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Philippines manufacturing output sustains growth in December 2023
MANILA, Feb. 7 (Xinhua) -- The performance of manufacturing production in the Philippines sustained its growth in December 2023, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased by 2.6 percent and 2 percent in December, respectively......»»
Wholesale price growth slowed in 2023
Growth in bulk prices of goods in the country eased last year as food and three other commodity groups posted slower price increases, according to the Philippine Statistics Authority......»»
BPI sees stronger credit growth
Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»
NCR retail price growth steady in December – PSA
Retail prices of goods in Metro Ma- nila snapped a three-month downtrend as it maintained its pace of growth in December from the previous month, according to the Philippine Statistics Authority......»»
Security Bank sees 5.8 percent economic growth in Q4
Security Bank Corp. believes the Philippine economy grew by 5.8 percent in the fourth quarter last year, bringing the full-year gross domestic product growth to 5.6 percent in 2023......»»
NCR construction materials price growth eases in 2023
Retail price growth of construction materials in Metro Manila eased in 2023 from the previous year as all commodity groups posted slower increases, according to the Philippine Statistics Authority......»»
Empowering Business Growth by Knowing When to Say ‘No’
In the ever-changing world of entrepreneurship, the word “No” carries a lot of weight, often overlooked in the rush to grab every opportunity. While it’s usually seen as a negative, realizing the value of saying “No” can make a difference in how you handle business. Turning down an opportunity or saying no to a money […].....»»
Job insecurity, climate change pose challenges in Philippines human development – UNDP
The lack of job security and the high exposure to climate and disaster risks are seen as challenges to the country’s economic growth and human development, making it necessary to make investments in climate resilience and education, according to the United Nations Development Program......»»
‘Terrific opportunities’ ahead for Philippines – US official
The Philippines is seen treading the right path with “terrific opportunities” ahead that make it eligible again to access grants that could help boost economic growth, a ranking US aid official said......»»
Consumption seen to remain under pressure
Consumption, a key driver of the country’s economic growth, is expected to be challenged this year even with easing inflation, according to UK-based think tank Pantheon Macroeconomics......»»
Agoda Unveils 2024 New Horizons List
Digital travel platform Agoda reveals its first-ever “Philippines’ New Horizons,” a list of destinations that are fast growing in popularity. The list, which compares year-on-year search data, highlights emerging destinations that have seen significant growth in interest from both domestic and international travelers. Bohol tops the list with an impressive 72% increase in searches, followed […].....»»
Moody’s outlook: Philippine banks remain on stable footing
Moody’s Investors Service has maintained a stable outlook for Philippine banks as interest rate cuts from the Bangko Sentral ng Pilipinas this year are seen to support economic recovery......»»
PCG: Chinese vessel shadowed Philippines ships in Kalayaan
A Chinese vessel was seen “shadowing” two ships of the Philippine Coast Guard that conducted rotation and resupply missions to their outposts in the Kalayaan Group of Islands in the West Philippine Sea from Jan. 3 to 9, according to the PCG......»»
MSMEs urged to protect IP for market growth
MSMEs urged to protect IP for market growth.....»»
Fueling economic growth
Real estate, particularly residential properties, contributes significantly to this growth due to Davao's geographic viability......»»
Rockwell bullish on sustained growth
Lopez-owned property developer Rockwell Land Corp. expects sustained topline improvement over the next five years with new projects and an expanded land bank supporting its projected growth......»»
Residential, mall growth boost FLI profit
The real estate developer of the Gotianun clan kicked off the year with a 14 percent increase in profit, picking up growth momentum from the residential and mall segments......»»
With clean balance-sheet Indian Banking sector has enough opportunity for growth: K V Kamath
New Delhi [India], May 17 (ANI): India's banking sector is ready and fit to support the growth of India in the coming years highlights KV Kamath, Chairman, National Bank for Financing InfrastructureDevelopment in an interview with ANI. He also pointed out that after the government has solved the problems of NPA (Non-Performing Asset) in India and India's banking sector has come out of the twin balance sheet problem so now.....»»
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.”.....»»
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......»»