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PH growth to fall below 7-8% target

Duterte comments, policy changes a major concern – Capital Economics Philippine economic growth will likely stay “decent” over the medium term but fall short of the government’s 7.0-8.0 percent target, research consultancy Capital Economics said. In its latest “Emerging Asia Economic Outlook,” the London-based firm forecast gross domestic product (GDP) growth of 6.5 percent for [...] The post PH growth to fall below 7-8% target appeared first on The Manila Times Online......»»

Category: newsSource: manilatimes_net manilatimes_netJul 12th, 2018

GDP growth to miss goal, but not ‘bad’

PHILIPPINE economic growth will likely fall short of the government’s 7-8% target until next year, due to a sustained slowdown in exports and weak manufacturing, even as strong capital formation should help gross domestic product (GDP) expand in line with potentials, economists of the Ateneo de Manila University said in a briefing on Thursday. The post GDP growth to miss goal, but not ‘bad’ appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsAug 23rd, 2018

Philippine economy to grow below gov t target – IMF

MANILA, Philippines – The International Monetary Fund (IMF)  expressed optimism in the Philippine economy, but it expects growth to fall below the government's target. Luis Breuer, IMF mission chief for the Philippines, said they expect the country's gross domestic product (GDP)  to expand by 6.7% this year and the next. The forecast is just 0.3 ........»»

Category: newsSource:  rapplerRelated NewsJul 25th, 2018

PH growth to fall below 7-8% target

Duterte comments, policy changes a major concern – Capital Economics Philippine economic growth will likely stay “decent” over the medium term but fall short of the government’s 7.0-8.0 percent target, research consultancy Capital Economics said. In its latest “Emerging Asia Economic Outlook,” the London-based firm forecast gross domestic product (GDP) growth of 6.5 percent for [...] The post PH growth to fall below 7-8% target appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJul 12th, 2018

World Bank retains below-target forecast for Philippine economy

The World Bank has kept its growth forecast for the Philippine economy that, if realized, will fall below the government’s target for the next few years......»»

Category: financeSource:  philstarRelated NewsJun 6th, 2018

Q2 GDP growth likely on target — Budget chief

ECONOMIC growth likely picked up this quarter to fall within the 7-8% official full-year 2018 target, the Budget chief said on Tuesday, as the Philippine Statistics Authority (PSA) reported that factory output began those three months with its biggest improvement in eight years. The post Q2 GDP growth likely on target — Budget chief appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJun 6th, 2018

Spending challenges flagged amid GDP growth

STANDARD CHARTERED Bank sees “steady” Philippine economic growth in 2018 on the back of an infrastructure development push, even as it expects state spending on this item to fall short of target due to local bottlenecks. And with inflation picking up, the bank now expects the Bangko Sentral ng Pilipinas (BSP) to hike policy rates […] The post Spending challenges flagged amid GDP growth appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJan 24th, 2018

Fitch Unit revises upward 2018 Philippines growth forecast

MANILA, Philippines - Economic growth is likely to fall below the Duterte administration’s target over the next two years, albeit still at a “respectable” le.....»»

Category: financeSource:  philstarRelated NewsAug 19th, 2017

Weak global demand to drag down exports growth DTI

MANILA, Philippines The Department of Trade and Industry (DTI) expects to fall short of its exports growth target this year but clarifies the slowdown is n.....»»

Category: financeSource:  philstarRelated NewsJul 21st, 2016

Bayern toasting Bundesliga dominance ahead of Oktoberfest

By CIARAN FAHEY,  Associated Press BERLIN (AP) — Bayern Munich's rivals appear to have thrown in the towel already. "Bayern's superiority is striking," Schalke general manager Christian Heidel said after his team lost to the defending Bundesliga champions on Saturday. "The way they played, I can't imagine them losing another game." Bayern was supposed to have had a tough start against Hoffenheim, Stuttgart, Bayer Leverkusen and then Schalke, last season's runner-up. But the team's confidence is booming after winning every game comfortably since its loss to Eintracht Frankfurt in the German Cup final in May. "It can go on like that," Bayern sporting director Hasan Salihamidzic said. Ominously for Bayern's rivals, the Bavarian powerhouse has not lost during Oktoberfest for the last eight years. The 185th edition of the beer-festival in Munich started Saturday and runs until Oct. 7. While they may indulge themselves by wearing the traditional leather pants of the region, the players will have to resist the temptations of the jugs of wheat beer at the festival - at least until the last Sunday. "Until then they can maybe drink a radler," Salihamidzic joked, referring to beer watered down by non-alcoholic soda. Bayern coach Niko Kovac said the players know what is expected of them during Oktoberfest. "If they go there, they will certainly be recognized and that won't go down well. We'll have time to go there, but now we still have to get points," Kovac said. Bayern, which is going for a record-extending seventh straight title, next hosts Bavarian rival Augsburg on Tuesday, before traveling to second-place Hertha Berlin on Friday. A win against its closest rival could see Bayern open up a five-point lead after six matches. 'DEATH THREAT' Hoffenheim said it was shocked by the animosity displayed by Borussia Dortmund fans toward its billionaire backer, Dietmar Hopp, in the 1-1 draw on Saturday, when fans displayed what the club called a "death threat" against him. Dortmund fans rolled out a huge banner showing Hopp's head in crosshairs over the words "Hasta la vista, Hopp" across a large section of the guest block at the stadium in Hoffenheim. A similar banner, only much smaller, caused a stir 10 years ago. Dortmund chief executive Hans-Joachim Watzke apologized for the banner. Hopp is a target for Dortmund fans after initiating legal proceedings against more than 30 of them for alleged obscenities during a game last season. HERTHA HERO It took some time, but Ondrej Duda finally seems to have arrived at Hertha in his third season at the club. The Slovakia midfielder sealed the 4-2 win over Borussia Moenchengladbach on Saturday, taking his goal tally to a league-leading four in four games. Duda only made three league appearances - 67 minutes altogether - in his first season at Hertha after joining from Legia Warsaw in 2016, while he scored one goal in 17 appearances last season. GOETZE'S FALL Mario Goetze, who scored Germany's World Cup-winning goal in 2014, has yet to play for Dortmund in the Bundesliga this season. The 26-year-old Goetze was left out of the squad altogether for the game at Hoffenheim, a decision that coach Lucien Favre said was purely sporting......»»

Category: sportsSource:  abscbnRelated News3 hr. 24 min. ago

Barclays ‘positive’ on PH growth

CLARK FREEPORT ZONE: Philippine economic growth is expected to stay strong this year but slow somewhat from 2017, British investment bank Barclays said, with above-target inflation a challenge to continued expansion. “We have been positive on the growth outlook of the Philippines for quite some time. We are forecasting close to 6.5 percent growth for [...] The post Barclays ‘positive’ on PH growth appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 20th, 2018

Hitting 2018 growth goal now less likely

Prevailing high consumer prices would make it more difficult to achieve the government's economic growth target of 7-8 percent for this year, the country's chief economist said. Asked by.....»»

Category: newsSource:  philippinetimesRelated NewsSep 11th, 2018

‘Nubain queen,’ 3 others fall in dormitory drug bust

A HIGH-VALUE target tagged as “Nubain Queen” and three of his cohorts were arrested by Cebu City police after they yielded 540 ampoules of nubain inside a dormitory on N. Bacalso St., Barangay Sambag 1 last Friday evening. The subject of the buy-bust was identified as Louie Goopio, 25, who was caught along with Gerald… link: ‘Nubain queen,’ 3 others fall in dormitory drug bust.....»»

Category: newsSource:  manilainformerRelated NewsSep 8th, 2018

Inflation forecasts hiked, legislative measures urged

Banking giant HSBC has raised its 2018-2019 inflation forecasts for the Philippines following August’s nine-year high, accompanying this with a warning that monetary policy tightening was not enough to mitigate above-target consumer price growth. Legislative action, it said in a report released on Thursday, is “necessary” and the government should also consider temporary subsidies after [...] The post Inflation forecasts hiked, legislative measures urged appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 6th, 2018

Gov t likely to miss economic growth target in 2018 — Dominguez

"I think we will still be close to 6.8 percent this year.".....»»

Category: financeSource:  philstarRelated NewsSep 3rd, 2018

Uniqlo to open in Vietnam next year

HANOI --- Japanese casual clothing retailer Uniqlo last week announced its plans to launch its first store in Vietnam during fall 2019, marking its further growth in Southeast Asia. "The Southeast Asia region has been an important driver of growth for us, and we are pleased and optimistic about our opportunity to be a part of such an exciting economy and retail market," said Tadashi Yanai, Chairman, President and CEO of Fast Retailing Co., Ltd., the parent company of Uniqlo. Its first store will be opened in Vietnam's economic hub, HCM City, and operated through a joint venture between Mitsubishi Corporation and Fast Retailing, who will own 25 percent and 75 percent of the company, r...Keep on reading: Uniqlo to open in Vietnam next year.....»»

Category: newsSource:  inquirerRelated NewsSep 2nd, 2018

FMIC, UA& P see faster economic growth this semester

ECONOMIC GROWTH can be expected to pick up this semester, though it may be nowhere near the 7.7% needed for gross domestic product (GDP) to hit the lower end of the government’s 7-8% full-year target, according to the latest joint assessment of First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P). The post FMIC, UA&P see faster economic growth this semester appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 29th, 2018

Philippine GDP growth not seriously impacted by rate hikes

MANILA – Recent Philippine interest rate hikes will not have a serious impact on the economy, the finance minister said on Tuesday, allowing the government to keep its 2018 growth target of 7-8 percent for now. The current policy rates are “totally appropriate”, Finance Secretary Carlos Dominguez told a journalists’ forum, adding that they are […].....»»

Category: newsSource:  interaksyonRelated NewsAug 29th, 2018

Dominguez: Recent rate hikes won t have serious impact on economy

The Bangko Sentral ng Pilipinas’ back-to-back rate hikes to fight inflation won’t have a significant impact on the economy, the country’s finance chief said Tuesday, giving the economic managers enough room to keep its 2018 growth target for the time being......»»

Category: financeSource:  philstarRelated NewsAug 28th, 2018

Sustaining a legacy of caring

Under the management of the Mount Grace Hospitals, Inc., the Fe del Mundo Medical Center continues its legacy of providing appropriate care to its target markets delivered by its compassionate professionals, keeping up with medical development and relevant technologies while partnering with organizations to assure sustained growth. Since 2013, the Mount Grace has been managing [...] The post Sustaining a legacy of caring appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsAug 18th, 2018

How to value stock growth expectations

Stock prices rise and fall based on expectations. When market expects earnings to grow, stock prices rise and when earnings disappoint, stock prices fall. Some stocks enjoy high price-to-earnings (.....»»

Category: newsSource:  philippinetimesRelated NewsAug 15th, 2018