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Philippines likely grew below target in 2023 – economists
The economy likely posted growth below the government’s target of six to seven percent in 2023, according to economists......»»
Philippines likely missed 2023 growth target
While some economists believe the Philippine economy likely grew faster in the fourth quarter, the overall expansion in 2023 is still expected to fall short of the six to seven percent target penned by the government’s economic managers......»»
BSP Governor Eyes Potential Rate Cut as Inflation Eases
In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»
DA slashes palay output target to 20.4 million tons
The Department of Agriculture slashed its palay production target for the year to 20.4 million metric tons after taking into consideration the impact of El Niño on domestic farms......»»
ACEN attains 5-GW renewable energy goal ahead of target
It is mission accomplished for ACEN Corp., the listed energy platform of the Ayala group, having achieved its five gigawatts (GW) of renewable energy capacity target a year ahead of schedule......»»
Vehicle sales exceed 2023 target
Vehicle sales surpassed the industry’s target last year, registering a 21.9 percent growth amid sustained consumer demand and improved supply conditions......»»
Reissued T-bonds fetch higher rates
The reissuance of the government’s long-term securities fetched higher rates amid expectation of faster inflation in March that likely breached the target of the central bank......»»
T-bills, T-bonds rates up after inflation uptick
Yields for the government’s short and long-term securities picked up across the board after inflation accelerated for the second straight month......»»
‘Inflation uptick far from over’
The uptick in inflation is far from over as more expensive commodity prices could last until the second quarter, with the government ramping up efforts to ensure food security amid threats of El Niño......»»
T-bill rates rise on inflation recoil
The rates for the government’s short-term securities picked up across the board as the market expects inflation to have snapped four straight months of easing......»»
Inflation and its impact on senior citizens
The recent government initiative to bolster social pension payouts for indigent senior citizens reflects a vital step in mitigating the impact of inflation on basic necessities......»»
Thailand s rice exports up 44 pct in January
BANGKOK, Feb. 6 (Xinhua) -- Thailand's rice exports jumped 43.96 percent from a year earlier to 1.12 million tons in January, government spokesperson Chai Wacharonke said on Tuesday. The government has set a rice export target of 7.5 million tons this year as part of efforts to develop the quality of rice varieties and expand access to Thai rice in overseas markets, Chai said in a statement. Authorities a.....»»
Singapore bank hikes Philippines inflation forecast
DBS Bank Ltd. of Singapore raised its inflation forecast for the Philippines this year to 3.7 percent from 3.3 percent previously, a development which could prompt the Bangko Sentral ng Pilipinas (BSP) to keep rates higher for longer......»»
Food prices pull down January 2024 inflation to 2.8%
During a press briefing on Tuesday, National Statistician and Philippine Statistics Authority chief Claire Dennis Mapa said that inflation dropped to 2.8% in January 2024, down from 3.9% in December of last year......»»
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......»»
Below target growth dampens market
The stock market plunged yesterday as the below target economic expansion in the first quarter did not sit well with investors......»»
Customs overshoots collection target anew
The Bureau of Customs continued its streak of exceeding its target collection with a haul of more than P80 billion in April......»»
‘Comelec to meet new voters target for 2025 polls’
The Commission on Elections (Comelec) has expressed confidence that it will achieve its target of three million new voters for the May 2025 midterm elections......»»
BOC Port of Cebu tops target for April
BOC Port of Cebu tops target for April.....»»
High-value target wa na makaiktad
High-value target wa na makaiktad.....»»