GDP likely grew 4.9% in Q3 — poll
PHILIPPINE economic growth likely picked up in the third quarter amid a recovery in government spending, although elevated inflation and high interest rates may...
NG gross borrowings slump in Sept.
THE NATIONAL Government’s (NG) gross borrowings fell in September, mainly due to a decline in domestic debt, the Bureau of the Treasury (BTr) reported.
Data...
Short selling debuts in PHL after a 27-year wait
AFTER a nearly three-decade wait, traders will finally be able to short-sell stocks in the Philippines.
A total of 52 stocks and one exchange-traded fund,...
PHL on track to hit medium-term targets — Diokno
THE PHILIPPINES is on track to achieve its growth and fiscal targets in the Medium-Term Fiscal Framework (MTFF) due to the “better-than-expected” revenue and...
Greenhouse gas emissions from PHL land transport to quadruple by 2050
GREENHOUSE GAS (GHG) emissions from the land-based transport sector in the Philippines are projected to quadruple by 2050, the World Bank said.
“Economic and population...
Philippine factory activity rises in October
PHILLIPINE factory activity continued to expand in October, driven by an increase in new orders and production, S&P Global said on Friday.
Marcos hands over agri secretary post to fishing magnate
President Ferdinand R. Marcos, Jr. has resigned from his additional role as Agriculture secretary and named a fishing tycoon to take over during a time of high food prices.
Inflation likely eased in October — poll
HEADLINE INFLATION likely eased to below 6% in October due to lower prices of some food items and a rollback in pump prices, analysts said.
Agricultural output may have contracted in Q3
THE PHILIPPINES’ overall agricultural output likely shrank in the third quarter as bad weather affected crop production and farmers grappled with rising costs, analysts...
Maybank projects 5.2% GDP growth for PHL this year
THE PHILIPPINE ECONOMY is unlikely to reach the government’s 6-7% growth target this year, although it is still expected to be the fastest-growing economy...
PHL trade in goods seen to remain weak until yearend
THE GROWTH in Philippine exports and imports will likely remain muted for the rest of the year amid a global economic slowdown and weak external demand, according to the World Bank.
BSP sees Oct. inflation at 5.1-5.9%
HEADLINE INFLATION may have eased to 5.1-5.9% in October as prices of fuel and key food items dropped, the Bangko Sentral ng Pilipinas (BSP) said late Tuesday.