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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......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Japan slips into a recession and loses its spot as the world s third-largest economy

Japan slips into a recession and loses its spot as the world s third-largest economy.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Japan recession: Scaled back spending helps push economy to where it is now

TOKYO — To grasp the dynamics that bumped Japan into recession and off its perch as the world’s third largest economy on Thursday, look no further than Risa Shinkawa’s dining habits. Unlike unionised workers at big manufacturers such as Toyota Motor, the 32-year-old aesthetician isn’t expecting a pay rise anytime soon. Rather, her salary has.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 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

Japan slips into a recession and loses its spot as the world s third largest economy

Japan slips into a recession and loses its spot as the world s third largest economy.....»»

Category: newsSource:  sunstarRelated NewsFeb 15th, 2024

Mayor bares ‘ingredients’ for successful economy

Mayor bares ‘ingredients’ for successful economy.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024

Germany spending billions to replace nuclear power

The EU's largest economy is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earl.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024

EU s largest economy spending billions to replace nuclear power

Germany is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earlier this week.&nb.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 11th, 2024

Economy grew by 5.6% in 2023

The Philippine economy expanded at a slower pace in 2023 than the previous year, falling below the government’s growth target amid high inflation and interest rates that affected consumption......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

More Pinoys hopeful for better economy, quality of life

Although still less than a majority, optimism for a better economy and personal quality of life have both increased at the end of 2023, according to a survey conducted by the OCTA Research group......»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

Measuring income inequality

In a recent report about the Philippine economy, the Philippine Institute for Development Studies. stated that the economy will grow at a faster pace this year. The emphasis of the report was on the projections for economic growth measured in terms of the Gross Domestic Product......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

Liberal laws, policy gaps: Rappler, ANC question need for Cha-cha to open economy

CHEERS TO Rappler and ANC's Market Edge for reviewing current laws that have opened up the economy to foreign investments. In doing so, the accounts question the purpo.....»»

Category: newsSource:  philippinetimesRelated NewsJan 23rd, 2024

Liberal laws, policy gaps: Rappler, ANC question need for Cha-cha to open economy

CHEERS TO Rappler and ANC's Market Edge for reviewing current laws that have opened up the economy to foreign investments. In doing so, the accounts question the purpo.....»»

Category: newsSource:  manilanewsRelated NewsJan 23rd, 2024

A Human Rights Economy is Key to Sustainable Development

A Human Rights Economy is Key to Sustainable Development.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 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

Economy likely grew by 6.2 percent in Q4

The Philippine economy likely posted a faster growth rate in the fourth quarter of 2023 than in the third quarter, supported by gains in the labor market, according to an economist......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Economy to expand at faster pace in 2024

The Philippine economy is expected to grow at a faster pace this year than in 2023 despite headwinds, but the growth will be below the government’s target, according to First Metro Investment Corp.......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Taiwan’s indispensability in preparing for future pandemics

The three years of the COVID-19 pandemic resulted in a terrible loss of life and exacerbated health inequalities. The global economy slumped and, worldwide, people’s lives were affected. This experience demonstrated that the present global health governance framework is not effective in responding to threats to global health......»»

Category: newsSource:  philstarRelated NewsMay 18th, 2024

Government urged to boost spending for broadband infrastructure

A leading think tank has called on government to aggressively invest in broadband infrastructure to boost the competitiveness of the Philippines in the global digital economy......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

Guilty Verdict in High-Profile Kazakhstan Domestic Violence and Murder Case

A Kazakh court has delivered a guilty verdict in the high-profile trial of the country's former economy minister, Kuandyk Bishimbayev. On May 13, the court found Bishimbayev guilty of the torment and murder with extreme cruelty of his partner Saltanat Nukenova and sentenced him to 24 years in a maximum-security prison. Murder with extreme cruelty carries a maximum sentence of life imprisonment, while torment carries a.....»»

Category: sportsSource:  abscbnRelated NewsMay 14th, 2024