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Xinhua world economic news summary at 0830 GMT, Jan. 18

DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»

Category: newsSource:  manilanewsRelated 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

PH Economy Remains Optimistic Amid Global Slowdown

The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»

Category: newsSource:  metrocebuRelated NewsJan 12th, 2024

World Bank retains Philippines growth outlook

The World Bank has maintained its growth forecasts for the Philippines for this year until 2026 on expectations of easing inflation, strong domestic demand as well as improved trade performance......»»

Category: financeSource:  philstarRelated NewsJun 4th, 2024

MSMEs urged to protect IP for market growth

MSMEs urged to protect IP for market growth.....»»

Category: newsSource:  sunstarRelated NewsJun 1st, 2024

Fueling economic growth

Real estate, particularly residential properties, contributes significantly to this growth due to Davao's geographic viability......»»

Category: newsSource:  sunstarRelated NewsJun 1st, 2024

Philippine lags in ASEAN credit growth indicators

The country’s credit growth is seen declining over the next two quarters, compared to its Association of Southeast Asian Nations peers, Bank of America Global Research said in a report......»»

Category: financeSource:  philstarRelated NewsMay 20th, 2024

Speaker to BIR: Economic growth rests on hitting targets

Speaker Martin Romualdez urged the Bureau of Internal Revenue to ensure that the tax agency hits its targets this year, emphasizing that “hitting revenue targets means the government can fund its spending program, which will enable growth.”.....»»

Category: newsSource:  philstarRelated NewsMay 15th, 2024

Puregold sees sustained growth this year

Puregold Price Club Inc., the flagship retail chain of businessman Lucio Co, is optimistic on sustained revenue growth this year after ending the first quarter with positive financial results......»»

Category: financeSource:  philstarRelated NewsMay 9th, 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

Loan growth climbs to 9-month high in February

Loan growth further accelerated for the third straight month in February, growing by 8.6 percent from 7.8 percent in January, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

NEDA chief sees 2015 growth at 6% despite typhoons

By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government is optimistic about achieving its target economic growth of 6.9 percent in the fourth quarter despite the devastation wrought by typhoons,........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

Alfamart accelerates growth with more aggressive expansion

Alfamart, the minimart chain of the SM Group, is embarking on a more aggressive growth as it ramps up store expansion starting this year......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Recto sees ‘realistic’ 6-6.5 percent growth for Philippines

Finance Secretary Ralph Recto is looking at a “more realistic” economic growth of at least six to 6.5 percent for this year, with medium-term economic expansion likely to be tempered as well......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Social Media Firms Shares Soar in Stock Market Debut

India’s GDP Growth Rate Drops to 4.7% in Latest Quarter According to provisional data released by the Central Statistical Office, India’s GDP growth rate has.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 22nd, 2024

SMIC banks on areas outside NCR for growth

SM Investments Corp. (SMIC) of the Sy family is betting big on the countryside to support the group’s continued growth......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024