Traders and consumers less bullish in 4th quarter
Traders and consumers less bullish in 4th quarter.....»»
BSP finds businesses less bullish, consumers more pessimistic in Q4
EVEN the seasonal holiday cheer failed to lift investor and consumer spirits in this quarter, with confidence plummeting to multi-year lows as inflation continues to bite, according to findings of the central bank’s latest surveys......»»
Foreign traders upbeat on Philippine economy
MANILA, Philippines - Foreign businessmen are bullish on the economy this year despite citing some backslide in key sectors in the first quarter......»»
Consumers still bullish, though less than in 2016's fourth quarter
CONSUMERS remained optimistic for a third quarter in a row in 2017’s first three months, though less so than in 2016’s fourth quarter......»»
Traffic-weary urban dwellers fuel Honestbee growth in Philippines - ABS-CBN News
Traffic-weary urban dwellers fuel Honestbee growth in Philippines ABS-CBN News At the height of the gridlocks in the fourth quarter, consumers found that having groceries delivered was more cost effe.....»»
Boeing Bullish on 2019 Despite US-China Tensions
Boeing reported a strong fourth quarter on Wednesday and offered a bullish 2019 outlook as executives expressed measured confidence in the prospects for a US-China trade agreement. The US aerospace giant, which has been boosted by a multi-year plane building boom amid surging global air travel demand, reported fourth-quarter profits of $3.4 billion, up 3.1 percent from the same period a year ago. Revenues were $28.3 billion, up 14.4 percent. Several of the company's financial figures were company records, including annual revenues topping $100 billion for the first time at $101.1 billion. Shares rallied on the report and 2019 forecast, which anticipates much higher ...Keep on reading: Boeing Bullish on 2019 Despite US-China Tensions.....»»
Consumer, business optimism dips on inflation, hikes
Filipino consumers and businesses turned less optimistic in the fourth quarter of the year due to the economic slowdown in the third quarter as well as elevated inflation leading to higher interest rates, the Bangko Sentral ng Pilipinas (BSP) reported yesterday......»»
DTI Sees Prices of Goods Easing in Q1 2019
Trade Secretary Ramon Lopez expects prices of goods to continue to decline in the first quarter of 2019 due to the decreasing oil prices and strengthening of the Philippine peso. Lopez said although prices have decreased following the easing of inflation rate at 6 percent last month, consumers may start to feel the decline in […].....»»
DTI Assures to Take Steps Against Dummies
The Department of Trade and Industry (DTI) has assured stakeholders it will take steps to address unscrupulous alien traders in the country. Consumers have observed that registered stall owners such as in Cogon market in Cagayan de Oro City are just dummies of illegal alien entrepreneurs i.e. Chinese and Koreans. A number of businesses are […].....»»
6.1% Q3 GDP growth slowest in 3 yrs
Due to high prices, many consumers cut down on their purchases of food, among other essential items, hence tempering a major booster to the Philippine economy and slowing overall economic growth to a three-year low of 6.1 percent year-on-year in the third quarter. "We are not exactly exuberant about the 6.1-percent growth rate, but comforted that we remain one of the fastest-growing economies in Asia, next to Vietnam at 7 percent, China at 6.5 percent, and way ahead of Indonesia at 5.2 percent," Socioeconomic Planning Secretary Ernesto M. Pernia said in a press conference yesterday. The gross domestic product (GDP) expansion during the first nine months of the y...Keep on reading: 6.1% Q3 GDP growth slowest in 3 yrs.....»»
Think tank sees slower 5.8% GDP growth in Q3
London-based Capital Economics expects Philippine economic growth to have slowed down to 5.8 percent in the third quarter as rising inflation likely eroded the spending power of consumers......»»
Inflation jumps 6.2 percent in Q3 — BSP
Less than three months left in 2018 and Filipino consumers and businesses are bracing for higher prices, according to a new report by the Bangko Sentral ng Pilipinas that also showed inflation sustaining its ascent in the third quarter......»»
Consumers urged to fight for rights as DTI warns traders
CONSUMERS should stand up for their rights amid the increasing prices of goods, an advocacy group said on Tuesday, as the Department of Trade and Industry reminded store owners to implement its suggested retail prices (SRP). In an interview with dzBB, Victor Dimagiba, president of Laban Konsyumer Inc., said that consumers have rights when it [...] The post Consumers urged to fight for rights as DTI warns traders appeared first on The Manila Times Online......»»
Protecting Filipino consumers
“The government can only do so much. It is we, the consumers, who possess the power to ensure that the products we buy are of the right quality and that the stores and traders remain fair and responsive to us, their customers. Over the past few decades, the unprecedented integration of economies on a global […].....»»
Consumers turn gloomy over Philippine economy in Q3 2018
MANILA, Philippines – Consumer confidence on the economy dipped to negative territory at -7.1% during the 3rd quarter, as prices of goods shot up in 2018. The latest Consumer Expectation Report by the Bangko Sentral ng Pilipinas (BSP) revealed the confidence index (CI) dived to ........»»
Consumers turn pessimistic for Q3 — BSP
FILIPINO CONSUMERS turned pessimistic on the outlook of the economy in the third quarter as they expect commodity prices to continue to rise in the near term, according to the Bangko Sentral ng Pilipinas (BSP). The post Consumers turn pessimistic for Q3 — BSP appeared first on BusinessWorld......»»
Economy slows down to 6% in second quarter of 2018
As consumers grappled with rising prices, economic growth slowed down to six percent in the second quarter of the year from figures recorded in the previous quarter and in the same period last year......»»
PLDT stays upbeat despite profit dip
Telco giant PLDT Inc. remains bullish about its continued recovery even after net earnings fell by over a quarter in the first half......»»
Gov’t call for intensified price monitoring only an ’empty gimmickry’ — Gabriela
After the Department of Trade and Industry (DTI) and Department of Agriculture's (DA) announcement to intensify price monitoring among retailers, Gabriela Women's Party accused the government of attempting "to make an impression that it is doing something" amid price hikes. "The truth is, the Duterte regime only wants to make an impression that it is doing something on rising prices amid mounting complaints by mothers and consumers when what it is really doing is to just watch prices soar," Gabriela Representative Emmi de Jesus said on Wednesday in a statement. "With their empty gimmickry, DTI and DA are shifting the blame on small traders who are also affected by rising prices and...Keep on reading: Gov’t call for intensified price monitoring only an ’empty gimmickry’ — Gabriela.....»»
From bullish to bearish
Traders must be scratching their heads in frustration......»»
Filipino consumers more optimistic for Q2
MORE Filipinos grew optimistic for the second quarter amid perceived improvement in peace and order, and bigger incomes, the Bangko Sentral ng Pilipinas (BSP) reported on Friday. The post Filipino consumers more optimistic for Q2 appeared first on BusinessWorld......»»