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Philippines likely missed 2023 growth target

While some economists believe the Philippine economy likely grew faster in the fourth quarter, the overall expansion in 2023 is still expected to fall short of the six to seven percent target penned by the government’s economic managers......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Philippines posts 5.6% GDP growth in 2023, misses gov t target

The country’s gross domestic product (GDP) grew 5.6% in the fourth quarter from a year earlier, falling short of the government target, the Philippine Statistics Authority (PSA) reported on Wednesday......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

Inflation still top concern for Pinoys

Despite inflation easing in December, it remains the top concern for many Filipinos as prices of rice, the country’s staple food, continued to pick up, think tank GlobalSource Partners said......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

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......»»

Category: newsSource:  philstarRelated NewsApr 2nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

High-value target killed in shootout

CEBU CITY, Philippines — An ex-convict, also considered a high-value target in the illegal drug trade, died in a shootout between personnel from the Cebu Provincial Police Office (CPPO) conducting surveillance and casing in Sitio Kilawan, Barangay Tangke, Talisay City on Monday, March 11, 2024. Members of the Provincial Intelligence and Provincial Drug Enforcement Unit.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 2024

Remulla confirms Teves on Interpol red notice, target of global manhunt

MANILA, Philippines – Former Negros Oriental Rep. Arnolfo “Arnie” Teves Jr. is currently the target of an international manhunt following his inclusion in the red notice system of the International Criminal Police Organization (INTERPOL), Justice Secretary Jesus Crispin Remulla confirmed on Wednesday. Remulla said that Teves is already included in Interpol’s Red Notice System. An.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

Philippines likely grew below target in 2023 – economists

The economy likely posted growth below the government’s target of six to seven percent in 2023, according to economists......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Clark airport exceeds 2023 passenger target

Clark International Airport, the alternative gateway to Metro Manila, breached its passenger target in 2023 amid the recovery of global air travel......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Vehicle sales exceed 2023 target

Vehicle sales surpassed the industry’s target last year, registering a 21.9 percent growth amid sustained consumer demand and improved supply conditions......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

‘MGEN to achieve target ahead of 2030 schedule’

Meralco PowerGen Corp. (MGen), the power generation arm of power distributor Manila Electric Co., expects to achieve its 1,500-megawatt (MW) renewable energy target ahead of 2030 schedule......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

DTI optimistic of completing FTA talks ahead of target

The Department of Trade and Industry is upbeat talks for a free trade agreemen with the European Union could be concluded before the 2027 target......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

Below target growth dampens market

The stock market plunged yesterday as the below target economic expansion in the first quarter did not sit well with investors......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

DA slashes palay output target to 20.4 million tons

The Department of Agriculture slashed its palay production target for the year to 20.4 million metric tons after taking into consideration the impact of El Niño on domestic farms......»»

Category: newsSource:  philstarRelated NewsMay 9th, 2024

Customs overshoots collection target anew

The Bureau of Customs continued its streak of exceeding its target collection with a haul of more than P80 billion in April......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

April inflation seen breaching 4 percent target

Inflation likely picked up and breached the four percent upper target for the first time in five months in April, which will prompt the Bangko Sentral ng Pilipinas (BSP) to keep its hawkish stance, a poll of economists showed......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

‘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......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

BOC Port of Cebu tops target for April

BOC Port of Cebu tops target for April.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

High-value target wa na makaiktad

High-value target wa na makaiktad.....»»

Category: sportsSource:  abscbnRelated NewsMay 1st, 2024

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......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024