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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......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

‘Philippines elevating to upper-middle income status next year’

The Philippines remains on track to become an upper-middle income economy in 2025, even as the government trimmed its economic growth target for this year, according to the National Economic and Development Authority......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

Analysts paint rosier economic picture for 2024

The country’s strong economic growth is likely to be sustained this year on the back of rising exports and robust private consumption, according to the Department of Trade and Industry as well as private banks......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

NEDA Chief: More reforms needed to unlock full benefits of Cha-cha

MANILA, Philippines  —Socioeconomic Planning Secretary Arsenio Balisacan on Saturday reiterated his support for the proposed amendments particularly to the restrictive economic provisions of the Constitution. Those changes, the National Economic and Development Authority (Neda) chief said in a statement, are crucial for the economic advancement and competitiveness of the Philippines. Balisacan issued the statement to.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Extreme weather, economic downturn top risks for Philippines – WEF

Extreme weather events, an economic downturn and shortage in energy supply are the top risks seen in the Philippines for the next two years, according to the World Economic Forum......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Government urged to lift ecozone ban in Metro Manila

The government may consider lifting the moratorium on the establishment of economic zones based in Metro Manila in order to spur more economic activity and growth for the entire country, a local official said......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

Economic worries weigh down PSEi

Share prices continued to correct, finishing in negative territory anew yesterday on concerns over economic growth prospects here and in China......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

‘No risk of political reform in economic Cha-cha’

Apprehensions over possible insertion of political reforms like lifting of term limits for elected officials are misplaced since the ongoing economic Charter change in Congress covers only economic provisions, according to former Supreme Court justice Adolfo Azcuna......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Charter change: Only the economic provisions should be included

So much controversy is being unnecessarily generated with this Charter change issue but in reality, changes to the overly protectionist economic provisions in the 1987 Constitution should be debated upon because it hinders the country from realizing its full economic potential......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

[Two Pronged] My mom keeps asking me to send money for my sister’s gambling debts

'Two years ago I said enough was enough and sent money only for my mother’s expenses, no matter how much she asked me to help, no matter how big my sister’s gambling problem seemed. She did not talk to me for two months.'.....»»

Category: newsSource:  rapplerRelated NewsJan 14th, 2024

FEU reinforces UAAP boys’ football dynasty, topples UST for 12th straight crown

FEU-Diliman keeps a tight chokehold on UAAP boys' football supremacy, rolling over final match debutant UST for its 12th straight championship.....»»

Category: newsSource:  rapplerRelated NewsFeb 29th, 2024

FLI bares growth plans for 2024

Gotianun–led property developer Filinvest Land Inc. gears up for growth with a slew of projects set for launch and completion this year......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

Signature campaign for Charter change: ‘Rife with anomalies’

IBON Foundation notes that the logic behind the push for economic Cha-cha is “fundamentally flawed.” “More foreign investment does not mean development,” IBON states, adding that despite the increase in annual foreign investment inflows since the 1980s, this did not translate to growth and development for the Philippine economy. The post Signature campaign for Charter change: ‘Rife with anomalies’ appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 5th, 2024

Rain or Shine keeps hot streak

Rampaging Rain or Shine turned things around in the fourth quarter to frustrate its former player Rey Nambatac and Blackwater, 110-103, for its third straight win in the PBA Philippine Cup yesterday as the league marked a historic return to the Ninoy Aquino Stadium......»»

Category: sportsSource:  philstarRelated NewsApr 7th, 2024

Last-hole birdie keeps Saso in match play mix 

Yuka Saso checked a potential slide with a clutch birdie on the par-5 18th, salvaging a 74 and tying for seventh place after 36 holes of stroke play battle in the T-Mobile Match Play in Las Vegas......»»

Category: sportsSource:  philstarRelated NewsApr 5th, 2024

ALA keeps on punchin’

Meeting up with Tony Aldeguer, respected owner of the once-thriving ALA Boxing stable, was a highlight of my visit here for the EASL Final Four last weekend. It’s been years since we’ve seen each other and in between game days, Tony motored close to 1 1/2 hours to take me to lunch......»»

Category: sportsSource:  philstarRelated NewsMar 13th, 2024

Amid hot stretch, UST ace rookie Poyos keeps eyes on the prize

UST star rookie Angge Poyos isn’t getting ahead of herself as she’s consistently strung together big games for the Golden Tigresses, who have gone 5-0 in the UAAP Season 86 women's volleyball tourney......»»

Category: sportsSource:  philstarRelated NewsMar 10th, 2024

Ando keeps fire burning

Elreen Ando bagged a pair of silver medals in the Asian Weightlifting Championships in Tashkent, Uzbekistan last Monday and pressed her drive for a berth to this year’s Paris Olympics......»»

Category: sportsSource:  philstarRelated NewsFeb 6th, 2024