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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......»»

Category: financeSource:  philstarRelated NewsApr 11th, 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:  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

WVSUMC breaks ground for P2.57 billion expansion project

WVSUMC breaks ground for P2.57 billion expansion project.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 25th, 2024

Sara Duterte thanks Marcos for continued trust

Sara Duterte thanks Marcos for continued trust.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

US supports expansion of responsible seafood sourcing in Iloilo

US supports expansion of responsible seafood sourcing in Iloilo.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

AGI rides tourism boom with hotel expansion

Alliance Global Group Inc. (AGI), the holding company of tycoon Andrew Tan, is bolstering its presence in the hospitality sector with the continuing expansion of its hotel operations in the coming years......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

ICTSI remains on expansion mode even as risks abound

Ports tycoon Enrique Razon Jr. is keeping an eye out for expansion opportunities in four regions as the billionaire indicated he has no plans of standing idle even in the face of emerging risks......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

China Bank Savings profit hits record high in 2023

The thrift banking arm of Sy-led China Banking Corp. booked a record high net income of P1.85 billion in 2023 amid the continued expansion in customer base and loans......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

Lawmaker backs calls vs motorcycle taxi expansion

An official of the House of Representatives committee on Metro Manila development has joined calls against the expansion of the pilot testing of motorcycle taxis in the National Capital Region......»»

Category: newsSource:  philstarRelated NewsApr 6th, 2024

Japan firm starts P2.3 billion Subic expansion

Japanese company Sanyo Denki Philippines, Inc. has started its P2.3-billion expansion project at the Subic Techno Park......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Sanyo Denki opens P2.3-B expansion project in Subic

Sanyo Denki opens P2.3-B expansion project in Subic.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

China: PH is ‘straying down a dangerous path’

MANILA, Philippines — China continued to blame the Philippines and its ally, the United States, for the continued tensions in the disputed West Philippine Sea. In a statement on Thursday, Chinese Ministry of National Defense spokesperson Wu Qian warned that the Philippines is going down a dangerous path. READ: No letup in Chinese water cannon attacks.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

Stop motorcycle taxi expansion, Marcos urged

Various transport groups yesterday appealed to President Marcos to stop the expansion of motorcycle taxis in Metro Manila amid the impending decision of the Land Transportation Franchising and Regulatory Board o authorize several companies as players in the pilot study......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Wilcon ramps up expansion to hit 100-store goal this year

Home improvement and construction supplies retailer Wilcon Depot Inc. is ramping up its expansion this year to hit its 100-store target......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

ICTSI on expansion mode; raises capex to $450 million

International Terminal Services Container Inc. has raised its capital expenditures to $450 million this year to pursue new expansion projects......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Envi group raises concern over Aboitiz coal expansion in Cebu

Envi group raises concern over Aboitiz coal expansion in Cebu.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

DBP lends P116 million for swine farm expansion

State-owned Development Bank of the Philippines said it extended a P116-million loan for the expansion of a swine farm project in Nueva Ecija to boost the government’s hog repopulation efforts......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

DALI gears up for expansion

The newest challenger in the local retail market, DALI Everyday Grocery, is giving retail giants a run for their money as it gears up for further expansion in a bid to reach more Filipino consumers whose pockets are hurting from high commodity prices......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024