergency, a climate analyst said, suggesting instead the prioritization of building renewable energy facilities......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Recto sets sights on ‘more realistic’ targets

Nearly a month in office, the head of the government’s economic team is already looking at a review of growth and fiscal targets this year and over the medium term, noting that global developments should prompt for “more realistic” expectations......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

South Korea cautiously optimistic about US-Japan military upgrades

WASHINGTON - South Korea is cautiously optimistic about alliance upgrades that the U.S. and Japan have planned to bolster security in East Asia and the Indo-Pacific region.A South Korean Foreign Ministry spokesperson said the ministry "noted" that the U.S. and Japan, at their summit in Washington last week, spoke of "the defensive nature of the U.S.-Japan alliance" and emphasized "peace and stability" in the reg.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

Alvarez very optimistic about NIR Law

Alvarez very optimistic about NIR Law.....»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024

Lacson optimistic with NegOcc economy after ‘stable internal peace’ declaration

Lacson optimistic with NegOcc economy after ‘stable internal peace’ declaration.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024

DMCI Holdings cautiously optimistic for 2024

The Consunji Group is taking a cautiously optimistic outlook for this year......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

NEDA chief sees 2015 growth at 6% despite typhoons

By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government is optimistic about achieving its target economic growth of 6.9 percent in the fourth quarter despite the devastation wrought by typhoons,........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

Unilever bullish on Philippine growth prospects

Unilever Philippines is optimistic of sustaining robust growth this year as it aims to grow its business faster than the country’s gross domestic product......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

British chamber remains optimistic on UK-Philippines trade growth

With the total trade in goods and services reaching an all-time high of £3.0 billion, BCCP Executive Director/Trustee Chris Nelson expressed optimism on the positive growth trajectory of the UK and the Philippines’ bilateral trade......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

PH Economy Remains Optimistic Amid Global Slowdown

The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»

Category: newsSource:  metrocebuRelated NewsJan 12th, 2024

No change in BSP rates

As widely expected, the Bangko Sentral ng Pilipinas kept interest rates unchanged at a 16-year high as monetary authorities are looking for a more sustained downward trend in inflation......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

CitySavings Named One of the 2024 Philippines’ Growth Champions

City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions.  The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»

Category: newsSource:  metrocebuRelated NewsMar 8th, 2024

Rate cut seen to boost growth

The much anticipated monetary policy easing will bolster the country’s economic expansion, but the growth will still be below targets amid risks stemming from the impact of El Niño, according to Sun Life Investment Management and Trust Corp.......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Chinese economy to moderate in 2024: ADB

Manila [Philippines], April 12 (ANI): The Chinese economy is forecast to grow 4.8 per cent in 2024, amid a recovery of household consumption, ongoing property market adjustment, and weak external demand, according to the latest report published by the Asian Development Bank (ADB). The growth in the Asian economy is projected to moderate from a 5.2 per cent expansion last year. An uncertain external macroeconomic environme.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024