Analysts paint rosier economic picture for 2024
The country’s strong economic growth is likely to be sustained this year on the back of rising exports and robust private consumption, according to the Department of Trade and Industry as well as private banks......»»
PH Economy Remains Optimistic Amid Global Slowdown
The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»
NEDA Chief: More reforms needed to unlock full benefits of Cha-cha
MANILA, Philippines —Socioeconomic Planning Secretary Arsenio Balisacan on Saturday reiterated his support for the proposed amendments particularly to the restrictive economic provisions of the Constitution. Those changes, the National Economic and Development Authority (Neda) chief said in a statement, are crucial for the economic advancement and competitiveness of the Philippines. Balisacan issued the statement to.....»»
Extreme weather, economic downturn top risks for Philippines – WEF
Extreme weather events, an economic downturn and shortage in energy supply are the top risks seen in the Philippines for the next two years, according to the World Economic Forum......»»
‘No risk of political reform in economic Cha-cha’
Apprehensions over possible insertion of political reforms like lifting of term limits for elected officials are misplaced since the ongoing economic Charter change in Congress covers only economic provisions, according to former Supreme Court justice Adolfo Azcuna......»»
‘Now is best time for PAL to sell’
This is the best time for flag carrier Philippine Airlines (PAL) to sell a portion of the company, as investors are attracted to buy into it with travel and tourism picking up momentum, according to analysts......»»
Economic Cha-cha to boost FDI – BSP
Amending the restrictive economic provisions in the 1987 Constitution will likely attract more foreign investments in the country and stimulate economic growth, according to the Bangko Sentral ng Pilipinas......»»
Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief
INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»
Charter change: Only the economic provisions should be included
So much controversy is being unnecessarily generated with this Charter change issue but in reality, changes to the overly protectionist economic provisions in the 1987 Constitution should be debated upon because it hinders the country from realizing its full economic potential......»»
Analysts expect inflation at around 3.8% for March
A BusinessWorld poll of 17 Philippine economists on March inflation rate projections revealed a median of 3.8%, with a high of 4.1% and a low of 3.5%......»»
March inflation may pick up amid high food prices
Inflation likely accelerated for the second straight month in March, mainly driven by high rice prices, prompting the Bangko Sentral ng Pilipinas (BSP) to keep borrowing costs unchanged at its next policy review in April, analysts said......»»
Will DAU get SkyCable at his price?
Dennis Anthony Uy of Converge ICT may be playing coy now about his interest in SkyCable, but according to industry analysts who have been watching Converge’s aggressive push for its fiber optic network, Converge and SkyCable are the perfect fit......»»
Why did Sara retract her EDSA message? Camp explains why, but it’s not for public dissemination
Was it the Vice President's way of showing that she was still on the same page as the President amid the repeated observation of political analysts that the Uniteam alliance has crumbled?.....»»
Falcons Morris supports Cousins – No QB controversy with Penix
The Atlanta Falcons shocked fans and analysts alike in the first round of the NFL draft by selecting quarterback Michael Penix Jr. with the No......»»
Maybe no Fed rate cuts in FY24?
A recent CNBC article captured the growing concern that the US Federal Reserve’s first rate cut – the infamous “pivot” – might not happen until “at least September”, and discusses a few analysts (including those from Bank of America) who have said that there is “real risk” that the first cut might not even come until March 2025......»»
BSP seen to stand pat on policy rates anew
The Bangko Sentral ng Pilipinas is likely to keep interest rates steady today as prices may continue to remain elevated this quarter, but analysts said the central bank may have room to be less hawkish amid easing inflationary pressures......»»
Revisiting Uniteam (Last of 2 parts)
THE Uniteam coalition of President Ferdinand "Bongbong" Marcos Jr. and Vice President Sara Duterte, described by many political analysts as the "dream team", had come a long way since sweeping the 2022 elections......»»
Interesting nuggets from AREIT’s analyst briefing
AREIT held an analyst briefing, and as these things usually go, the AREIT management team took questions from analysts at the end......»»
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.....»»
Indonesia s Prabowo Likely to Keep Close Ties With China
Taipei, Taiwan - Defense Minister Prabowo Subianto, once a fierce critic of China, has emerged as the likely winner of Indonesia's presidential election. His presumed victory, analysts say, is unlikely to lead to any major shifts in the Southeast Asian nation's relations with Beijing.However, concerns about work safety and environmental pollution linked to Chinese investments, as well as Beijing's claims in the.....»»
Indonesia s Prabowo Likely to Keep Close Ties With China
Taipei, Taiwan - Defense Minister Prabowo Subianto, once a fierce critic of China, has emerged as the likely winner of Indonesia's presidential election. His presumed victory, analysts say, is unlikely to lead to any major shifts in the Southeast Asian nation's relations with Beijing.However, concerns about work safety and environmental pollution linked to Chinese investments, as well as Beijing's claims in the.....»»