‘Slow China recovery weakening PHL exports’
THE slow recovery of the Chinese economy is affecting the demand for Philippine exports, according to US-based think tank Moody’s Analytics.
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THE slow recovery of the Chinese economy is affecting the demand for Philippine exports, according to US-based think tank Moody’s Analytics.
Better job opportunities paved the way for the highest per capita Gross Domestic Product (GDP) in highly urbanized cities (HUC) outside Metro Manila, according to the Philippine Statistics Authority (PSA).
DEBT service fueled by higher interest rates pushed up the country’s external debt in 2023, according to the latest data released by the Bangko Sentral ng Pilipinas (BSP).
GROWTH of remittances from Filipinos abroad slowed to 2.7 percent in January 2024, according to the latest data from the Bangko Sentral ng Pilipinas (BSP).
THE national government is set to undertake P6.97 trillion worth of infrastructure projects under its Three-year Rolling Investment Program (TRIP), according to the National Economic and Development Authority (Neda).
THE national government will seek private donations to finance the completion of the Pasig River rehabilitation project, according to the Department of Human Settlements and Urban Development (DHSUD).
The country’s Balance of Payments (BOP) could settle at a “higher surplus” compared to initial projections, according to the Bangko Sentral ng Pilipinas (BSP).
FARMGATE prices of palay jumped by 38.6 percent year-on-year in February 2024, according to the latest data released by the Philippine Statistics Authority (PSA).
THE National Economic and Development Authority (Neda) said the use of Artificial Intelligence (AI) is inevitable for the Philippines.
HIGHER temperatures brought by climate change will significantly reduce the country’s GDP growth, according to the latest discussion paper released by the Bangko Sentral ng Pilipinas (BSP).
THE Bangko Sentral ng Pilipinas (BSP) said banks and other BSP-supervised financial institutions (BSFIs) should place the national ID at the top of the list of acceptable government IDs.
HOUSEHOLDS who want to install solar panels in their homes now have another financing option through Security Bank Corp., which recently signed a partnership with Helios Energy Inc., for a solar mortgage program.
The National Economic and Development Authority (Neda) is proposing a new set of metrics that would go beyond the price of infrastructure projects to prevent delays and ensure efficient implementation.
THE government chooses not to rest on its laurels and will continue efforts to boost exports amid the recent rebound in the country’s export growth in January, according to the Department of Trade and Industry (DTI).
THE slower-than-expected global recovery makes a “good case” for the government to revise its growth targets for this year, according to the National Economic and Development Authority (Neda).
THE national government intends to maximize the best traits of Filipino workers in all industries in the drafting of the Trabaho Para sa Bayan plan to boost the Philippine economy in the near- to the long term.
THE national government is now veering away from securing Chinese Official Development Assistance (ODA) when it comes to a number of its infrastructure projects.
GLOBAL uncertainties pushed foreign investors away from Philippine shores as Foreign Direct Investment (FDI) net inflows contracted in 2023, according to the Bangko Sentral ng Pilipinas (BSP).
THE performance of the manufacturing sector is expected to improve in the second half of the year, according to Moody’s Analytics.
BANK lending to both households and corporate borrowers could remain tepid as long as the Bangko Sentral ng Pilipinas (BSP) keeps key policy rates high, according to US-based Global Source Partners.
THE Bangko Sentral ng Pilipinas (BSP) plans to revive the Interest Rate Swaps (IRS) market to help deepen the capital markets.
The Bangko Sentral ng Pilipinas (BSP) advised the public that it has not issued any directive that US dollar “[bank]notes with stamps (money changer) will only be accepted until March 12” or any specified date this year.
The government’s foreign currency debt payments caused the country’s gross international reserves (GIR) to decline in February 2024, according to the Bangko Sentral ng Pilipinas (BSP).
The country’s domestic liquidity reached P17 trillion in January 2024, according to the Bangko Sentral ng Pilipinas (BSP).
Over a million women left the workforce in January as opportunities linked to holiday spending dwindled, according to the latest data from the Philippine Statistics Authority (PSA).
The end of the Christmas holiday spending prompted an increase in the country’s unemployment rate at the start of the year, according to the Philippine Statistics Authority (PSA).
AS the economy is shelled by more supply shocks than before, the Bangko Sentral ng Pilipinas (BSP) admitted that monetary policy has become quite a challenge.
THE country’s manufacturing output posted a four-month high in January 2024, according to latest data released by the Philippine Statistics Authority (PSA).
The National Housing Authority (NHA) released P10.71 million in cash assistance to fire victims in Muntinlupa, Quezon City, Palawan, and Tawi-Tawi.
THE Maybank Investment Banking Group (Maybank IBG) maintained a positive outlook on several Philippine banks, recommending investors to keep these banks in their portfolios.
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