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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

BSP keeps policy rates anew

By Joann Santiago MANILA, Dec. 17 (PNA) — Philippine monetary officials on Thursday maintained the Bangko Sentral ng Pilipinas’ (BSP) key rates after noting that inflation dynamics and risks to the outlook........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 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

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

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

What to consider when investing in condos in 2024

The Philippine property sector, marked by its perpetual dynamism, anticipates a propitious run in 2024. This buoyant outlook is primary driven by the real estate industry’s resilience even in the face of economic downturns......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 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

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......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsApr 21st, 2024

IMF revised our projected FY24 GDP growth to 6.2%

The International Monetary Fund fine-tuned its projection for our FY24 GDP growth yesterday, increasing it from 6.0% to 6.2%......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

AI to ‘positively impact’ contact center’s growth

AI to ‘positively impact’ contact center’s growth.....»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

NEDA says 6 percent Q1 growth possible

A six percent economic growth in the first quarter is possible given developments in the labor market and lower inflation, according to the National Economic and Development Authority......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024