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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

NEDA chief sees 2015 growth at 6% despite typhoons

By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government is optimistic about achieving its target economic growth of 6.9 percent in the fourth quarter despite the devastation wrought by typhoons,........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

Moody’s Analytics sees below 5 percent GDP in Q4

Philippine economic growth likely slowed to below five percent in the final quarter of 2023 on the back of softer global economic growth, according to Moody’s Analytics......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Security Bank sees 5.8 percent economic growth in Q4

Security Bank Corp. believes the Philippine economy grew by 5.8 percent in the fourth quarter last year, bringing the full-year gross domestic product growth to 5.6 percent in 2023......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

SM conglomerate optimistic on growth prospects for 2024

Conglomerate SM Investments Corp. of the Sy family is cautiously optimistic for 2024, but remains committed to stay on growth mode after solid contributions from its core businesses and higher earnings contribution from portfolio investments, which lifted earnings by a quarter to P77 billion in 2023......»»

Category: financeSource:  philstarRelated NewsMar 1st, 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

Citicore Renewables officially moves IPO to next quarter

Citicore Renewable Energy Corp. gave notice to the exchange that it “decided to adjust the indicative date of the Offer from March 2024 to the 2nd quarter of 2024.”.....»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Destination wedding nila ni Bea ug Dominic dayon sa 2nd quarter sa 2024

Mahitabo na sa second quarter sa 2024 ang bongga og gikahinaman nga kasal nila ni Bea Alonzo ug Dominic Roque. Sey pa ni Dominic nga dream destination kuno ang mamahimong tema sa ilang kasal ni Bea, pasabot niana nga sa laing lugar kini mahitabo. Gi-karir na kuno pag-ayo nila ni Bea ang mga wedding preparations.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Destination wedding nina Bea at Dominic tuloy na sa 2nd quarter ng 2024

KUMPIRMADO nang sa second quarter ng 2024 magaganap ang bongga at inaabangang kasal nina Bea Alonzo at Dominic Roque. Ayon kay Dominic, ang napagdesisyunan nila ng kanyang fiancée ay isang destination wedding, meaning sa ibang bansa ito mangyayari. Kinakarir na raw nila ngayon ni Bea ang wedding preparation at nasa proseso pa rin ng pagkumpleto.....»»

Category: newsSource:  inquirerRelated NewsJan 25th, 2024

Think tank sees likelihood of BSP rate cuts starting Q2

The Bangko Sentral ng Pilipinas is expected to start cutting interest rates in the second quarter following the economic growth posted last year, according to UK-based think tank Pantheon Macroeconomics......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Recto sees ‘realistic’ 6-6.5 percent growth for Philippines

Finance Secretary Ralph Recto is looking at a “more realistic” economic growth of at least six to 6.5 percent for this year, with medium-term economic expansion likely to be tempered as well......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

UBS sees 2-digit credit growth for Philippines banks

Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Filinvest sees sustained growth this year

Filinvest Development Corp. (FDC) plans to bolster its presence in the infrastructure space this year as the group gears up for sustained growth......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

BPI sees stronger credit growth

Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Monde Nissin sees sales, earnings growth in 2023

Monde Nissin Corp., the listed snack foods giant, expects core net income to have grown by mid-teens for 2023 with sales expected to have hit a high single-digit year-on-year growth......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Banks see higher loan demand in Q2

Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»

Category: financeSource:  philstarRelated News4 hr. 5 min. ago

Banks expect higher consumer, corporate loan demand in Q1

Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Economy likely grew by 6.2 percent in Q4

The Philippine economy likely posted a faster growth rate in the fourth quarter of 2023 than in the third quarter, supported by gains in the labor market, according to an economist......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Mavy Legaspi sees no problem with Darren Espanto, Kyline Alcantara shipping

Kapuso actor Mavy Legaspi sees no problem with former love team partner Kyline Alcantara being "shipped" or teased with Darren Espanto......»»

Category: entertainmentSource:  philstarRelated NewsApr 15th, 2024

‘Long ways to go’: Cone still sees room for improvement after Gilas rout

Coach Tim Cone sees both the good and the bad in Gilas Pilipinas' 30-point demolition of Hong Kong at the start of the FIBA Asia Cup Qualifiers.....»»

Category: newsSource:  rapplerRelated NewsFeb 23rd, 2024