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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......»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
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......»»
Aloguinsan nabs back-to-back wins in Cabaron hoops
Aloguinsan nabs back-to-back wins in Cabaron hoops.....»»
Bahay is NBTC’s back-to-back No. 1 HS cager
TAGBILARAN CITY, Philippines — Cebuano star point guard Jared Bahay never ceases to amaze, as the National Basketball Training Camp (NBTC) recently named him the back-to-back No. 1 ranked high school basketball player in the Philippines. This announcement was made by the NBTC through its social media page, alongside the list of the top 25.....»»
Mac Tallo spearheads Alicia KSB in back-to-back wins in cash-rich Araw ng Sibugay cage wars
CEBU CITY, Philippines — Alicia KSB Glass is rampaging in the 2nd Gov. Ann K. Hofer-23rd Araw ng Sibugay Invitational Basketball Tournament after logging back-to-back victories. After losing to the National University (NU) Bulldogs in their first game last February 14, the veterans of Alicia KSB, headed by ex-PBA cager Mac Tallo, defeated the reigning.....»»
San Miguel income soars to P44.7 billion in 2023
Diversified conglomerate San Miguel Corp. expects to sustain its growth momentum this year after earnings soared in 2023 on the back of significant volume growth across its key businesses......»»
PLDT back on growth track, doubles profit to P26.61 billion
Telco leader PLDT Inc. returned to growth mode in 2023 as its profit doubled from a year ago, as it cleaned up the P33-billion budget overrun that messed up its balance sheet in 2022......»»
Metro Pacific charts stronger growth path
Conglomerate Metro Pacific Investments Corp. is charting a stronger growth path on its first year back as a private company following its delisting from the stock market late last year......»»
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......»»
Philippine economy growth may reach 6-7 pct in 2023: Marcos
© Provided by Xinhua With robust growth, better management of overall inflation, and a decrease in unemployment rates, the Philippines has "gotten back on its feet from the reeling effect of the pandemic and the subsequent shocks," Philippine Preside.....»»
Philippine economy growth may reach 6-7 pct in 2023: Marcos
© Provided by Xinhua With robust growth, better management of overall inflation, and a decrease in unemployment rates, the Philippines has "gotten back on its feet from the reeling effect of the pandemic and the subsequent shocks," Philippine Preside.....»»
Rice tariff collections hit P30 billion in 2023
Tariff collections from 3.6 million metric tons of rice imports likely reached a record P30 billion in 2023 on the back of a weaker peso and higher global grain prices......»»
Philippines to showcase tourism offerings at Arabian Travel Market, Seoul Int’l Travel Fair 2024
The Department of Tourism and its marketing arm, Tourism Promotions Board, are set to lead the delegation who will spotlight Philippines' tourism offerings in back-to-back travel and trade events this month......»»
Charter change could bring back dictatorship, intensify rights abuses — survivor
For Medy De Jesus, 74, a martial law survivor and member of human rights group Hustisya, the impending charter change could bring back another dictatorship and more human rights violations. The post Charter change could bring back dictatorship, intensify rights abuses — survivor appeared first on Bulatlat......»»
Foreign operations carry ICTSI back to growth mode
International Container Terminal Services Inc. of tycoon Enrique Razon Jr. shipped itself back to expansion mode, as profit rose by 36 percent in the first quarter of the year......»»
Philippines to lead growth in ASEAN+3
The Philippines is expected to post the fastest economic growth in the Association of Southeast Asian Nations Plus 3 this year and the next, according to the ASEAN+3 Macroeconomic Research Office......»»
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......»»