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Banks’ NPL ratio eases to 3.41 percent in November
The share of soured loans to the banking sector’s total loan book slipped to 3.41 percent in November 2023 after rising to a five-month high of 3.44 percent a month earlier, according to the Bangko Sentral ng Pilipinas......»»
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 […].....»»
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......»»
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.....»»
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.....»»
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......»»
Daily Gospel, April 2
This is the Daily Gospel for today, April 02, 2024, which is Tuesday of Easter Week. READ MORE: Daily Gospel, April 1 Daily Gospel, March 30 Holy Gospel of Jesus Christ according to Saint John 20, 11-18. Mary Magdalene stayed outside the tomb weeping. And as she wept, she bent over into the tomb and.....»»
5 drown in Philippines while swimming to cool off
MANILA, April 29 (Xinhua) -- Five people, including three children, have died Sunday from drowning in five separate incidents in the Philippines, police reported on Monday. Police said the fatal accidents occurred during outings to beat the scorching heat sweeping the country the past weeks. A 24-year-old female worker died while swimming in Laguna province along with fellow factory workers. A six-year-ol.....»»
PMI eyes use of Philippines tobacco in smoke-free products
Philip Morris International plans to use locally produced tobacco leaves in its smoke-free products following the inauguration of the P8.8-billion expansion of its local affiliate’s factory......»»
Titay’s Rosquillos Upgrades Facilities to Meet Increasing Demand
Liloan’s iconic bakery, Titay’s Rosquillos and Delicacies, founded by Margarita Frasco or Mama Titay in 1907, ushers in a new milestone with the groundbreaking of its new factory in Titay’s Poblacion, Liloan, on April 1, 2024, to meet the increasing demand for their products by locals and tourists. Titay’s, a brand that established the rosquillos.....»»
Factory gate prices ease in February
Producer prices declined at a slightly faster rate in February as electronic and food products posted slower upticks, according to the Philippine Statistics Authorit......»»
Factory gate prices decline in January
Producer prices of manufactured goods contracted in January due mainly to the slower increase in prices of computer, electronic and optical products, according to the Philippine Statistics Authority......»»
Factory activity rises slightly in February
Manufacturing activity picked up for the sixth consecutive month in February, fueled by improved demand conditions......»»
German manufacturing hits four-month low - S& P Global
Factory activity has dropped further than expected by economists, signaling a sharp downturn in the economy, data shows German manufacturing activity dropped well below expectations in February, indicating an accelerated rate of economic downturn, the latest data compiled by S&P Global has revealed. .....»»
Factory gate prices rise faster in December
Producer prices went up at a slightly faster pace in December from the previous month, driven largely by the manufacture of computer and electronic products......»»
Gloc-9, other rappers to rock Australia this March
Original Pilipino Music (OPM) rap icon Gloc-9, together with reggae band Chocolate Factory, is set to rock Australia this March......»»
SMC, SMIC Phl growth drivers
The Philippines’ two largest conglomerates are powering the country’s robust economic growth this year and in the coming years......»»
ACMobility gears up for growth
ACMobility, formerly AC Motors, is gearing up for growth in a bid to supercharge the country's electric vehicle transition......»»
BPI bullish this year amid continued loan growth
After posting record earnings in the first quarter, Bank of the Philippine Islands is optimistic about its growth prospects for this year as it sees its loan book growing by 11 to 12 percent, mainly driven by higher loans from consumers......»»
Mikee kay Paul: ‘Grabe ‘yung growth niya, parang 10 years tinanda niya…’
AYON sa Kapuso star na si Mikee Quintos, malaki na ang ipinagbago ng kanyang boyfriend na aktor na si Paul Salas, lalo na pagdating sa pagiging seloso nito. Ito ang naikuwento mismo ni Mikee nang makachikahan siya sa podcast interview ng “Updated with Nelson Canlas.” “Rapid nga ‘yung growth niya since I met him,” chika.....»»