MANILA, Philippines – The Philippines should cope better than most its peers in the Association of Southeast Asian Nations (Asean) in case of a significant downturn in Chinese economic activity, Moody’s Investors Service said in a report.
Expect the Aquino administration to spend its last two years laying the foundations for “equitable” growth and a higher standard of governance, Malacañang said Saturday.
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MORE investors from the United States are now seriously considering doing business in the Philippines after hearing leading Filipino private-sector figures talk about a country brimming with numerous investment opportunities.
THE country’s gross domestic product (GDP) rate slowed to 5.7 percent in the first quarter of this year, a development ascribed to the effects of Supertyphoon Yolanda (international code name Haiyan).
MANILA, Philippines – The Philippines is projected to grow faster than the entire Southeast Asian region over the next two decades, to be supported by manufacturing, business process outsourcing, construction, transportation and logistics, and information and communications, according to financial advisory services firm Deloitte Touche Tohmatsu Ltd. (Deloitte Global).
MANILA, Philippines – The Philippines is expected to become a trillion-dollar economy by 2030, driven by the information technology-business process outsourcing (IT-BPO) sector and the robust inflow of cash remittances from Filipinos abroad, a respected US-based think-tank said yesterday.
Once the region’s perennial economic laggard, the Philippines is seen to stage a major comeback to be one of the top 3 economies in the region by 2030 ONCE A ‘LAGGARD.’ Philippine economy is seen to double in the next decade. File photo of Makati, the Philippines’ premier business districtONCE A ‘LAGGARD.’ Philippine economy is…
The Philippine economy will more than double in the next decade as earnings from overseas workers and business outsourcing surge, a respected US-based think-tank said Monday.
NOMURA, a leading financial services group, said the Philippines is poised to be the strongest-performing Southeast Asian economy, expecting gross domestic product (GDP) growth to accelerate to 6.8 percent next year, from 6.7 percent this year.
The Philippines will post the fastest growth among the five largest economies of the Association of Southeast Asian Nations over the next two years, the International Monetary Fund said Monday.
The Philippine economy will likely grow the fastest among the ASEAN-5 nations this year and next, the International Monetary Fund (IMF) said in a regional economic report.
MANILA, Philippines – Manila is among the world’s emerging cities likely to progress in the next two decades, according to a study by US-based consulting firm A.T. Kearney Inc.
MANILA, Philippines – Manila is among the world’s emerging cities likely to progress in the next two decades, according to a study by US-based consulting firm A.T. Kearney Inc.
MANILA, Philippines – The economy will be able to absorb any adjustments in monetary policy settings as potential capacity has already gone up, a Bangko Sentral ng Pilipinas official said.
Most indicators show economy remains robust – BSP MANILA, Philippines – The robust economic growth achieved by the country is expected to be sustained in the first quarter, the Bangko Sentral ng Pilipinas said.
IMF sees uneven performance in the region MANILA, Philippines—Growth in Southeast Asia is expected to slump this year as the region struggles to keep up with the recovery of the rest of the continent, a new report by the International Monetary Fund (IMF) said.
MANILA, Philippines – The International Monetary Fund (IMF) cut its projection for world economic growth as global activity slowed in the first quarter.
The Asian Development Bank (ADB) said the country’s local output growth, measured as the gross domestic product (GDP), could prove above 6 percent until 2015, according to an ADB Outlook (ADO) report for 2014.
PARIS – The Philippines, Indonesia, Bangladesh and Ethiopia are among 10 countries set to take over as emerging economies from the powerful BRICS nations as they struggle with growing pains, a French credit body said on Tuesday.
BUSINESSMEN expect the economy to sustain last year’s growth on the back of higher investments, exports, and imports, the Makati Business Club (MBC) yesterday said.
PHILIPPINE economic growth could slow to 5.8% this year, Moody’s Analytics yesterday said, in line with projected sluggishness in other Asia-Pacific countries as downside risks within and outside the region persist.
MANILA, Philippines – The country’s retail industry may see a boost once the Association of Southeast Asian Nations (ASEAN) regional economic integration begins next year.
MANILA, Philippines – The World Bank (WB) has revised its economic growth targets for the Philippines this year from 6.7 percent to a slightly slower 6.6 percent.
Around 700,000 college graduates will enter the labor force starting next week, thus raising the spectre of more and more people going jobless, the Trade Union Congress of the Philippines said on Thursday.
Local firms anticipate employment opportunities to remain steady, albeit at a slightly lower level in the April-to-June period, the Bangko Sentral ng Pilipinas (BSP) said.
A VISITING Fitch Ratings team flagged the sustainability of the country’s over 7% growth as a concern and left without a clear signal as to whether the latest annual review will yield another upgrade anytime soon, policy makers said over the weekend.
Boost to come from higher infra spending, consumption MANILA, Philippines—The Philippine economy is seen to expand by 7.5 to 8 percent this year, driven largely by the expected increase in the government’s infrastructure spending and continued robust consumption, according to the Metrobank-led First Metro Investment Corp. (FMIC).
PRESIDENT Aquino’s confidence that there is no risk of overheating in Southeast Asia’s fastest-growing economy isn’t reflected in the country’s bond market. Sovereign peso notes fell 5 percent in three months in local-currency terms, the most among 32 emerging-market indexes tracked by Bloomberg, while the Philippines currency dropped 2 percent against the dollar. Inflation quickened…
MONEY, investments and almost every other decision we make in life are based on our perception of reality, not on reality itself. You married your spouse because of your perception that he or she is the best person to spend the rest of your life with. You bought that new shirt and pair of shoes…