by Lawrence Agcaoili (The Philippine Star), 12 Feb 2020 MANILA, Philippines — Fitch Ratings revised the outlook of the Philippines to positive from stable, signaling a better chance for the country to get another credit rating upgrade within the next 12 to 18 months.
Morgan Stanley cites smaller trade, tourism link By: Doris Dumlao-Abadilla – Reporter, Philippine Daily Inquirer, 11 Feb 2020 The novel coronavirus outbreak is likely to cause a sharp but temporary interruption to first-quarter economic growth in Asian emerging markets, but the Philippines is among those that are less likely to bear the brunt, investment house…
By BusinessMirror, 6 Feb 2020 GLOBAL think tanks and credit watchers agree that the novel coronavirus (nCoV) now wreaking havoc on China and other countries in Asia-Pacific could dent economic growth in the region.
By The Manila Times, 6 Feb 2020 THE 2019-novel coronavirus (2019-nCoV) acute respiratory disease is likely to slow down the Philippine gross domestic product (GDP) growth by 0.3 percent for the whole year, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno revealed on Thursday.
by Mary Grace Padin (The Philippine Star), 5 Feb 2020 MANILA, Philippines — The spread of the 2019 novel coronavirus (nCoV) may create a temporary adverse impact on the local tourism industry as well as the export sector, according to the Department of Finance (DOF).
by Czeriza Valencia (The Philippine Star), 5 Feb 2020 MANILA, Philippines — Despite its immediate impact on tourism and travel, the spread of the novel coronavirus in the country is not expected to slowdown economic growth this year as domestic consumption is still expected to be robust alongside government spending, the country’s chief economist said.
by Czeriza Valencia (The Philippine Star), 3 Feb 2020 MANILA, Philippines — The effect of the spread of the Wuhan coronavirus on industry will be more clearly seen this month with the service sector expected to take the initial impact, said London-based Capital Economics.
By Mayvelin U. Caraballo, TMT, Manila Times, 1 Feb 2020 Amid the 2019 novel coronavirus (2019-nCoV) scare in the country, private analysts have shared the view of the government’s economic managers that the outbreak would only have a minimal impact on Philippine economic growth.
By Joann Villanueva, PNA, 30 Jan 2020 MANILA — Economic managers on Thursday discounted the possible effect of the novel coronavirus (2019-nCoV) on the Philippine economy, citing government measures to address the issue.
Economists cite higher gov’t spending, cut in interest rates By: Ben O. de Vera, Doris Dumlao-Abadilla, Philippine Daily Inquirer, 25 Jan 2020 After economic expansion fell to an eight-year low last year, the Philippine domestic economy is widely seen to expand at a faster pace and return to above-6 percent growth trajectory this 2020, supported…
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by Mary Grace Padin (The Philippine Star), 21 Jan 2020 MANILA, Philippines — Philippine economic growth may likely accelerate to 6.7 percent this year on the back of better public spending and improved global trade, according to Moody’s Analytics.
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By Cai Ordinario, Businessmirror, 15 Jan 2020 THE Duterte administration will not be able to hit the growth targets it has set until 2022, which will also prevent it from achieving an “A” credit rating status, according to a local think tank.
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By CATHERINE S. VALENTE, Manila Times, 17 Nov 2019 The number of adult Filipinos who viewed their lives positively slightly dipped in the third quarter of 2019, according to the latest Social Weather Stations (SWS) survey released on Saturday.
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By: Daxim L. Lucas, Philippine Daily Inquirer, 18 Oct 2019 The Philippine economy remains strong, but may grow below 6 percent next year if current growth dampers will persist, according to the lead economist of the Bank of the Philippine Islands.
Source: Xinhua| 2019-10-10 MANILA, Oct. 10 (Xinhua) — The Philippine economy is projected to grow 5.8 percent this year and 6.0 percent in 2020 and 2021, according to the Philippines Economic Update report released on Thursday by the World Bank.
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The Straits Times/Asia News Network, 19 Sep 2019 While Singapore ranked the highest out of the four Asian nations included in the index, it still placed in the bottom half of the list at No. 13. The Straits Times/Asia News Network
by Mary Grace Padin (The Philippine Star) – Sept 2, 2019 MANILA, Philippines — A Supreme Court (SC) ruling which increases the internal revenue allotment (IRA) share of local government units (LGUs) has been flagged by economic managers as a risk to the country’s fiscal stability.
by Ben O. de Vera, Philippine Daily Inquirer, Jul 26, 2019 No thanks to the delayed implementation of the 2019 national budget and the trade tensions between the United States and China, the International Monetary Fund has slashed by half a percentage point to 6 percent its growth forecast for the Philippines for this year.
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by Lawrence Agcaoili (The Philippine Star) – Apr 25, 2019 MANILA, Philippines — Fitch Ratings has slashed the country’s gross domestic product (GDP) growth forecasts for 2019 and 2020 due to the delayed passage of the 2019 national budget, the series of rate hikes by the Bangko Sentral ng Pilipinas (BSP) and the trade war…
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of Forced Labour and Freedom of Association protocols.
#WearMask #WashHands
#Distancing
#TakePicturesVideos
