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Philippines to lead growth in ASEAN+3

The Philippines is expected to post the fastest economic growth in the Association of Southeast Asian Nations Plus 3 this year and the next, according to the ASEAN+3 Macroeconomic Research Office......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Digital banks post significant deposit, loan growth in 2023

The digital banking sector has recorded a significant growth in total deposits and loans in 2023 compared to a year ago, as consumers looked for more accessible and user-friendly financial services......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Gov t cuts growth target to 6%-7% — NEDA

In a press briefing with the members of the press on Thursday, Balisacan said that the country's economic growth target had been revised following a careful consideration of factors such as the global economic slowdown, rising oil prices and inflation trends......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

FLI bares growth plans for 2024

Gotianun–led property developer Filinvest Land Inc. gears up for growth with a slew of projects set for launch and completion this year......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

India, Philippines have seen very perceptible growth in recent times: Jaishankar

Manila [Philippines], March 26 (ANI): Hailing ties between India and the Philippines, External Affairs Minister S Jaishankar, who is on a visit to the Philippines on Tuesday, said that ties between Delhi and Manila have witnessed a very perceptible growth in recent times. Addressing a joint press briefing with Philippine Secretary of Foreign Affairs Enrique Manalo, Jaishankar said, "As you all know, India's ties with the.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

Recto sees ‘realistic’ 6-6.5 percent growth for Philippines

Finance Secretary Ralph Recto is looking at a “more realistic” economic growth of at least six to 6.5 percent for this year, with medium-term economic expansion likely to be tempered as well......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Social Media Firms Shares Soar in Stock Market Debut

India’s GDP Growth Rate Drops to 4.7% in Latest Quarter According to provisional data released by the Central Statistical Office, India’s GDP growth rate has.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 22nd, 2024

Indian banking sector continues to improve with better asset quality, high credit growth: Survey

New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

SMIC banks on areas outside NCR for growth

SM Investments Corp. (SMIC) of the Sy family is betting big on the countryside to support the group’s continued growth......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

San Miguel income soars to P44.7 billion in 2023

Diversified conglomerate San Miguel Corp. expects to sustain its growth momentum this year after earnings soared in 2023 on the back of significant volume growth across its key businesses......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

P120-B road project pushed to pave growth of former no man s land

P120-B road project pushed to pave growth of former no man s land.....»»

Category: newsSource:  sunstarRelated NewsMar 12th, 2024

China maintains defence budget growth despite economic travails

Hong Kong, March 12 (ANI): At the 14th National People's Congress, China announced its defence budget for 2024 and interestingly maintained the growth rate of its military expenditure at precisely the same percentage as last year, as Chairman Xi Jinping continues to prioritize the People's Liberation Army (PLA) at the expense of other sectors of government funding. Indeed, according to figures released on the opening day.....»»

Category: newsSource:  manilanewsRelated NewsMar 12th, 2024

PLDT back on growth track, doubles profit to P26.61 billion

Telco leader PLDT Inc. returned to growth mode in 2023 as its profit doubled from a year ago, as it cleaned up the P33-billion budget overrun that messed up its balance sheet in 2022......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Philippines-Australia business deals seen to fuel economic growth

The business deals signed recently between the Philippines and Australia will help ensure economic growth and security in the Philippines, an international think tank said......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Philippines manufacturing output sustains growth in January

MANILA, March 7 (Xinhua) -- The Philippines' manufacturing production sustained growth momentum in January, the Philippine Statistics Authority (PSA) said Thursday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased 0.9 percent and 1.9 percent in January, respectively. Across all 22 indust.....»»

Category: sportsSource:  abscbnRelated NewsMar 7th, 2024

UBS sees 2-digit credit growth for Philippines banks

Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

SM conglomerate optimistic on growth prospects for 2024

Conglomerate SM Investments Corp. of the Sy family is cautiously optimistic for 2024, but remains committed to stay on growth mode after solid contributions from its core businesses and higher earnings contribution from portfolio investments, which lifted earnings by a quarter to P77 billion in 2023......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Quick rollout of PPPs to boost economic growth

The rollout of more infrastructure projects that involve the private sector is expected to prop up economic growth with the government likely to make up for its lagged spending last year, according to banking giant UBS......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Metro Pacific charts stronger growth path

Conglomerate Metro Pacific Investments Corp. is charting a stronger growth path on its first year back as a private company following its delisting from the stock market late last year......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Sun Savings Bank: Where growth is not just a goal, but a culture

Sun Savings Bank: Where growth is not just a goal, but a culture.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024