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Double-digit growth in bank lending seen this year

The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»

Category: newsSource:  philstarRelated NewsJan 19th, 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

CitySavings Named One of the 2024 Philippines’ Growth Champions

City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions.  The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»

Category: newsSource:  metrocebuRelated NewsMar 8th, 2024

Saso, Pagdanganan open bid in Women s World tilt

Yuka Saso and Bianca Pagdanganan expect to rebound with strong performances in the Women’s World Championship after coming up short to post at least a Top 15 finish in last week’s Honda LPGA Thailand......»»

Category: sportsSource:  philstarRelated NewsFeb 28th, 2024

Stocks rebound on encouraging GDP numbers

Local stocks rebounded from a two-day slump after Philippine economic growth was reported at 5.6 percent yesterday......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

BSP seen to cut rates by 100 bps this year

The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation could support the growth of the country’s banking sector in the next two years, Fitch Ratings said......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Strong El Niño to end this month – Pagasa

The strong El Niño is seen to end this month, but state meteorologists warned the public that its adverse effects may continue to be felt until May......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

India, Philippines have seen very perceptible growth in recent times: Jaishankar

Manila [Philippines], March 26 (ANI): Hailing ties between India and the Philippines, External Affairs Minister S Jaishankar, who is on a visit to the Philippines on Tuesday, said that ties between Delhi and Manila have witnessed a very perceptible growth in recent times. Addressing a joint press briefing with Philippine Secretary of Foreign Affairs Enrique Manalo, Jaishankar said, "As you all know, India's ties with the.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

Philippines-Australia business deals seen to fuel economic growth

The business deals signed recently between the Philippines and Australia will help ensure economic growth and security in the Philippines, an international think tank said......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Rate cut seen to boost growth

The much anticipated monetary policy easing will bolster the country’s economic expansion, but the growth will still be below targets amid risks stemming from the impact of El Niño, according to Sun Life Investment Management and Trust Corp.......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Philippines lodges strong protest with China over water cannon attack in disputed South China Sea

Manila [Philippines], March 25 (ANI): In the wake of accusation by the Philippines that the Chinese Coast Guard wounded three of its soldiers during a water cannon attack in the disputed South China Sea, Manila on Monday summoned Beijing's envoy to lodge its strong protest, Al Jazeera reported. The Philippines Department of Foreign Affairs, in a statement said that Manila conveyed its "strong protest against the aggressiv.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

Philippines lodges strong protest with China over water cannon attack in disputed South China Sea

Manila [Philippines], March 25 (ANI): In the wake of accusation by the Philippines that the Chinese Coast Guard wounded three of its soldiers during a water cannon attack in the disputed South China Sea, Manila on Monday summoned Beijing's envoy to lodge its strong protest, Al Jazeera reported. The Philippines Department of Foreign Affairs, in a statement said that Manila conveyed its "strong protest against the aggressiv.....»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

DM Wenceslao posts strong 2023 results

Integrated property developer D.M.Wenceslao and Associates Inc. expects sustained growth this year after capping off 2023 with strong financial performance......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

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

Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024

MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024

MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»

Category: newsSource:  manilanewsRelated NewsJan 26th, 2024

Cignal seeks to rebound, clashes with Farm Fresh

Cignal eyes to reclaim its lost bearing and its old spot in the magic four as it tangles with an unpredictable Farm Fresh Thursday in the Premier Volleyball League All-Filipino Conference at the PhilSports Arena......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Geopolitics, rate cut delays could spoil IPO rebound in 2024

Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Angels rebound, Crossovers roll on

Petro Gazz and Chery Tiggo carved out contrasting wins over Capital1 Solar Energy and Nxled, respectively, and stayed in the thick of the fight for the semifinals of the Premier Volleyball League All-Filipino Conference at the PhilSports Arena last night......»»

Category: sportsSource:  philstarRelated NewsMar 27th, 2024

Go bounces back at Palos Verdes with 72

Lois Kaye Go, determined to rebound from a lackluster pro debut last week, did spring back at Rancho Palos Verdes here, seizing a one-stroke lead over Chihiro Ikeda with a 72 after 18 holes of the ICTSI Palos Verdes Championship......»»

Category: sportsSource:  philstarRelated NewsMar 19th, 2024