Advertisements


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

Remittance growth eases to 6.1% in May 2018

Remittances from Filipinos abroad grew above six percent in May, helping boost the country’s thinning foreign exchange buffer against external shocks, the Bangko Sentral ng Pilipinas reported yesterday......»»

Category: financeSource:  philstarRelated NewsJul 16th, 2018

Factory output growth slows in May

Factory production expanded in May, the Philippine Statistics Authority (PSA) reported this morning. Preliminary results of the PSA’s Monthly Integrated Survey of Selected Industries (MISSI) showed that factory output, as measured by the volume of production index, went up annually in May by 19.8%. This was a reversal from the revised 0.6% decline in the […].....»»

Category: financeSource:  bworldonlineRelated NewsJul 5th, 2018

Credit growth eases as car lending slows

Credit growth eased in May amid slower increase in motor vehicle loans and salary-based general purpose consumption loans, the Bangko Sentral ng Pilipinas (BSP) reported yesterday......»»

Category: financeSource:  philstarRelated NewsJun 30th, 2018

Money supply growth slows down in April

MONEY SUPPLY continued to grow at the start of the second quarter although slightly slower than the previous month, even as bank lending accelerated, the Bangko Sentral ng Pilipinas (BSP) said in a statement released late Thursday. The post Money supply growth slows down in April appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsJun 1st, 2018

Long-term foreign investments in PH surge for second straight month

Short-term funds are flowing out due to better yields overseas, but don't tell that to long-term foreign investors who continue to plough their money into the Philippines on the back of what the central bank says is "confidence" in the local economy. In a statement, the Bangko Sentral ng Pilipinas said foreign direct investments posted a net inflow of $573 million in February 2018, representing an increase of 46.4 percent from year-ago level---the second consecutive month this year that showed strong investment inflows. This was due mainly to the 56.3-percent growth in investments in debt instruments, or intercompany borrowings between foreign direct investors and their subsidiarie...Keep on reading: Long-term foreign investments in PH surge for second straight month.....»»

Category: newsSource:  inquirerRelated NewsMay 10th, 2018

Net FDI inflows sustain growth, hit $573M in Feb

Net foreign direct investment (FDI) inflows grew by 46.4 percent to $573 million in February from a year earlier, the Bangko Sentral ng Pilipinas (BSP) reported on Thursday. The month’s result — lower than January’s $919 million — brought the year to date tally to $1.493 billion, up 52.6 percent year-on-year. “The sustained investment inflows [...] The post Net FDI inflows sustain growth, hit $573M in Feb appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 10th, 2018

Job-generating FDIs reach $573 million in February

Foreign direct investments to the Philippines surged in February on the back of growth in lending by foreign parents to their Philippine units, data released by the Bangko Sentral ng Pilipinas show......»»

Category: financeSource:  philstarRelated NewsMay 10th, 2018

Foreign direct investments surge by 46% in February

Foreign direct investments (FDI) posted $573 million net inflows in February this year, rising by 46.4% compared to the same period a year ago, the central bank reported on Thursday, May 10. In a press release posted on its website,  the Bangko Sentral ng Pilipinas cited the 56.3% growth in investments in debt instruments amounting to US$412 million. […] The post Foreign direct investments surge by 46% in February appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 10th, 2018

Q1 growth to disappoint as agriculture slows down — ING

The significant slowdown in agriculture may lead to disappointing gross domestic product growth in the first quarter, according to Dutch financial giant ING Bank......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2018

Agriculture growth slows to 1.47% in Q1

Agriculture growth slowed in the first quarter as fisheries output contracted and production gains eased in the crops and livestock sub-sectors, the government reported on Tuesday. The January-March result of 1.47 percent was lower than the 5.28 percent volume growth recorded a year earlier, the Philippine Statistics Authority (PSA) said. In value terms based on [...] The post Agriculture growth slows to 1.47% in Q1 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsMay 8th, 2018

Agri output growth slows in Q1

GROWTH in the country’s agricultural output slowed to 1.47% in the first quarter due to a marked deceleration in the expansion of the crops subsector, the biggest contributor to total production. A report released by the Philippine Statistics Authority on Tuesday showed farm output growth in the first three months of the year slowed from […] The post Agri output growth slows in Q1 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 8th, 2018

Cellphones Strongly Linked to Cancer -- New Study Reproduces Government Findings

In 2011 the International Agency for Research on Cancer (IARC) classified cellphones as a Group 2B “possible carcinogen,” and the evidence supporting the theory that electromagnetic field (EMF) radiation from cellphones can trigger abnormal cell growth and cancer just keeps growing and getting stronger. In February, the findings of two….....»»

Category: newsSource:  journalRelated NewsMay 4th, 2018

Metro Manila Q4 jobs growth slows

EMPLOYMENT growth among large Metro Manila firms slowed in the fourth quarter of 2017. In its latest quarterly Labor Turnover Survey, the Philippine Statistics Authority (PSA) said labor turnover in Metro Manila was 1.38% in the final three months of 2017, easing from the 3.36% logged in the comparable period in 2016. This means that […] The post Metro Manila Q4 jobs growth slows appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 27th, 2018