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......»»
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 […].....»»
Higher consumption seen to drive GDP growth faster
The Philippine economy is expected to grow at a faster pace this year with the record-high employment and lower inflation likely to support consumption spending, according to First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) Capital Markets Research......»»
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.....»»
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......»»
NEDA Optimistic on Economic Growth in the PH for 2024
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»
ADB cuts Philippines growth outlook to 6% in 2024
The Asian Development Bank has trimmed its growth forecast for the Philippines for this year, citing risks posed by extreme weather events that can drive up inflation and the slower growth in advanced economies......»»
Double-digit growth in bank lending seen this year
The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»
China, Not Russia, Still Tops List of Threats to US
WASHINGTON - Russia's war in Ukraine - portrayed by top U.S. officials as posing a danger to the United States itself - still trails China when it comes to long-term threats to America's security, according to a top Pentagon official.The warning from Ely Ratner, the Defense Department's assistant secretary for Indo-Pacific security affairs, comes in testimony prepared for a hearing Wednesday by the House Armed S.....»»
Sarah sa pagiging ina: It’s really a balancing act everyday
AMINADO ang celebrity mom na si Sarah Lahbati na hindi naging madali ang kanyang journey bilang ina. Sa kanyang interview kay Dyan Castillejo sa “On Cue” ibinahagi niya ang mga naranasan nang maging mommy siya sa edad na 20. “I was a very young mom, obviously that comes with challenges and difficulties, but it also comes.....»»
How to Avoid Being a One-Day Millionaire When Payday Comes
Filipinos are known for going all-out on payday. Some defend it as a cause for celebration and the perfect opportunity to splurge on indulgences because we worked hard and we should reward ourselves. We all love immediate gratification. However, the phenomenon of being a “one-day millionaire” when payday comes can lead to financial instability and […].....»»
Beauty comes from within : Bea Alonzo shares beauty tips amid breakup with Dominic Roque
Actress Bea Alonzo believes in the old adage that the beauty that matters most comes from the inside......»»
Bagonhon walkathon medalist at UAAP comes home
Bagonhon walkathon medalist at UAAP comes home.....»»
Remolona sees 5.9 percent GDP this year
The Philippine economy is likely to grow at a faster pace this year, but it would still be below the government’s goal of six to seven percent as rate hikes continue to constrict demand, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»
Grab contributes up to 0.3 percent to GDP – study
Ride-hailing giant Grab Philippines contributes as much as 0.3 percent to the economy, as a peso spent on the platform generates an additional P3.42 in output, according to a recent report......»»
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......»»