PH to miss targets in 2019, 2020, says S&P Global Ratings

Credit to Author: The Manila Times| Date: Wed, 27 Feb 2019 05:36:37 +0000

THE Philippine economic growth will fall below official targets this year and the next on the back of high interest rates and weak external demand, S&P Global Ratings said. In…READ

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Palace blames inflation for missed 2018 GDP growth target

Credit to Author: jespinosa| Date: Thu, 24 Jan 2019 07:28:10 +0000

Last year’s inflation, which hit a new 10-year high, is to blame for the Philippine economy’s slower pace in 2018, Malacañang said Thursday.

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Diokno: PH economy grew likely at at 6.5% in 2018

Credit to Author: The Manila Times| Date: Wed, 16 Jan 2019 05:45:57 +0000

THE Philippine economy likely grew by 6.5 percent in 2018, hitting the lower end of the government’s official target range, Budget Secretary Benjamin Diokno said on Wednesday. “The country’s growth…READ

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US shutdown sends economy into uncharted waters

Credit to Author: jespinosa| Date: Sun, 13 Jan 2019 02:58:51 +0000

This image shows the deserted Terminal G security check point area of the Miami International Airport on January 12, 2018 after it was forced to shut down due to a shortage of security agents sparked by the partial US government shutdown now in its 22nd day. - For three days, from Saturday, January 19th, through Monday, January 14th, Terminal G -- one of six at the airport -- will be closed. (Photo by Gianrigo MARLETTA / AFP)

The US government shutdown on Saturday became the longest in history and is taking a growing bite out of the world’s largest economy with each passing day, economists say.

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