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Small businesses may make up 60% of Philippines GDP – Visa

Small businesses in the Philippines may produce as much as 60 percent of the country’s gross domestic product (GDP) if financial institutions and the government could help the sector grow in the coming years, according to global digital payments platform Visa......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

PSA to announce Q4 GDP figure today at 10 a.m.

The Philippine Statistics Authority (PSA) will announce its data on the Q4 GDP number at 10 a.m. this morning......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

World Bank downgrades Philippine GDP projections for 2024 and 2025

The World Bank downgraded its GDP projections for the Philippines in 2024 and 2025 due to “various headwinds facing private investment”, like the effects of higher interest rates and “rising indebtedness.”.....»»

Category: financeSource:  philstarRelated NewsJan 11th, 2024

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%......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Comelec: Contingency plans in place for 2025 poll machines

Amid lone bidder Miru Systems’ history of problematic vote counting machines abroad, the Commission on Elections gave assurance that contingency measures are in place to ensure the successful procurement of automated poll machines for the 2025 midterm elections......»»

Category: newsSource:  philstarRelated NewsJan 10th, 2024

SC asks Senate to comment on Quiboloy petition

The Supreme Court has asked the Senate to file their comment on the petition filed by the camp of doomsday preacher Apollo Quiboloy assailing the legality of the chamber's warrant of arrest against him......»»

Category: newsSource:  philstarRelated NewsApr 17th, 2024

Jake Ejercito reacts to netizen s comment on his alleged silence during Andi Eigenmann-Albie Casiño issue

Jake Ejercito responded to an online user's comment about him being mum at the height of the issue between his ex-girlfriend Andi Eigenmann and actor Albie Casiño. .....»»

Category: entertainmentSource:  philstarRelated NewsMar 31st, 2024

7/11 no comment on UST photo fiasco

“We have no comment on this matter. We remain focused on providing convenience to our customers,” Philippine Seven Corporation, the firm which runs the convenience store 7/11 said......»»

Category: newsSource:  philstarRelated NewsFeb 24th, 2024

Rama shrugs off Daluz’s comment, says sorry he’s still mayor

Rama shrugs off Daluz’s comment, says sorry he’s still mayor.....»»

Category: newsSource:  sunstarRelated NewsFeb 22nd, 2024

Jericho unang-unang nag-comment sa life updates ni Kathryn: Sweet yarn!

IN FAIRNESS, unang-una talagang nag-comment ang actor-singer na si Jericho Rosales sa latest post ni Kathryn Bernardo sa Instagram. Kagabi, February 17, nagbahagi ang Kapamilya actress at Box-Office Queen ng ilang litrato at mga kaganapan sa kanyang buhay nitong mga nakaraang araw. Makikita sa kanyang IG post ang mga photos kasama ang mga kaibigan at.....»»

Category: newsSource:  inquirerRelated NewsFeb 18th, 2024

On ‘Sinulog dance trend’: Basilica wants to keep the tradition

CEBU CITY, Philippines — “Appropriateness.” This was the comment of a friar from the Basilica Minore del Santo Niño on the ‘Sinulog dance trend’ that has been circulating on social media, specifically on TikTok. Fr. John Ion Miranda, one of the priests at the Basilica, made this comment on the “Sinulog dance trend” that is.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsJan 12th, 2024

NEDA Optimistic on Economic Growth in the PH for 2024

National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»

Category: newsSource:  metrocebuRelated NewsApr 24th, 2024

Strong GDP expansion gives BSP room to further hike rates

he impressive economic growth posted by the Philippines in 2023 will give the Bangko Sentral ng Pilipinas more space to further raise interest rates in case of shocks, according to economists......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Stocks rebound on encouraging GDP numbers

Local stocks rebounded from a two-day slump after Philippine economic growth was reported at 5.6 percent yesterday......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

BSP chief: GDP grew at faster pace in Q4

Philippine economic growth picked up further in the final quarter of last year despite the aggressive rate hikes delivered by the central bank, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

Q3 GDP growth revised upward to 6 percent

The Philippine economy posted a slightly faster growth rate in the third quarter of 2023 than initially reported, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Russian economy on sustainable growth trajectory - Mishustin

The country's GDP expanded above expectations last year Russia has not only withstood the pressure of Western sanctions and outside risks but has also managed to steer its economy toward sustainable growth, Prime Minister Mikhail Mishustin said on Tuesday.   Every sector of industry registered positive dev.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Philippine economy growth may reach 6 pct to 7 pct in 2023: Marcos

MANILA, Jan. 11 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila......»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Xinhua world news summary at 1500 GMT, Jan. 11

MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024