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Fitch cuts Philippine growth forecast

FITCH Solutions has downgraded its growth forecast for the Philippines anew, noting that the economy is unlikely to bounce back to a faster pace due to tighter credit conditions and waning investor appetite......»»

Category: newsSource: bworldonline bworldonlineNov 9th, 2018

Fitch eases Philippine GDP growth projection

FITCH RATINGS has tempered its growth forecast for the Philippines to match the low end of the government’s projection, in the wake of last semester’s slower expansion and amid rising interest rates......»»

Category: newsSource:  bworldonlineRelated NewsOct 21st, 2018

IMF cuts Philippine growth forecast for 2018 amid new challenges

BW FILE PHOTO By Elijah Joseph C. Tubayan, Reporter THE INTERNATIONAL Monetary Fund (IMF) lowered its gross domestic product (GDP) growth projection for the Philippines this year, amid downside risks from “rising inflation, continued rapid credit growth, higher US interest rates and US dollar, volatile capital flows, and trade tensions.” The IMF expects Philippine GDP… link: IMF cuts Philippine growth forecast for 2018 amid new challenges.....»»

Category: sportsSource:  abscbnRelated NewsSep 28th, 2018

IMF cuts Philippine growth forecast for 2018 amid new challenges

THE INTERNATIONAL Monetary Fund (IMF) lowered its gross domestic product (GDP) growth projection for the Philippines this year, amid downside risks from “rising inflation, continued rapid credit growth, higher US interest rates and US dollar, volatile capital flows, and trade tensions.”.....»»

Category: financeSource:  bworldonlineRelated NewsSep 28th, 2018

Fitch Solutions Sees One More Rate Hike, Cuts GDP Growth Forecast

Citing sustained rise of inflation and credit growth, Fitch Solutions forecasts an additional 25 basis points increase in the Bangko Sentral ng Pilipinas’ (BSP) key rates before yearend. In a research note, the Fitch Group unit contends that while the implementation of tax reforms since January 2018 is a major contributor to price pressures, it […].....»»

Category: newsSource:  metrocebuRelated NewsAug 13th, 2018

ING Bank cuts Phl GDP growth forecast

Dutch financial giant ING Bank is painting a gloomier picture of the Philippine economy, slashing its 2018 growth forecast to 6.3 percent from the original forecast of 6.8 percent after a slower-than-expected expansion in the second quarter......»»

Category: financeSource:  philstarRelated NewsAug 12th, 2018

Fitch Solutions cuts PH growth forecast

Another 25-bps policy rate hike expected before yearend A Fitch Group unit has cut its 2018 growth forecast for the Philippines following a substantial second-quarter slowdown, also warning of continued headwinds amid government claims of a production-led recovery in the months ahead. In a report released on Friday, Fitch Solutions (formerly BMI Research) said it now [...] The post Fitch Solutions cuts PH growth forecast appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsAug 11th, 2018

GDP outlook up on ‘stellar’ growth pace

BMI Research, Fitch Group's think tank unit, has raised its outlook for the Philippine economy for this year following the “stellar economic growth performance” in the first quarter of 2018. In a report released Thursday, the BMI Research revised upward its gross domestic product forecast for the country to 6.5….....»»

Category: newsSource:  journalRelated NewsMay 20th, 2018

PH GDP Outlook Raised on ‘Stellar Economic Growth Performance’

BMI Research, Fitch Group’s think tank unit, has raised its outlook for the Philippine economy for this year following the “stellar economic growth performance” in the first quarter of 2018. In a report released Thursday, the BMI Research revised upward its gross domestic product (GDP) forecast for the country to 6.5 percent from its previous […].....»»

Category: newsSource:  metrocebuRelated NewsMay 18th, 2018

BMI Research revises PH GDP growth to 6.9%

Fitch-owned think tank BMI Research is upgrading its Philippine economic forecast based on the perception of strong growth potentials under the Duterte administration. In a report entitled “Philippines: Outperformance Ahead,” BMI Research rais.....»»

Category: newsSource:  manilatimes_netRelated NewsSep 4th, 2016

Philippine mining industry value forecast

THE PHILIPPINES will remain a compelling case for miners at least until the end of President Rodrigo R. Duterte’s term in 2022 despite an increasingly trying regulatory environment, according to Fitch Solution’s Philippines Mining Report......»»

Category: newsSource:  bworldonlineRelated NewsOct 30th, 2018

Downward adjustment in growth targets too optimistic

The recent downward adjustment made by the Philippine government in the economic growth forecast for this year is still too conservative considering the challenges faced by the economy, according to London-based Capital Economics......»»

Category: financeSource:  philstarRelated NewsOct 21st, 2018

DBCC cuts 2018 PH growth forecast

Inflation, peso-dollar estimates also revised Economic managers have cut their growth forecast for the year, citing factors such as above-target inflation, rising crude prices and monetary policy tightening. Following a...READ MORE The post DBCC cuts 2018 PH growth forecast appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsOct 16th, 2018

Philippines cuts 2018 GDP growth goal, raises inflation targets

MANILA — The Philippine government has shaved its economic growth target for this year and raised inflation forecasts for 2018 and 2019, reflecting caution as soaring consumer prices curb expansion in one of Asia’s fastest growing economies. The economy grew 6.0 percent in the second quarter, the slowest in almost three years, raising the challenge […] The post Philippines cuts 2018 GDP growth goal, raises inflation targets appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsOct 16th, 2018

IMF slashes 2019 Philippine growth forecast as well

THE INTERNATIONAL MONETARY FUND (IMF) has downgraded its economic growth forecast for the Philippines in 2019, over the worsening trade conflict between the US and China. The post IMF slashes 2019 Philippine growth forecast as well appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsOct 12th, 2018

IMF slashes 2019 Philippine growth forecast as well

By Elijah Joseph C. Tubayan, Reporter THE INTERNATIONAL MONETARY FUND (IMF) has downgraded its economic growth forecast for the Philippines in 2019, over the worsening trade conflict between the US and China. IMF’s Regional Economic Outlook: Asia and Pacific published on Friday bared a Philippine gross domestic product (GDP) growth projection of 6.6% in 2019,… link: IMF slashes 2019 Philippine growth forecast as well.....»»

Category: newsSource:  manilainformerRelated NewsOct 12th, 2018

IMF cuts global growth forecast

WASHINGTON, D.C.: An upswing in economic risks due to rising trade tensions and debt levels has prompted the International Monetary Fund (IMF) to cut its forecast for world growth for this year and next. With trade growth set to slow sharply amid a trade war between the United States and China, the IMF cut its outlook for [...] The post IMF cuts global growth forecast appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 10th, 2018

IMF cuts global growth forecast to 3.7% for 2018, 2019 as risks rise

International Monetary Fund (IMF) chief Christine Lagarde. AP FILE WASHINGTON, United States - An upswing in economic risks due to rising trade tensions and debt levels has prompted the Internation.....»»

Category: newsSource:  philippinetimesRelated NewsOct 9th, 2018

IMF cuts global growth forecast to 3.7% for 2018, 2019 as risks rise

WASHINGTON DC, USA – An upswing in economic risks due to rising trade tensions and debt levels has prompted the International Monetary Fund to cut its forecast for world growth for this year and next. With trade growth set to slow sharply amid a trade war between the United States and China , ........»»

Category: newsSource:  rapplerRelated NewsOct 9th, 2018

World Bank cuts 2018 PH forecast

The World Bank has joined other multilateral organizations in cutting growth forecasts for the Philippines, on Thursday announcing changes to its 2018 outlook given above-target inflation and rising global uncertainties. The Washington-based lender, in its Philippines Economic Update, said it now expected the country to post gross domestic product growth (GDP) of 6.5 percent this [...] The post World Bank cuts 2018 PH forecast appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 4th, 2018

World Bank downgrades Philippine growth outlook to 6.5%

The World Bank has downgraded its growth forecast for the Philippines to 6.5 percent this year amid rising global uncertainties and domestic inflationary pressures......»»

Category: financeSource:  philstarRelated NewsOct 4th, 2018