Advertisements


We are sorry, the requested page does not exist




Banks see higher loan demand in Q2

Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Business confidence improves in Q2 – BSP

Companies in the Philippines have a more bullish outlook for the second quarter and the next 12 months amid expectations of higher consumer demand, uptick in business activities as well as easing inflation......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024

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

Why the dollar is still strong

Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Why the dollar is still strong

Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Fitch keeps credit rating of 5 Philippine banks

Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says

The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

Fight vs inflation far from over – BSP

Bangko Sentral ng Pilipinas Governor Eli Remolona said it is too soon to declare victory in the fight against inflation, signaling a higher-for-longer rate environment, as inflationary risks continue to cloud the outlook......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Japan unexpectedly slips into recession, Germany now world’s third biggest economy

Frail consumption and capital spending point to a challenging outlook for Japan’s economy.....»»

Category: newsSource:  rapplerRelated NewsFeb 15th, 2024

Fewer Pinoys see better quality of life – SWS poll

Despite a having a positive outlook for 2024, a smaller percentage of Filipinos expect to have a better quality of life this year, a survey conducted by Social Weather Stations showed......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

Employees Enter a so-so Era: The Latest Jobs Report – The Daily Guardian

January’s Jobs Report Exceeds Expectations, Indicating Positive Outlook for Labor Market In a surprising turn of events, the jobs report for January has defied expectations.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 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

DMCI Holdings cautiously optimistic for 2024

The Consunji Group is taking a cautiously optimistic outlook for this year......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Laughing it off

Canada’s Prime Minister Justin Trudeau admitted that he smoked marijuana even after becoming a member of parliament. In 2018 under his leadership, Canada legalized cannabis, including cultivation and recreational use, becoming the second country to do so after Uruguay......»»

Category: newsSource:  philstarRelated NewsMay 8th, 2024

After 6 years, Boracay beach parties are back

When Boracay reopened in October 2018 after a six-month rehabilitation project, parties have been confined to establishments.....»»

Category: newsSource:  rapplerRelated NewsFeb 25th, 2024

Torregosa to use SM2SM Run winnings for father’s medical needs

CEBU CITY, Philippines — Cebu’s rising marathon star Artjoy Torregosa plans to use her cash prize from Sunday’s SM2SM Run 12 for her father’s medical needs.  Torregosa flexed her winning form anew after emerging as the first overall female finisher in the 21-kilometer half marathon race of the SM2SM Run 12 at the SM Seaside.....»»

Category: newsSource:  inquirerRelated NewsMar 3rd, 2024

5150 CamSur is back next month

After a six-month postponement, the 5150 Triathlon CamSur homecoming is finally pushing through next month with a diverse cast of seasoned campaigners and emerging racers, including age-groupers, showcasing their prowess in various disciplines against the scenic backdrop of Camarines Sur......»»

Category: sportsSource:  philstarRelated NewsJan 15th, 2024

Diverse triathlon cast to figure in 5150 CamSur homecoming

After a six-month postponement, the 5150 Triathlon CamSur homecoming is finally pushing through next month with a diverse cast of seasoned campaigners and emerging racers, including age-groupers, ready and eager to showcase their prowess in various disciplines against the scenic backdrop of Camarines Sur......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024