Advertisements


We are sorry, the requested page does not exist




ADB cuts Philippines growth outlook to 6% in 2024

The Asian Development Bank has trimmed its growth forecast for the Philippines for this year, citing risks posed by extreme weather events that can drive up inflation and the slower growth in advanced economies......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

IMF hikes Philippines 2024 growth target

The International Monetary Fund upgraded its 2024 economic growth forecast for the Philippines amid the stronger rebound in investments and exports......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

The Future of Work: AI’s Double-Edged Sword for Global Economies

Artificial Intelligence (AI) holds promise in revolutionizing global productivity and economic growth. However, the flip side includes potential job displacement and a widening wealth gap. Without proper policies, nations may struggle to adapt to this emerging technology. The International Monetary Fund (IMF) indicates that nearly 40% of global jobs could be influenced by AI. In […].....»»

Category: newsSource:  metrocebuRelated NewsJan 17th, 2024

Argentina permitted to tap IMF bailout

The Latin American country is heading towards 200% inflation amid the worst economic crisis in decades The International monetary Fund (IMF) has agreed to unlock $4.7 billion for Argentina as part of a debt restructuring plan even though the country missed targets related to its $43 billion loan program, the fund anno.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 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

5-day forecast: Fair weather expected in Cebu

CEBU CITY, Philippines – The weather in Metro Cebu and the rest of the province is forecast to be generally fair and pleasant over the next five days, the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa) said. The Pagasa Visayas Regional Services Division has forecast that the Visayas, including the whole of Cebu, will.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

Market falls amid worries over rate cuts, China growth

Share prices ended in the red for a third session after another dour day across global markets, fuelled by a sense of resignation that the interest rate cuts long expected in March will not materialize due to stubbornly high inflation......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

ANZ raises Philippine inflation forecast to 3.8% this year

ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Moody’s: Philippines highly exposed to food security risks

Food security risks will likely remain elevated in Asia-Pacific even if prices of food ease this year, with the Philippines among the most exposed to shocks and risks in the region, Moody’s Investors Service said......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Putin: Sending Western troops to Ukraine risks global nuclear war

Putin: Sending Western troops to Ukraine risks global nuclear war.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

Most Read Apr 26, 2018 – 01:29 PM

Most Read as of Apr 26, 2018 – 01:29 PM SC to announce 2017 bar exam results at 1:15 p.m. on Thursday 25.5% of 6,750 pass Bar Exam 2017 University of St. La Salle alum tops Bar Exam 2017 Sotto bares initial list of Senate bets NPC will endorse in 2019 Sunshine Dizon explains why.....»»

Category: newsSource:  inquirerRelated NewsApr 10th, 2024

Nomura hikes Philippines growth target for 2024

Nomura Global Markets Research has upgraded its economic growth forecast for the Philippines to six percent from 5.8 percent for this year after a better-than-expected expansion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Citi hikes Philippines inflation forecast

Global banking giant Citi raised its 2024 inflation forecast for the Philippines to 3.6 percent from 3.4 percent previously, following the faster-than-expected headline print in February......»»

Category: financeSource:  philstarRelated NewsMar 10th, 2024

Gradual BSP rate cuts likely by Q3

The Bangko Sentral ng Pilipinas is expected to make gradual interest rate cuts starting in the third quarter of the year, according to global banking giant Citi......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

Gov t cuts growth target to 6%-7% — NEDA

In a press briefing with the members of the press on Thursday, Balisacan said that the country's economic growth target had been revised following a careful consideration of factors such as the global economic slowdown, rising oil prices and inflation trends......»»

Category: financeSource:  philstarRelated NewsApr 4th, 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

Local hopes and global risks

In national development as in personal life, hopes and expectations at the start of a new year are also fraught with risks......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Race for global economic dominance sees striking turn of fortunes - ex-IMF official

The assumption that China will eventually overtake the US as the world's largest economy now seems less certain, Eswar Prasad has said The US has extended its lead over China in the race for the globe's largest economy, Bloomberg reported on Friday.    The American economy defied forecasts in outperfo.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

Singapore bank hikes Philippines inflation forecast

DBS Bank Ltd. of Singapore raised its inflation forecast for the Philippines this year to 3.7 percent from 3.3 percent previously, a development which could prompt the Bangko Sentral ng Pilipinas (BSP) to keep rates higher for longer......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

Household cuts rice consumption

Household cuts rice consumption.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024