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Property prices slow in Q4

The growth in property prices has been sustained for 10 straight quarters, albeit at a slower pace in the fourth quarter last year, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMar 28th, 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

Gov t cuts growth target to 6%-7% — NEDA

In a press briefing with the members of the press on Thursday, Balisacan said that the country's economic growth target had been revised following a careful consideration of factors such as the global economic slowdown, rising oil prices and inflation trends......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

Recto sees ‘realistic’ 6-6.5 percent growth for Philippines

Finance Secretary Ralph Recto is looking at a “more realistic” economic growth of at least six to 6.5 percent for this year, with medium-term economic expansion likely to be tempered as well......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Philippines-Australia business deals seen to fuel economic growth

The business deals signed recently between the Philippines and Australia will help ensure economic growth and security in the Philippines, an international think tank said......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

‘Philippine banks to ride wave of robust economic growth’

The projected robust economic growth this year could shape up into a better year for Philippine banks, S&P Global Ratings said......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Moody’s Analytics sees below 5 percent GDP in Q4

Philippine economic growth likely slowed to below five percent in the final quarter of 2023 on the back of softer global economic growth, according to Moody’s Analytics......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Government sticks to 6.5-7.5 percent growth target for 2024

Despite global and domestic headwinds, the government is still aiming to attain a 6.5 to 7.5 percent economic growth for this year, according to National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Xinhua world economic news summary at 0830 GMT, Jan. 18

DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»

Category: newsSource:  manilanewsRelated NewsJan 18th, 2024

IP use in ecozones promoted

The Intellectual Property Office of the Philippines has partnered with the Philippine Economic Zone Authority to promote the use of the intellectual property system in ecozones......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Dot Property Southeast Asia Awards 2023 celebrates foremost developers, projects and agencies

The Southeast Asia real estate market currently faces challenges in the face of the global economic environment and tightening access to finance, however, the winners at this eighth annual Dot Property Southeast Asia Awards were celebrated in recognition of their resilience and adaptability to both the evolving needs of home seekers and the surrounding market conditions......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Philippine agricultural sector grows 1.2 pct in 2023

MANILA, Feb. 2 (Xinhua) -- The Philippine agriculture sector grew by 1.2 percent in 2023, driven by higher poultry and livestock production, increased fruit harvest and record rice output, the Philippines' Department of Agriculture (DA) said Friday. "Agriculture has contributed positively to the growth of the economy last year. But certainly, we could do more," Agriculture Secretary Francisco Tiu Laurel said......»»

Category: lifestyleSource:  abscbnRelated NewsFeb 3rd, 2024

Philippine agricultural sector grows 1.2 pct in 2023

MANILA, Feb. 2 (Xinhua) -- The Philippine agriculture sector grew by 1.2 percent in 2023, driven by higher poultry and livestock production, increased fruit harvest and record rice output, the Philippines' Department of Agriculture (DA) said Friday. "Agriculture has contributed positively to the growth of the economy last year. But certainly, we could do more," Agriculture Secretary Francisco Tiu Laurel said......»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Top Industries for New Investors: A Beginner’s Handbook

Starting your investment journey is thrilling yet challenging. To guide you, focus on your goals, risk tolerance, and market trends. Success starts with picking the right industries. Explore these three beginner-friendly options for a solid start. 1. Technology Sector The tech sector, with companies like Apple and Amazon, offers growth potential. Spread your bets to […].....»»

Category: newsSource:  metrocebuRelated NewsJan 17th, 2024

What to consider when investing in condos in 2024

The Philippine property sector, marked by its perpetual dynamism, anticipates a propitious run in 2024. This buoyant outlook is primary driven by the real estate industry’s resilience even in the face of economic downturns......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Philippines mining sector eyes growth with govt s plans

The move, according to Environment chief Ma. Antonia Yulo-Loyzaga, is part of a larger initiative to boost the industry in the face of the global shift towards green energy......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 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

Philippines, IRRI ink MOU to boost rice output

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

Philippines, IRRI ink MOU to boost rice output

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

Digital banks post significant deposit, loan growth in 2023

The digital banking sector has recorded a significant growth in total deposits and loans in 2023 compared to a year ago, as consumers looked for more accessible and user-friendly financial services......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024