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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......»»
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......»»
Remolona sees 5.9 percent GDP this year
The Philippine economy is likely to grow at a faster pace this year, but it would still be below the government’s goal of six to seven percent as rate hikes continue to constrict demand, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»
Grab contributes up to 0.3 percent to GDP – study
Ride-hailing giant Grab Philippines contributes as much as 0.3 percent to the economy, as a peso spent on the platform generates an additional P3.42 in output, according to a recent report......»»
DTI optimistic of completing FTA talks ahead of target
The Department of Trade and Industry is upbeat talks for a free trade agreemen with the European Union could be concluded before the 2027 target......»»
Tropa brace for tough fight
TNT coach Chot Reyes said yesterday it’ll be a struggle to turn back Rain or Shine in the PBA Philippine Cup best-of-three quarterfinals as the Tropang Giga gropes for consistency but with what his charges displayed in beating Magnolia to clinch No. 4 in the standings last Sunday, there is reason to be optimistic......»»
LT Group optimistic on outlook
LT Group Inc. (LTG) of taipan Lucio Tan is keeping a bullish outlook despite expecting some macroeconomic headwinds this year......»»
Podot optimistic for interim, world title shot for Suganob this 2024
CEBU CITY, Philippines — PMI Bohol Boxing Promotions’ top honcho Floriezyl Echavez Podot targets the World Boxing Organization (WBO) interim title or perhaps a world title shot for his prized ward, Regie “Filipino Phenom” Suganob, before the year ends. This was after, Suganob put on a stunning performance on Tuesday, April 30, against the visiting.....»»
House optimistic Senate will pass Cha-cha in May
Administration lawmakers in the House of Representatives are pinning their hopes on their Senate counterparts to pass the economic Charter change bill before Congress goes on recess on May 24......»»
Korean youth driving demand for Philippines flights
South Korea’s flag carrier expects to fly about 1.7 million passengers to and from the Philippines this year, optimistic that tourism demand will be sustained by the traveling youth......»»
PSE stays hopeful on targets despite market slowdown
The Philippine Stock Exchange Inc. (PSE) remains optimistic on its target amount of capital to be raised in the bourse this year as well as the number of initial public offerings (IPO) despite recent market slowdown......»»
NFA OKs more competitive P30/k palay buying price
State-run National Food Authority is optimistic that it can now compete better with private traders in buying local palay after it was allowed to purchase palay or unmilled rice by as much as P30 per kilogram......»»
NGCP ‘hopeful’ TRO lifted for vital power line
The National Grid Corp. of the Philippines is optimistic that a court order stalling the completion of a critical power line in Central Luzon will be lifted soon......»»
Boxing: WBO, GAB execs optimistic PH will end world title drought soon
CEBU CITY, Philippines — World Boxing Organization (WBO) Asia Pacific president Leon Panoncillo and the Games and Amusements Board (GAB) Chairman Richard Clarin share the belief that it’s only a matter of time for the Philippines to produce a new boxing world champion. Clarin and Panoncillo were in Tagbilaran City recently to officiate two WBO.....»»
Mike Evans Confidence in Baker Mayfields Future with Bucs – The Daily Guardian
Tampa Bay Buccaneers wide receiver Mike Evans is optimistic about the team’s future, particularly when it comes to the status of quarterback Baker Mayfield. Evans.....»»
SWS: 40% of Filipinos optimistic about economy
Four in 10 adult Filipinos expected the Philippine economy to pick up in the next 12 months, according to a Social Weather Stations poll released Thursday. .....»»
Four for Gilas
With what Gilas showed in the first window of the FIBA Asia Cup qualifiers, coach Tim Cone is excited about the future. Clearly, there’s reason to be optimistic. “The scary part is this team can get a whole lot better,” he said......»»
Prosecutors push arson charge vs director Jade Castro, companions
'We were hoping that the prosecutor would dismiss the case and my brother and his friends could go home. But we are still optimistic that when this reaches the court, the judge will clearly see that my brother and his friends are innocent,' Castro's family says.....»»
Robust P400 billion bond listings seen this year
The Philippine Dealing & Exchange Corp. (PDEx) is optimistic this year’s domestic bond listings target will be attained as the corporate bond market is off to a good start......»»
Brownlee optimistic on Gilas future
The Philippine basketball scene will be “on the rise even more” in the coming years, Justin Brownlee said, as the 12-man Gilas Pilipinas pool was named late last month......»»