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Farm sector growth seen slower in H1

MANILA, Philippines — The agriculture sector is expected to post slower growth in the first half as an offshoot of the typhoons that hit the country at the t.....»»

Category: financeSource: philstar philstarJan 10th, 2018

Farm output grows slower in Q4, rebounds for the full year

VALUE of the country’s farm output grew by its slowest pace in 2017 in the fourth quarter, even as that rate marked a turnaround from a year-ago drop and enabled the sector to rebound to expansion for the full year, providing impetus to overall economic growth. July-September data released on Friday by the Philippine Statistics […] The post Farm output grows slower in Q4, rebounds for the full year appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJan 19th, 2018

Farm sector growth seen slower in H1

MANILA, Philippines — The agriculture sector is expected to post slower growth in the first half as an offshoot of the typhoons that hit the country at the t.....»»

Category: financeSource:  philstarRelated NewsJan 10th, 2018

Philippines manufacturing leads ASEAN in growth

The Philippine manufacturing sector outperformed those in ASEAN despite registering a slower expansion in January, according to the latest Nikkei ASEAN Manufacturing Purchasing Managers’ Index......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2019

DA optimistic on farm sector growth

The government’s rice tariffication program, planting calendar adjustments and easy access credit program of the Department of Agriculture (DA) will likely be the main drivers of farm sector growth this year. “An…READ The post DA optimistic on farm sector growth appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJan 25th, 2019

Typhoons slow farm sector growth in 2018

The country’s agriculture sector slowed down last year after consecutive typhoons battered the country, affecting the crops sector......»»

Category: financeSource:  philstarRelated NewsJan 23rd, 2019

PH industrial sector profit slower in Q3

Gross revenue growth in the Philippine industrial sector slowed in the third quarter of 2018, easing to 8.1 percent from 8.6 percent a year earlier, the Philippine Statistics Authority (PSA)…READ The post PH industrial sector profit slower in Q3 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJan 17th, 2019

Farm sector posts 1% growth in 2018

The local agriculture sector managed to grow by one percent last year despite the consecutive weather disturbances that hit the country which damaged P36 billion worth of crops, particularly rice......»»

Category: financeSource:  philstarRelated NewsJan 11th, 2019

DA sees better year ahead for battered agriculture sector | Inquirer Business

The countrys agriculture chief is optimistic that the farm sector will be able to recover from its dismal growth this year that was blamed mainly on the series of typhoons that hit the country. The po.....»»

Category: newsSource:  philippinetimesRelated NewsDec 29th, 2018

Philippines sees 2.5-3.5 percent rise in farm output next year

MANILA — The Philippine agriculture sector is expected to post a 2.5-3.5 percent growth in output next year after a dismal performance this year, with rice production projected to hit an all-time high, the country’s farm minister said on Thursday. Agriculture Secretary Emmanuel Pinol painted a more upbeat outlook for the sector than the official 2 […] The post Philippines sees 2.5-3.5 percent rise in farm output next year appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsDec 28th, 2018

Manufacturing extends growth streak in October — PSA

The manufacturing sector sustained its growth trajectory, although at a slower pace, in October on the back of seasonal demand and business optimism for the remainder of the year......»»

Category: financeSource:  philstarRelated NewsDec 6th, 2018

Q3 farm output weighs on overall economic growth with first drop in seven quarters

THE COUNTRY’s agricultural production fell for the first time in seven quarters in the three months to September amid the onslaught of four storms, according to data released on Wednesday by the Philippine Statistics Authority (PSA), showing the sector weighed on overall economic growth for the same period which will be reported Thursday......»»

Category: financeSource:  bworldonlineRelated NewsNov 7th, 2018

India is the fastest growing Asian economy

NEW DELHI --- India continues its strong economic performance with Asian Development Bank projecting the highest GDP growth rate of 7.3 percent in 2018, which was comparatively less in 2017 (6.7 percent). 'Export expansion, rising domestic consumption, strong investment fueled by FDI, and a strengthening agriculture sector' will propel Vietnam's GDP to 7.1 percent. The country has seen significant improvement and the growing robust workforce of the country has been instrumental in the country's growth. Bhutan, a country that has built its economy on clean energy generation is expected to see a surge in GDP With 7.1 percent in 2018. The boost from farm and industrial ...Keep on reading: India is the fastest growing Asian economy.....»»

Category: newsSource:  inquirerRelated NewsNov 4th, 2018

ADB trims Philippines growth forecasts for 2018, 2019

The Asian Development Bank has revised downward its growth projection for the Philippines this year and next, concerned with the persistent weakness in the agriculture sector, slower growth of exports and inflationary pressures......»»

Category: financeSource:  philstarRelated NewsSep 26th, 2018

Landbank allots funding to encourage more young agripreneurs

Government-run Land Bank of the Philippines has started a new credit facility that aims to draw more young Filipinos to the local agriculture sector in a bid to boost growth and ensure sustainability of the farm industry......»»

Category: financeSource:  philstarRelated NewsSep 14th, 2018

Philippine manufacturing growth ‘weaker’ in July

The Philippines’ manufacturing sector expanded further in July, but at a weaker pace amid slower growth in both output and new orders, according to monthly tracking done by IHS Markit for Nikkei, Inc......»»

Category: financeSource:  philstarRelated NewsAug 1st, 2018

Hiring grows for fifth straight month in May; BPO declines

HIRING ACTIVITY grew for a fifth straight month in May, with job listings rising 7% year on year, though the growth rate was slower than the 12% recorded in April, and the business process outsourcing (BPO) sector continuing to post double-digit declines, online jobs website Monster.com said......»»

Category: financeSource:  bworldonlineRelated NewsJul 19th, 2018

OECD: Agri growth in PH still slow amid strong financial buffer

Among emerging economies, the Philippines had one of the highest rate of support to its farmers in the last three years, a report showed.   In its latest agricultural evaluation, the Organization for Economic Cooperation and Development (OECD) said the country gave out the biggest support to the sector at an average of 26 percent of the country's total gross farm receipts for 2015 to 2017.   This is higher than the OECD average of 18 percent and one of the highest among all emerging economies covered by the report, which included Brazil, Chile, South Africa, Thailand, Mexico, Malaysia, India and Indonesia, among others.   The dominant form of support to t...Keep on reading: OECD: Agri growth in PH still slow amid strong financial buffer.....»»

Category: newsSource:  inquirerRelated NewsJul 13th, 2018

PH manufacturing gains pace in April

THE Philippine manufacturing sector continued to gain momentum in April but the pace of growth was still slower compared to a year ago, as inflationary pressures remained elevated, an IHS Markit/Nikkei survey found. Results released on Wednesday showed a seasonally adjusted Purchasing Managers’ Index (PMI) of 52.7 for the month, a marginal improvement from March’s 51.5 but [...] The post PH manufacturing gains pace in April appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsMay 2nd, 2018

NCR jobs growth slower in Q4 — PSA

Employment in Metro Manila grew at a significantly slower pace in the fourth quarter of 2017, with most of the new hires seen in the services sector, the Philippine Statistics Authority (PSA) reported......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2018

New law gives free irrigation for farmers

PRESIDENT Rodrigo R. Duterte on February 2 has signed into law Republic Act No. 10969, which grants free irrigation to farmers and condones unpaid irrigation fees. The Free Irrigation Act would help “sustain the farm sector’s turnaround, which posted a 3.97% growth last year, after posting a 1.4% dip in 2016,” Senate President Pro Tempore […] The post New law gives free irrigation for farmers appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsFeb 9th, 2018