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Grab contributes up to 0.3 percent to GDP – study

Ride-hailing giant Grab Philippines contributes as much as 0.3 percent to the economy, as a peso spent on the platform generates an additional P3.42 in output, according to a recent report......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Higher consumption seen to drive GDP growth faster

The Philippine economy is expected to grow at a faster pace this year with the record-high employment and lower inflation likely to support consumption spending, according to First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) Capital Markets Research......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Q4 GDP growth comes in at 5.6%

The Philippine Statistics Authority revealed yesterday that the Philippine economy grew 5.6% y/y in Q4, which is down from the 6.0% it grew in Q3......»»

Category: financeSource:  philstarRelated NewsFeb 1st, 2024

Strong GDP expansion gives BSP room to further hike rates

he impressive economic growth posted by the Philippines in 2023 will give the Bangko Sentral ng Pilipinas more space to further raise interest rates in case of shocks, according to economists......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Stocks rebound on encouraging GDP numbers

Local stocks rebounded from a two-day slump after Philippine economic growth was reported at 5.6 percent yesterday......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Q3 GDP growth revised upward to 6 percent

The Philippine economy posted a slightly faster growth rate in the third quarter of 2023 than initially reported, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Moody’s Analytics sees below 5 percent GDP in Q4

Philippine economic growth likely slowed to below five percent in the final quarter of 2023 on the back of softer global economic growth, according to Moody’s Analytics......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief

INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

BSP chief: GDP grew at faster pace in Q4

Philippine economic growth picked up further in the final quarter of last year despite the aggressive rate hikes delivered by the central bank, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

Russian economy on sustainable growth trajectory - Mishustin

The country's GDP expanded above expectations last year Russia has not only withstood the pressure of Western sanctions and outside risks but has also managed to steer its economy toward sustainable growth, Prime Minister Mikhail Mishustin said on Tuesday.   Every sector of industry registered positive dev.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Rain or Shine keeps hot streak

Rampaging Rain or Shine turned things around in the fourth quarter to frustrate its former player Rey Nambatac and Blackwater, 110-103, for its third straight win in the PBA Philippine Cup yesterday as the league marked a historic return to the Ninoy Aquino Stadium......»»

Category: sportsSource:  philstarRelated NewsApr 7th, 2024

Last-hole birdie keeps Saso in match play mix 

Yuka Saso checked a potential slide with a clutch birdie on the par-5 18th, salvaging a 74 and tying for seventh place after 36 holes of stroke play battle in the T-Mobile Match Play in Las Vegas......»»

Category: sportsSource:  philstarRelated NewsApr 5th, 2024

ALA keeps on punchin’

Meeting up with Tony Aldeguer, respected owner of the once-thriving ALA Boxing stable, was a highlight of my visit here for the EASL Final Four last weekend. It’s been years since we’ve seen each other and in between game days, Tony motored close to 1 1/2 hours to take me to lunch......»»

Category: sportsSource:  philstarRelated NewsMar 13th, 2024

Amid hot stretch, UST ace rookie Poyos keeps eyes on the prize

UST star rookie Angge Poyos isn’t getting ahead of herself as she’s consistently strung together big games for the Golden Tigresses, who have gone 5-0 in the UAAP Season 86 women's volleyball tourney......»»

Category: sportsSource:  philstarRelated NewsMar 10th, 2024

Ando keeps fire burning

Elreen Ando bagged a pair of silver medals in the Asian Weightlifting Championships in Tashkent, Uzbekistan last Monday and pressed her drive for a berth to this year’s Paris Olympics......»»

Category: sportsSource:  philstarRelated NewsFeb 6th, 2024

Kaspersky Predicts Key Cybersecurity Threats Targeting Children in 2024

With most children able to access or own a smartphone or tablet, the age at which they begin their acquaintance with the digital world and technology keeps decreasing. Therefore, it’s crucial for parents to stay informed about the latest cybersecurity threats targeting kids to better protect them from potential harm. In this post, Kaspersky experts explore […].....»»

Category: newsSource:  metrocebuRelated NewsJan 25th, 2024

Spoelstra inks contract extension deal with Miami Heat

MIAMI  — Erik Spoelstra and the Miami Heat have agreed on a contract extension, ensuring that the longest-tenured coach in franchise history only keeps adding to his team records for many years to come. Spoelstra signed an eight-year extension worth around $120 million — the largest contract in NBA history in terms of total value.....»»

Category: sportsSource:  abscbnRelated NewsJan 10th, 2024

PH army’s new cyber defense group questioned over potential use for attacks

In 2018, several websites of progressive organizations and media outfits became victims of relentless DDoS attacks.  A probe by Sweden-based Qurium Media Foundation revealed that the attacks came from the Philippine Army, including activities linked to the Chief of Staff for Intelligence of the Philippine Army. The post PH army’s new cyber defense group questioned over potential use for attacks appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

BSP keeps rates on hold as expected

The Bangko Sentral ng Pilipinas hit the pause button for the fifth straight policy meeting as it kept the benchmark interest rates steady yesterday, but it may start cutting borrowing costs as early as August if a sustained downtrend in inflation becomes fully evident......»»

Category: financeSource:  philstarRelated News8 hr. 39 min. ago

At least naalala niya : Vice Ganda quips on Showtime contestant s birth certificate

Vice Ganda showed that he keeps updated with the news and social issues in the country as seen in recent episodes of "It's Showtime.".....»»

Category: entertainmentSource:  philstarRelated News13 hr. 9 min. ago