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......»»
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......»»
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.......»»
BSP seen defending peso at below 58:$1
The peso has been a “clear laggard” among Asian currencies against the dollar recently, which may prompt the Bangko Sentral ng Pilipinas (BSP) to defend the local unit and keep it below the 58 to $1 level, according to British banking giant HSBC.....»»
Angat water level below normal
Angat water level below normal.....»»
Angat water level below normal
Angat water level below normal.....»»
Angat water level below normal
Angat water level below normal.....»»
Angat water level below normal
Angat water level below normal.....»»
Angat water level below normal
Angat water level below normal.....»»
Angat water level below normal
Angat water level below normal.....»»
Angat water level below normal
Angat water level below normal.....»»
Angat water level below normal
Angat water level below normal.....»»
Angat’s water to hit below minimum level in June
The water elevation in Angat Dam dropped to 200.05 meters yesterday and may go down below its minimum operating level of 180 meters in June due to the El Niño phenomenon, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»
Market tumbles below 6,800 amid profit taking
The stock market fell below the 6,800 level yesterday as investors continued to engage in profit taking following its recent rally......»»
Landbank continues to waive transfer fees below P1,000
In an advisory, Landbank said it will continue to waive fees for fund transfers to other banks sent through InstaPay and PESONet as long as it is below P1,000......»»
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......»»
Philippines FDI net inflows grow by 27.8 pct in November
MANILA, Feb. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 27.8 percent in November 2023 to reach 1 billion U.S. dollars, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the November figure brought the country's FDI net inflows from January to November 2023 to 7.6 billion dollars, 13.3 percent lower than the 11 months in 20.....»»
Philippines FDI net inflows grow by 27.8 pct in November
MANILA, Feb. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 27.8 percent in November 2023 to reach 1 billion U.S. dollars, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the November figure brought the country's FDI net inflows from January to November 2023 to 7.6 billion dollars, 13.3 percent lower than the 11 months in 20.....»»
Economy likely grew by 6.2 percent in Q1
The Philippine economy is expected to have posted a 6.2-percent growth in the first quarter supported by gains in the labor market and manufacturing, as well as government spending, according to First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P)......»»
BSP hits 50 percent target in digitized payments
The Bangko Sentral ng Pilipinas managed to hit its goal of shifting half of total retail payments to digital channels in 2023, with more small businesses likely to onboard moving forward......»»
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......»»