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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......»»
Job insecurity, climate change pose challenges in Philippines human development – UNDP
The lack of job security and the high exposure to climate and disaster risks are seen as challenges to the country’s economic growth and human development, making it necessary to make investments in climate resilience and education, according to the United Nations Development Program......»»
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......»»
BPI sees stronger credit growth
Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»
IMF hikes Philippines 2024 growth target
The International Monetary Fund upgraded its 2024 economic growth forecast for the Philippines amid the stronger rebound in investments and exports......»»
East Asia and Pacific to see moderate growth
The East Asia and the Pacific region is expected to have moderate growth this year amid headwinds from tight financial conditions and geopolitical rifts, according to a new report from the World Economic Forum......»»
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 […].....»»
BSP to be more cautious on lowering rates – S& P
The Bangko Sentral ng Pilipinas, along with other emerging market central banks, would be more cautious about cutting borrowing costs this year amid external risks, according to S&P Global Ratings......»»
BSP on guard vs inflation risks amid El Niño
The BSP chief said headline inflation likely further accelerated to 3.9 percent in March from 3.4 percent in February due to base effects, but lower than the 7.6 percent in March 2023......»»
BSP to issue new guidelines for MSBs
The Bangko Sentral ng Pilipinas is finalizing a new regulatory framework for money service businesses to ensure that risks remain manageable amid the evolving industry......»»
Your Data, Your Rights: Proactive Steps for Personal Data Protection
Safer Internet Day 2024 comes amid data fears about limited access imposed on various popular apps, causing users to circumvent the new rules by downloading replacements. In an era where vast amounts of data are constantly being collected and analyzed, the risks of data breaches, identity theft, and invasion of privacy are more pronounced than […].....»»
Duterte says Marcos risks same fate as dictator father amid charter change push
In a fiery speech Sunday evening, Duterte accused his predecessor of being a “drug addict” and of trying to amend the Constitution to prolong his term of office. .....»»
4th Impact confirms refunding donations of deleted GoFundMe page for 200 dogs
Girl group 4th Impact fully refunded all the donations sent in to a GoFundMe page they set up for their 200 pet dogs but deleted following heavy criticism from Internet users and animal rights activists......»»
Vlogger Boy Tapang apologizes for P1M kite
CEBU CITY, Philippines — Cebuano vlogger Boy Tapang, also known as Ronnie Suan in real life, issued a public apology on his Facebook page after creating a kite using P1,000 bills worth P1 million. The vlog by Boy Tapang, which has already been deleted from his Facebook page, received negative comments from netizens. The content.....»»
PCG regains control of hacked Facebook page
The Philippine Coast Guard has regained control of its Facebook page after it was hacked five days ago, on Good Friday, the PCG announced yesterday......»»
Medical, burial aid guidelines set on OVP Davao FB page
Medical, burial aid guidelines set on OVP Davao FB page.....»»
4th Impact deletes GoFundMe page for dog donations after heavy backlash
After receiving heavy criticisms online, girl group 4th Impact has deleted their GoFundMe page asking for donations for their 200 dogs. .....»»
4th Impact may pa-fundraising para sa 200 dogs, netizens uminit ang ulo
NAGLUNSAD ng donation drive ang Pinoy girl group na 4th Impact para sa ipapatayong “dreamland” ng kanilang 200 dogs. Noong February 23, nagkaroon ng “Go Fund Me” page ang grupo na ginawa ng nakatatandang kapatid na si Elvira. Ang goal nila sa fundraising ay makalikom ng $10,000 o mahigit kalahating milyong piso. Sa nasabing page,.....»»
PCG regains control of hacked Facebook page
The Philippine Coast Guard has regained control of its official Facebook page three days after it was hacked......»»