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Remittance growth slows to 5.4% in February

Remittances from Filipinos overseas grew by a slower 5.4 percent to $2.53 billion in February from $2.39 billion in the same month last year, the Bangko Sentral ng Pilipinas reported yesterday......»»

Category: financeSource: philstar philstarApr 16th, 2018

Remittance growth slows in February

Remittance growth slows in February.....»»

Category: newsSource:  manilatimes_netRelated NewsApr 17th, 2017

HSBC: Remittance growth likely steady at 4.5% in March

Money sent home via banks by migrant Filipinos likely posted steady growth in March, banking giant HSBC said. “We expect March remittances to rise 20.5 percent month-on-month, after two straight months of sequential contraction. This would lead to a rise of 4.5 percent year-on-year . . . ,” HSBC said. February also saw a 4.5-percent [...] The post HSBC: Remittance growth likely steady at 4.5% in March appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsMay 14th, 2018

Factory output growth slows in March

Industrial production grew 13.6% in March, the Philippine Statistics Authority (PSA) reported this morning. Preliminary results from the PSA’s Monthly Integrated Survey of Selected Industries (MISSI) showed that March factory output — as measured by the Volume of Production Index (VoPI) — was slower than the 23.7% reported in February but was faster than the […] The post Factory output growth slows in March appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 4th, 2018

M3 expands anew; bank lending slows

Money supply growth accelerated in March amid a slower expansion in bank lending, the Bangko Sentral ng Pilipinas (BSP) reported on Monday. Domestic liquidity or M3 expanded by 14.4 percent year on year to P10.918 trillion, faster than February’s 13.5 percent. Month-on-month and seasonally adjusted, M3 increased by 1.3 percent. “The overall pace of growth [...] The post M3 expands anew; bank lending slows appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsApr 30th, 2018

Remittance growth slowest in 3 months

By Melissa Luz T. Lopez Senior Reporter OVERSEAS FILIPINO workers (OFWs) sent more money home in February than a year ago even as it was the smallest increase in three months, the central bank reported on Monday. Such remittances totalled $2.267 billion for the month, up 4.5% from the $2.169-billion inflows tallied in February 2017, […] The post Remittance growth slowest in 3 months appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 16th, 2018

Feb. in deficit but spending growth slows

THE GOVERNMENT saw its fiscal balance swing to a deficit in February that was nevertheless narrower than the year-ago gap, even as spending growth slowed, according to latest data from the Treasury bureau......»»

Category: newsSource:  bworldonlineRelated NewsApr 20th, 2017

Front Page: Feb. in deficit but spending growth slows

THE GOVERNMENT saw its fiscal balance swing to a deficit in February that was nevertheless narrower than the year-ago gap, even as spending growth slowed, according to latest data from the Treasury bureau......»»

Category: financeSource:  bworldonlineRelated NewsApr 20th, 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

M3 growth slows, bank lending up in October | The Manila Times Online

Money supply growth slowed in October despite increased bank lending, theBangko Sentral ng Pilipinas (BSP)reportedon Thursday. Domestic liquidity or M3 expanded by 8.2 percent year-on-year to P11.140.....»»

Category: newsSource:  manilanewsRelated NewsNov 30th, 2018

M3 growth slows, bank lending up in October

Money supply growth slowed in October despite increased bank lending, the Bangko Sentral ng Pilipinas (BSP) reported on Thursday. Domestic liquidity or M3 expanded by 8.2 percent year-on-year to P11.140 trillion, slower than…READ The post M3 growth slows, bank lending up in October appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsNov 30th, 2018

Alibaba hits another Singles Day record but growth slows

SHANGHAI, China – Chinese e-commerce giant Alibaba filled a record $30.7 billion in orders on Sunday, November 11, during its annual "Singles Day" shopping frenzy, but growth slowed from previous years. The world's biggest 24-hour shopping event, celebrating its tenth year, kicked off early Sunday and once again shattered its ........»»

Category: newsSource:  rapplerRelated NewsNov 12th, 2018

Stocks end flat as GDP growth slows

The stock market closed flat yesterday after the slower-than-expected third quarter economic growth of 6. 1 percent in the third quarter......»»

Category: financeSource:  philstarRelated NewsNov 8th, 2018

Economic growth slows down to 6.1%

Economic growth slows down to 6.1%.....»»

Category: newsSource:  cnnphilippinesRelated NewsNov 8th, 2018

Money supply expansion slows in September 2018

The growth in domestic money supply decelerated in September amid a slowdown in bank lending expansion, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsNov 1st, 2018

China’s growth slows, officials reassure investors

BEIJING — China reported economic growth sank to a post-global crisis low as finance officials launched a media blitz Friday to shore up confidence in its sagging stock market. Growth in the quarter that ended in September slipped to 6.5 percent over a year earlier from the previous quarter’s 6.7 percent, official data showed. It […].....»»

Category: newsSource:  tribuneRelated NewsOct 19th, 2018

Pace of dollar remittance growth continues to ease; up 2.4% in Jan-Aug 2018

The amount of dollars sent home by expatriate Filipinos rose further in the first eight months of the year, but data from the Bangko Sentral ng Pilipinas (BSP) also showed a worrisome trend of tapering growth in recent months for remittances, a key leg of the country's economy. In a statement, BSP Deputy Govenor Cyd Tuao-Amador said personal remittances from overseas Filipinos increased by 2.4 percent year-on-year to reach $21.2 billion in the first eight months of 2018. The central bank's data revealed that the monthly rise in the cumulative amounts of remittances this year have been moderating, compared to monthly data for the same periods last year --- a phenomenon which the cen...Keep on reading: Pace of dollar remittance growth continues to ease; up 2.4% in Jan-Aug 2018.....»»

Category: newsSource:  inquirerRelated NewsOct 15th, 2018

August factory output growth slows

MANUFACTURING output continued to expand in August albeit at a slower pace compared to a month earlier, the Philippine Statistics Authority (PSA) reported last Friday. The post August factory output growth slows appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsOct 5th, 2018

Peso weakens versus dollar

THE PESO weakened against the dollar on Monday as it slipped back to the P54 level due to the continued trade spat between the United States and China and amid stronger-than-expected remittance growth. The post Peso weakens versus dollar appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsSep 17th, 2018

Factory output growth slows in July

The country’s manufacturing activity sustained its double-digit growth pace for the seventh straight month in July, but was slower compared to a year ago, the government reported this morning. Preliminary results from the Philippine Statistics Authority showed factory output, as measured by the Volume of Production Index, increasing 11.8% year on year in July, slower… link: Factory output growth slows in July.....»»

Category: newsSource:  manilainformerRelated NewsSep 5th, 2018

Money supply growth slows in July

GROWTH of money supply eased to its slowest pace in nearly three years in July amid smaller reserves held by the Bangko Sentral ng Pilipinas (BSP), even as bank lending accelerated in the same month. The post Money supply growth slows in July appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 31st, 2018