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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......»»
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.....»»
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.....»»
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......»»
Rizal Xentro Mall rolls; Pampanga bounces back
Rizal Xentro Mall sustained its strong start with a 71-69 dumping of Muntinlupa last Monday in the MPBL Sixth Season at the Ynares Center in Antipolo City......»»
BDO profit climbs to P18.5 billion in Q1
The net income of BDO Unibank Inc. rose by 12.2 percent to P18.5 billion in the first quarter from P16.5 billion in the same period last year on the back of sustained growth across its core businesses......»»
Philippines needs to accelerate investments — World Bank
The Philippines will need to see a sustained increase in investments to achieve higher economic growth, according to the World Bank......»»
Property prices slow in Q4
The growth in property prices has been sustained for 10 straight quarters, albeit at a slower pace in the fourth quarter last year, according to the Bangko Sentral ng Pilipinas......»»
DigiPlus earnings surge last year
Digital entertainment group DigiPlus Interactive Corp. reported a sharp 596-percent increase in profit to P4.1 billion in 2023 on the back of sustained growth of its digital retail segment following the introduction of new platforms......»»
Xinhua world economic news summary at 0830 GMT, Feb. 7
MANILA -- The performance of manufacturing production in the Philippines sustained its growth in December 2023, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased by 2.6 percent and 2 percent in December, respectively. (Philippines-Manufac.....»»
Vehicle sales exceed 2023 target
Vehicle sales surpassed the industry’s target last year, registering a 21.9 percent growth amid sustained consumer demand and improved supply conditions......»»
PLDT guns for share of PVL lead, tests winless Strong Group
PLDT aims to reclaim a share of the lead with Choco Mucho as the former tackles Strong Group Athletics Tuesday in the Premier Volleyball League All-Filipino Conference at the PhilSports Arena......»»
PLDT guns for share of PVL lead, tests winless Strong Group
PLDT aims to reclaim a share of the lead with Choco Mucho as the former tackles Strong Group Athletics Tuesday in the Premier Volleyball League All-Filipino Conference at the PhilSports Arena......»»
Cotabato: Strong winds, heavy rains destroy 85 houses
COTABATO CITY — In Cotabato province, heavy rains and strong winds that battered Kabacan town amid excruciating heat on Maundy Thursday left 85 houses destroyed, the local disaster office said. Kabacan Mayor Evangeline Pascua-Guzman said four villages were hardest hit by the heavy downpour and what locals believed was mild tornado that started at about.....»»
Pope, looking strong, washes feet of 12 women at Rome prison from his wheelchair
Pope, looking strong, washes feet of 12 women at Rome prison from his wheelchair.....»»
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......»»
Chery Tiggo tests Strong Group Athletics; Creamline, Cignal see action
Chery Tiggo guns for the solo lead as it tackles Strong Group Athletics even as defending champion Creamline and title contender Cignal take the floor against Farm Fresh and Akari, respectively, Saturday in the Premier Volleyball League All-Filipino Conference at the Smart Araneta Coliseum......»»
Nvidia exceeds expectations with strong results and forecasts as China sales decline significantly
Nvidia (NVDA) Exceeds Expectations with Strong Fourth-Quarter Earnings Graphics chip giant Nvidia (NVDA) has reported fourth-quarter earnings that surpassed analysts’ expectations, both on the top.....»»
Harsh welcome: Petro Gazz, Chery Tiggo school PVL newcomers Strong Group, Capital1
PVL veteran squads Petro Gazz and Chery Tiggo show no letup to start the 2024 All-Filipino Conference, respectively drubbing league debutants Strong Group and Capital1 in dominant sweeps.....»»
Bunye: Expectation of strong domestic bond market in 2024
Bunye: Expectation of strong domestic bond market in 2024.....»»