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Indonesia s Prabowo Likely to Keep Close Ties With China
Taipei, Taiwan - Defense Minister Prabowo Subianto, once a fierce critic of China, has emerged as the likely winner of Indonesia's presidential election. His presumed victory, analysts say, is unlikely to lead to any major shifts in the Southeast Asian nation's relations with Beijing.However, concerns about work safety and environmental pollution linked to Chinese investments, as well as Beijing's claims in the.....»»
BSP: Inflation likely eased further in January
Headline inflation likely slowed further for the fourth straight month in January, ranging between 2.8 and 3.6 percent, after easing to a 22-month low of 3.9 percent in December, according to the Bangko Sentral ng Pilipinas......»»
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......»»
Philippines likely missed 2023 growth target
While some economists believe the Philippine economy likely grew faster in the fourth quarter, the overall expansion in 2023 is still expected to fall short of the six to seven percent target penned by the government’s economic managers......»»
BSP governor says February rate cut not likely
In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»
Economy likely grew by 6.2 percent in Q4
The Philippine economy likely posted a faster growth rate in the fourth quarter of 2023 than in the third quarter, supported by gains in the labor market, according to an economist......»»
Inflation likely to continue downtrend – Global Source
Inflation in the country is likely to continue to slow down, but the Bangko Sentral ng Pilipinas is expected to keep the interest rate higher for longer, according to GlobalSource Partners......»»
European markets plunge on new virus strain
European stocks, oil prices, and the pound slumped Monday as a highly infectious strain of coronavirus in Britain had traders seeking shelter.Sterling lost 1.3 percent against the dollar, with the pound also still being hit as a post-Brexit trade deal between Britain and the EU remained out of reach.The euro gained 1.0 percent against the […].....»»
Peso may outperform peer currencies this year
The peso is seen outperforming other currencies in the region this year, but is not likely to strengthen against the dollar due to expectations of delayed rate cuts and the Philippines’ trade deficit, according to British banking giant HSBC......»»
Sectoral FTAs more likely – Romualdez
Philippine Ambassador to the United States Jose Romualdez believes that the Philippines will have more success in securing “sectoral FTAs” than to continue aiming for a broader free trade agreement with the US......»»
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......»»
British Chamber discusses trade, investment opportunities with Philippine Embassy in London
The British Chamber of Commerce Philippines recently paid a courtesy visit to the Philippine Embassy in London to discuss trade and investment opportunities for British companies......»»
Harsh solar realities
I attended my first solar power trade show last Monday and like the glare from the sun, the trade show was a harsh reality for an idealist like me......»»
Baratong gulay, prutas padayon nga gibaligya sa DFTC trade fair
Baratong gulay, prutas padayon nga gibaligya sa DFTC trade fair.....»»
Finance chief floats free trade deal with Canada
Finance Secretary Ralph Recto has floated the potential of a free trade agreement with Canada as he sought more economic and investment opportunities with one of the world’s biggest economies......»»
Free trade counteracts global shocks – ADB
“Free trade and free movement of capital have benefited our region for decades, and this must be the way forward.”.....»»
Marcos hopes for Philippines-EU FTA by 2027
President Marcos is hoping to conclude negotiations for a free trade agreement between the Philippines and the European Union by 2027 that is seen to further boost trade and investments between the country and the EU......»»
Marcos: PH, South Korea to sign free trade pact this year
President Marcos believes that the Philippines and South Korea will approve their free trade agreement (FTA) this year. He also aims for a separate deal to grant duty-free access for certain Philippine products to the South Korean market. The FTA, signed in September 2023 during the Association of Southeast Asian Nations summit in Indonesia, is.....»»
Norway sees stronger economic ties with Philippines
Norway expects trade with the Philippines to continue to rise, supported by an existing free trade agreements (FTAs) and the growing market that will encourage more Norwegian firms to do business in the country......»»
Philippines aggressively pushing free trade deal with US
The Philippines continues to aggressively push for a bilateral free trade agreement with the US, according to the Department of Trade and Industry......»»