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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

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

Gov t cuts growth target to 6%-7% — NEDA

In a press briefing with the members of the press on Thursday, Balisacan said that the country's economic growth target had been revised following a careful consideration of factors such as the global economic slowdown, rising oil prices and inflation trends......»»

Category: financeSource:  philstarRelated NewsApr 4th, 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

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

Quick rollout of PPPs to boost economic growth

The rollout of more infrastructure projects that involve the private sector is expected to prop up economic growth with the government likely to make up for its lagged spending last year, according to banking giant UBS......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

‘Philippine banks to ride wave of robust economic growth’

The projected robust economic growth this year could shape up into a better year for Philippine banks, S&P Global Ratings said......»»

Category: financeSource:  philstarRelated NewsJan 30th, 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

Government sticks to 6.5-7.5 percent growth target for 2024

Despite global and domestic headwinds, the government is still aiming to attain a 6.5 to 7.5 percent economic growth for this year, according to National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Xinhua world economic news summary at 0830 GMT, Jan. 18

DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»

Category: newsSource:  manilanewsRelated NewsJan 18th, 2024

Why the Next iPad Pro Will Replace My 2018 Model

The Daily Guardian- A tech-savvy writer typically known for upgrading devices often has surprised many by sticking with his 2018 iPad Pro for nearly six.....»»

Category: newsSource:  thedailyguardianRelated NewsMay 2nd, 2024

Honoring a Philippine Human Rights Icon - Human Rights Watch

Click to expand Image Human rights lawyer and former senator Rene Saguisag holds a copy of a book about the martial law period in the Philippines while describing his ordeal in detention, Manila, September 26, 2018. 2018 Bullit Marquez-AP Photo The Philippines on April 23 lost a human rights stalwart. Rene Saguisag, a human rights lawyer and former senator, defended victims of abuses during the Ferdinand Marcos dictatorsh.....»»

Category: newsSource:  manilanewsRelated NewsApr 26th, 2024

Most Read Apr 26, 2018 – 01:29 PM

Most Read as of Apr 26, 2018 – 01:29 PM SC to announce 2017 bar exam results at 1:15 p.m. on Thursday 25.5% of 6,750 pass Bar Exam 2017 University of St. La Salle alum tops Bar Exam 2017 Sotto bares initial list of Senate bets NPC will endorse in 2019 Sunshine Dizon explains why.....»»

Category: newsSource:  inquirerRelated NewsApr 10th, 2024

Latest Stories as of Apr 26, 2018 – 01:42 PM

Latest Stories as of Apr 26, 2018 – 01:42 PM FULL LIST: 2017 Bar examination passers Marvel Studios’ ‘Avengers: Infinity War’ nabs P141.6-M on opening day in the PH Moira Dela Torre speaks up about relationship and reunion with dad Tight security at ports as exodus out of Boracay begins US Embassy hosts drug treatment.....»»

Category: newsSource:  inquirerRelated NewsApr 10th, 2024

PSE has until 2025 to spend money it raised in 2018

The PSE disclosed that its board of directors voted to approve an extension of the timeline for its disbursement of the P2.8 billion in net proceeds that it raised through a 2018 stock rights offering......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Mapúa MCM celebrates standard of quality education with certification of ISO 21001:2018

Mapúa MCM celebrates standard of quality education with certification of ISO 21001:2018.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

East Asia and Pacific to see moderate growth

The East Asia and the Pacific region is expected to have moderate growth this year amid headwinds from tight financial conditions and geopolitical rifts, according to a new report from the World Economic Forum......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

WPS tension: Chinese vessel blocks PH research ship

A China Coast Guard (CCG) vessel again made “dangerous maneuvers” on Thursday and tried to block a Philippine fishery vessel carrying marine scientists conducting research in the West Philippine Sea or WPS. Commodore Jay Tarriela, Philippine Coast Guard (PCG) spokesperson for the WPS, told a press briefing on Friday that CCG vessel 5204 crossed the.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

Netizens share thoughts on controversial resort in Bohol’s Chocolate Hills

  CEBU CITY, Philippines— Just May of last year, Bohol Island was named as the Philippines’ first UNESCO Global Geopark. With the thriving agriculture and fishery industry on the island, it is no surprise that this tiny island in Central Visayas will somehow make its mark on the bigger league. Bohol has been the home.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024