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Gov’t sees growth for palay, corn this quarter

PRODUCTION of palay, or unmilled rice, in the Philippines — one of the world’s biggest buyers of the grain — is forecast to increase 5.65% this quarter because of improved yields and increased harvest area, the state statistics agency said on Monday. The Philippine Statistics Authority (PSA) said that production in January-March will probably hit […] The post Gov’t sees growth for palay, corn this quarter appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineJan 22nd, 2018

ING Bank sees 6.7% GDP growth in Q4 of 2017

MANILA, Philippines - Dutch financial giant ING Bank said the Philippines’ economic expansion likely eased in the fourth quarter of 2017 but is still enough.....»»

Category: financeSource:  philstarRelated NewsJan 23rd, 2018

Gov’t ups Q3 GDP growth estimate; Moody’s Analytics sees Q4 slowdown

OVERALL ECONOMIC GROWTH can be expected to have picked up in the fourth quarter from a year ago, though expansion could have eased from the preceding three months, Moody’s Analytics said in a note on Friday, placing the full-year pace comfortably within the government’s 6.5-7.5% target. The Philippine Statistics Authority (PSA) is scheduled to report… link: Gov’t ups Q3 GDP growth estimate; Moody’s Analytics sees Q4 slowdown.....»»

Category: newsSource:  manilainformerRelated NewsJan 20th, 2018

Gov’t ups Q3 GDP growth estimate; Moody’s Analytics sees Q4 slowdown

OVERALL ECONOMIC GROWTH can be expected to have picked up in the fourth quarter from a year ago, though expansion could have eased from the preceding three months, Moody’s Analytics said in a note on Friday, placing the full-year pace comfortably within the government’s 6.5-7.5% target. The Philippine Statistics Authority (PSA) is scheduled to report […] The post Gov’t ups Q3 GDP growth estimate; Moody’s Analytics sees Q4 slowdown appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsJan 20th, 2018

Report sees Q4 GDP off to good start

A CONFLUENCE of bigger state spending, muted inflation and continued recovery of merchandise exports could propel gross domestic product (GDP) growth faster this quarter, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said in a joint report. “Infrastructure spending’s 17.8% jump in October and positive exports performance… along with… link: Report sees Q4 GDP off to good start.....»»

Category: newsSource:  manilainformerRelated NewsDec 27th, 2017

Report sees Q4 GDP off to good start

A CONFLUENCE of bigger state spending, muted inflation and continued recovery of merchandise exports could propel gross domestic product (GDP) growth faster this quarter, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said in a joint report. “Infrastructure spending’s 17.8% jump in October and positive exports performance… along with […] The post Report sees Q4 GDP off to good start appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsDec 26th, 2017

Crops output seen to sustain growth in Q1

MANILA, Philippines — The country’s production of palay (unhusked rice) and corn is seen to improve next year, banking on better yields and climatic conditio.....»»

Category: financeSource:  philstarRelated NewsDec 6th, 2017

Palay, corn output seen up 10%

PALAY output is expected to rise 10.11% to a record 19.409 million metric tons (MT) this year, the Philippine Statistics Authority (PSA) said in a report on Tuesday. In this final quarter alone, palay production is expected to increase by 6.26% to 7.45 million MT, as yield improvement offsets a contraction of harvest area, the… link: Palay, corn output seen up 10%.....»»

Category: newsSource:  manilainformerRelated NewsNov 22nd, 2017

Palay, corn output seen up 10%

PALAY output is expected to rise 10.11% to a record 19.409 million metric tons (MT) this year, the Philippine Statistics Authority (PSA) said in a report on Tuesday. In this final quarter alone, palay production is expected to increase by 6.26% to 7.45 million MT, as yield improvement offsets a contraction of harvest area, the […] The post Palay, corn output seen up 10% appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsNov 21st, 2017

NEDA chief sees faster Q3 growth

Economic growth likely picked up in the third quarter given improvements in exports, agriculture, investments and consumer spending, a Cabinet official said. “[A result] faster than the first quarter and second quarter growth is something probably easier to say,” Socioeconomic Planning Secretary Ernesto Pernia told reporters on Thursday when asked about the upcoming release of [...] The post NEDA chief sees faster Q3 growth appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 3rd, 2017

Slightly lower crops output seen in Q3

MANILA, Philippines — The country’s production of corn and palay (unhusked rice) is expected to slightly decline in the third quarter compared to earlier pro.....»»

Category: financeSource:  philstarRelated NewsOct 19th, 2017

DBS Bank sees 6% growth for Phl in Q2

MANILA, Philippines -  Philippine economic growth may stay above six percent in the second quarter, according to DBS Bank Ltd......»»

Category: financeSource:  philstarRelated NewsAug 14th, 2017

Metrobank trims PH growth forecast

Local lender Metropolitan Bank &'38; Trust Co. (Metrobank) has revised its 2017 Philippine growth forecast to 6.6 percent, down from the previous projection of above 7 percent, but said the economy remained on solid footing despite a first quarter slowdown. “For 2017, Research sees full-year average growth to come in at 6.6 percent,” Metrobank’s Research [...].....»»

Category: newsSource:  manilatimes_netRelated NewsAug 2nd, 2017

Rice imports readied despite bullish grains outlook

HIGHER PRODUCTION of palay and corn may be sustained this quarter on an increase in harvest area and on prospects that there will be sufficient rainfall, the Philippine Statistics Authority (PSA) said yesterday......»»

Category: newsSource:  bworldonlineRelated NewsMay 16th, 2017

Piñol projects positive Q1 farm growth

MANILA, Philippines - The Department of Agriculture (DA) sees farm output growing by two percent in the first quarter driven by an improved crops sub-sector,.....»»

Category: financeSource:  philstarRelated NewsMar 1st, 2017

Palay, corn output growth short vs drought losses – PSA

Palay, corn output growth short vs drought losses – PSA.....»»

Category: newsSource:  manilatimes_netRelated NewsNov 16th, 2016

Tetangco sees higher growth in 2nd quarter

Tetangco sees higher growth in 2nd quarter.....»»

Category: financeSource:  thestandardRelated NewsAug 2nd, 2016

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........»»

Category: newsSource:  philippinestodaRelated NewsJul 17th, 2016

Mitsubishi bullish on sales growth

MANILA, Philippines — Mitsubishi Motors Philippines Corp. (MMPC) sees sustained sales expansion this year, but at a slower pace compared to last year......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2018

Dec. sees record-high remittances

CASH REMITTANCES surged anew to a fresh record high in December, the central bank reported on Thursday, propelling these inflows past the growth forecast for the full year. Money sent home by overseas Filipino workers (OFWs) reached $2.741 billion that month, climbing by 7.1% from the $2.559 billion inflows posted in December 2016, the Bangko […].....»»

Category: newsSource:  bworldonlineRelated NewsFeb 16th, 2018

RCBC earns 11% higher in 2017

Yuchengco-led Rizal Commercial Banking Corp. recorded a double-digit profit growth of 11.4 percent last year after a strong performance in the fourth quarter......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2018