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Philippine economy growth may reach 6 pct to 7 pct in 2023: Marcos
MANILA, Jan. 11 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila......»»
Xinhua world news summary at 1500 GMT, Jan. 11
MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»
World Bank expects faster growth for Philippines this year
Economic growth in the Philippines is projected to be faster this year than in 2023, but the pace will be lower than the government’s target, the World Bank said in a report......»»
Manila’s ‘last lung’ to remain free from development
Arroceros Forest Park, often described to be Manila’s “last lung,” will remain off-limits to private interests, the city government said yesterday......»»
Valderrama: Our hearts remain
Valderrama: Our hearts remain.....»»
MMDA to remain strict on e-trike, light vehicle ban
Despite an order from President Marcos, the Metropolitan Manila Development Authority would remain strict in banning light vehicles like e-bicycles, e-tricycles and tricycles from plying major roads in Metro Manila, acting MMDA Chairman Romando Artes said yesterday......»»
Marcos to Pinoys: Remain firm in your commitment, resolve this dragon year
President Marcos called on Filipinos to remain firm in their commitment and resolve to achieve a harmonious and progressive Philippines as he joined the Filipino-Chinese community in celebrating Chinese New Year yesterday......»»
Interest rates to remain at 6.5% — BSP
The Bangko Sentral ng Pilipinas’ (BSP) Monetary Board (MB) decided to retain its target reverse repurchase rate at 6.5%......»»
Prices expected to remain elevated until Q3
The Bangko Sentral ng Pilipinas sees inflation quickening further and staying above the two to four percent target until the third quarter due to the negative impact of weather conditions on agricultural production......»»
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......»»
Lagged impact of high rates to take toll on economy – BSP
The lagged effects of monetary policy adjustments last year will continue to take its toll on the economy, with growth likely to fall below government targets anew......»»
‘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.....»»
Inflation likely breached upper 4 percent target in April
Headline inflation is expected to settle within the range of 3.5 to 4.3 percent in April, from a three-month high of 3.7 percent in March, possibly breaching the upper four percent target of the Bangko Sentral ng Pilipinas......»»
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......»»
Government arsenal spending up 420 percent but misses production target
The Government Arsenal increased its spending in 2023 by 420 percent, but still failed to meet its ammunition production target for the year, according to a report from the Commission on Audit......»»
BSP: Inflation surpassed target in March
Inflation likely continued its uptick in March but breaching the target of the central bank for the first time in three months amid more expensive electricity costs, oil and food prices......»»
DOH, BARMM target 1.3M kids for measles shots
DOH, BARMM target 1.3M kids for measles shots.....»»