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Growth to remain below target — BMI

By Melissa Luz T. Lopez Senior Reporter BMI RESEARCH has raised its growth forecast for the Philippines, but still expects that the pace will log below the government’s full-year goal amid softer private investments and tighter financial conditions. The Fitch unit now sees 2018 gross domestic product (GDP) growth at 6.5%, faster than their previous […] The post Growth to remain below target — BMI appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineMay 17th, 2018

Banking execs expect 5-7% PH growth – BSP

Bank executives remain optimistic about the Philippine economy but most expect growth, at best, to only hit the bottom end of the government’s target. “Majority (76.3 percent of respondents) of bank executives expect the economy to grow by 5 to 7 percent in the next two years across the banks surveyed,” the Bangko Sentral ng… link: Banking execs expect 5-7% PH growth – BSP.....»»

Category: newsSource:  manilainformerRelated NewsOct 4th, 2018

Banking execs expect 5-7% PH growth – BSP

Bank executives remain optimistic about the Philippine economy but most expect growth, at best, to only hit the bottom end of the government’s target. “Majority (76.3 percent of respondents) of bank executives expect the economy to grow by 5 to 7 percent in the next two years across the banks surveyed,” the Bangko Sentral ng [...] The post Banking execs expect 5-7% PH growth – BSP appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsOct 3rd, 2018

Growth to remain below target — BMI

By Melissa Luz T. Lopez Senior Reporter BMI RESEARCH has raised its growth forecast for the Philippines, but still expects that the pace will log below the government’s full-year goal amid softer private investments and tighter financial conditions. The Fitch unit now sees 2018 gross domestic product (GDP) growth at 6.5%, faster than their previous […] The post Growth to remain below target — BMI appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 17th, 2018

IMF sees 2017 PHL growth on target

THE INTERNATIONAL Monetary Fund (IMF) expects the Philippines to remain among Asia’s growth leaders in 2017 on the back of increased public spending and a recovery in exports, its country official said, even as he stressed the need to legislate tax reforms to support the government’s aggressive fiscal plans......»»

Category: newsSource:  bworldonlineRelated NewsJan 16th, 2017

Front Page: IMF sees 2017 PHL growth on target

THE INTERNATIONAL Monetary Fund (IMF) expects the Philippines to remain among Asia's growth leaders in 2017 on the back of increased public spending and a recovery in exports, its country official said, even as he stressed the need to legislate tax reforms to support the government's aggressive fiscal plans......»»

Category: financeSource:  bworldonlineRelated NewsJan 16th, 2017

World Bank projects growth in remittances to PH slowing to 2.8%

The Philippines is expected to remain among the biggest destinations of remittance flows this year even as the World Bank projected slower growth due to the repatriation of overseas Filipino workers (OFWs) from the Middle East.   In its December 2018 Migration and Remittances: Recent Developments and Outlook report, the Washington-based multilateral lender said the top remittance-receiving countries would be India ($79.5 billion), China ($67.4 billion), the Philippines and Mexico (both $33.7 billion), Egypt ($25.7 billion), and Nigeria ($25.1 billion).   Also among the 10 countries seen receiving the largest remittance flows in 2018 were Pakistan ($20.9 billion), Uk...Keep on reading: World Bank projects growth in remittances to PH slowing to 2.8%.....»»

Category: newsSource:  inquirerRelated NewsDec 14th, 2018

Trade dep’t says export of goods on track even as growth falls short of DBCC goal

By Victor V. Saulon, Sub-Editor THE COUNTRY should be able to hit the Trade department’s merchandise export target in 2018, officials of the Department of Trade and Industry (DTI) said on Friday, even though growth will be in low single-digit rate and will lag behind last year’s pace. “We will meet our targets for 2018… link: Trade dep’t says export of goods on track even as growth falls short of DBCC goal.....»»

Category: newsSource:  manilainformerRelated NewsDec 8th, 2018

Trade dep’t says export of goods on track even as growth falls short of DBCC goal

THE COUNTRY should be able to hit the Trade department’s merchandise export target in 2018, officials of the Department of Trade and Industry (DTI) said on Friday, even though growth will be in low single-digit rate and will lag behind last year’s pace......»»

Category: financeSource:  bworldonlineRelated NewsDec 7th, 2018

Monetary policy to stay vigilant – BSP officials

The lower November inflation of six percent from September-October’s 6.7 percent confirms that it is heading back to the two-four percent target range for 2019 and 2020 but monetary action will remain vigilant amid uncertainty in the global markets, according to BSP officials. Monetary policy to stay vigilant – BSP officials Source link: Monetary policy to stay vigilant – BSP officials.....»»

Category: newsSource:  manilainformerRelated NewsDec 5th, 2018

Philippines to miss growth targets in 2018 and 2019

Sun Life of Canada (Philippines) Inc. expects the Philippines to miss its economic growth target for this year and next......»»

Category: financeSource:  philstarRelated NewsDec 5th, 2018

Philippines growth to further slow in 2019 — ING

Dutch financial giant ING Bank expects the Philippine economy to slow down further next year as inflation is expected to remain elevated while rate hikes may take its toll on growth......»»

Category: financeSource:  philstarRelated NewsDec 4th, 2018

Economy seen sustaining growth above 6% | Inquirer Business

The Philippine economy will continue to grow above 6 percent this year and next, but the pace of growth wont likely be as great as in previous year as internal and external headwinds remain, New York-.....»»

Category: newsSource:  philippinetimesRelated NewsDec 3rd, 2018

‘Philippines to eradicate malaria by 2030’

The Department of Health (DOH) is confident of meeting its target to eliminate malaria by 2030 even though five provinces remain at risk for the mosquito-borne disease......»»

Category: newsSource:  philstarRelated NewsDec 1st, 2018

‘Philippines to eradicate malaria by 2030’

The Department of Health (DOH) is confident of meeting its target to eliminate malaria by 2030 even though five provinces remain at risk for the mosquito-borne disease. Source link link: ‘Philippines to eradicate malaria by 2030’.....»»

Category: newsSource:  manilainformerRelated NewsDec 1st, 2018

Bank ratings seen ‘stable’ for next year

PHILIPPINE BANKS’ debt ratings will remain “stable” over the coming year, propped up by an ample capital base and strong loan growth despite rising interest rates, Moody’s Investors Service said in a report on Monday......»»

Category: newsSource:  bworldonlineRelated NewsNov 19th, 2018

‘PH will regain growth momentum’

There is no doubt that the Philippines, despite the economic headwinds both local and overseas, should weather the buffeting and rebuild the growth momentum lost the past several quarters. We remain among the strongest economies in Asia. We are poised to recover our growth momentum, aided by investments in modernizing our infrastructure and strong inflows […].....»»

Category: newsSource:  tribuneRelated NewsNov 18th, 2018

Hitting GDP growth goal not easy – DoF official

REACHING the government’s full-year economic growth target of 6.5 to 6.9 percent will be a challenge, but it can be done, a senior Finance official said as he predicted a...READ MORE The post Hitting GDP growth goal not easy – DoF official appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 9th, 2018

6.1% Q3 GDP growth slowest in 3 yrs

Due to high prices, many consumers cut down on their purchases of food, among other essential items, hence tempering a major booster to the Philippine economy and slowing overall economic growth to a three-year low of 6.1 percent year-on-year in the third quarter.   "We are not exactly exuberant about the 6.1-percent growth rate, but comforted that we remain one of the fastest-growing economies in Asia, next to Vietnam at 7 percent, China at 6.5 percent, and way ahead of Indonesia at 5.2 percent," Socioeconomic Planning Secretary Ernesto M. Pernia said in a press conference yesterday.   The gross domestic product (GDP) expansion during the first nine months of the y...Keep on reading: 6.1% Q3 GDP growth slowest in 3 yrs.....»»

Category: newsSource:  inquirerRelated NewsNov 9th, 2018

PH’s 6.1% GDP in Q3 3rd fastest in Asia

The country remains among the fastest-growing economies in Asia by registering a 6.1 percent gross domestic product (GDP) in the third quarter, according to the National Economic Development Authority (NEDA) chief. “We are not exactly exuberant about the 6.1 percent growth rate but still comforted that we remain one of the fastest-growing economies in Asia, […].....»»

Category: newsSource:  tribuneRelated NewsNov 8th, 2018

‘Opportunities abound for PH insurance sector’

GLOBAL credit-rating agency Moody’s Investors Service said the Philippine insurance industry had plenty of opportunities for growth, but cautioned that challenges remain. In its “Sectors In-depth” report on Thursday night,...READ MORE The post ‘Opportunities abound for PH insurance sector’ appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsNov 2nd, 2018