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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-.....»»
S& P: Philippines may miss growth goal this year
S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»
CitySavings Named One of the 2024 Philippines’ Growth Champions
City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions. The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»
East Asia and Pacific to see moderate growth
The East Asia and the Pacific region is expected to have moderate growth this year amid headwinds from tight financial conditions and geopolitical rifts, according to a new report from the World Economic Forum......»»
FEF: Charter amendments to boost FDIs, clear policies
The proposed Charter amendments expanding foreign ownership rights in key sectors could attract more foreign direct investments into the country and help drive economic growth, according to the Foundation for Economic Freedom......»»
PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says
The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»
Agoda Unveils Asia’s Top 9 Nature Destinations
To mark the launch of Eco Deals 2024, Agoda’s flagship US$1 million partnership with the World Wide Fund for Nature (WWF), the digital travel platform has compiled a list of some of Asia’s favored nature destinations across Asia, based on searches made on Agoda in January 2024. Enric Casals, Vice President of Southeast Asia, Agoda, […].....»»
Aboitiz InfraCapital’s West Cebu Estate Earns Recognition as ‘Best Industrial Development in Asia’ at Asia Property Awards
In its inaugural appearance at PropertyGuru’s Asia Property Awards, Aboitiz InfraCapital (AIC) Economic Estates’ West Cebu Estate clinched the prestigious title of “Best Industrial Development in Asia.” This recognition shines a spotlight on Balamban, Cebu, establishing it as a vibrant global investment hub. The achievement is attributed to the strong economic and social development fostered […].....»»
Philippines GDP growth slows to 5.6 pct in 2023
© Provided by Xinhua MANILA, Feb. 1 (Xinhua) -- The Philippine economy grew by 5.6 percent in 2023 after expanding by 5.6 percent in the fourth quarter, below the 6 to 7 percent target range for 2023 set by the government, the Philippine Statistics Authority.....»»
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......»»
Philippines GDP growth slows to 5.6 pct in 2023
© Provided by Xinhua MANILA, Feb. 1 (Xinhua) -- The Philippine economy grew by 5.6 percent in 2023 after expanding by 5.6 percent in the fourth quarter, below the 6 to 7 percent target range for 2023 set by the government, the Philippine Statistics Authority.....»»
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......»»
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......»»
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......»»
Mission impossible: Embracing the nuclear ‘explosion’
A nuclear “explosion” of sorts could be on the horizon for the Philippines – one which could ensure a sustainable, sufficient and clean source of electricity for future generations, or one which could put the country in a deep hole......»»
Charter change could bring back dictatorship, intensify rights abuses — survivor
For Medy De Jesus, 74, a martial law survivor and member of human rights group Hustisya, the impending charter change could bring back another dictatorship and more human rights violations. The post Charter change could bring back dictatorship, intensify rights abuses — survivor appeared first on Bulatlat......»»
Charter change could worsen destructive mining impact
By DOMINIC GUTOMAN AND ZYSA MEI ELLORAN Bulatlat.com MANILA – For environmental defenders, the government’s push for charter change (cha-cha) could worsen the already dire impacts of destructive mining corporations on vulnerable communities. The Kalipunan ng Katutubong Mamamayan ng Pilipinas (Katribu) and Youth Advocates for Climate Action Philippines (YACAP) held a protest in front of… The post Charter change could worsen destructive mining impact appeared first on Bulatlat......»»
Where have all the nurses gone?
I could write about the country’s female tycoons who have grown their fathers’ businesses to dizzying heights, including Tessie Sy-Coson, Helen Yuchengco-Dee, Robina Gokongwei and Josephine Gotianun-Yap; or I could write about the Dumaliang sisters who staunchly defend that piece of paradise known as Masungi Georeserve; or I could write about our Filipina athletes waving the flag around the globe......»»
India s $1 pill could be key to curing cancer - report
Researchers at the TATA Institute have developed a medicine that could prevent the recurrence of cancer and reduce the side effects of treatment by 50% The TATA Institute in Mumbai has developed a pill that could prevent the recurrence of cancer and reduce the side effects of treatment by 50%, the Economic Tim.....»»