Credit to Author: The Manila Times| Date: Thu, 04 Apr 2019 04:38:04 +0000
THE Philippine Statistics Authority (PSA) on Thursday revised the fourth quarter of 2018 economic growth to 6.3 percent from the previous 6.1 percent. “Major contributors to the upward revision were…READ
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Read moreCredit to Author: ANNA LEAH E. GONZALES| Date: Tue, 05 Feb 2019 01:43:14 +0000
INFLATION slowed down to 4.4 percent in January from 5.1 percent in December, the Philippine Statistics Authority (PSA) reported on Tuesday. Last month’s result was the lowest since April 2018…READ
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The closure of Boracay, high prices and tighter mining regulations weighed down the country’s economic expansion in the second quarter to 6 percent year-on-year, or below expectations, the government’s top economist said on Thursday.
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Read moreSWISS investment bank UBS kept its economic growth forecast for the Philippines this year but trimmed its projection for 2019 due to the possible impact of the trade wars on the Association of Southeast Asian Nations (Asean). In a report released on Wednesday, UBS said the Philippine gross domestic product should still grow by 6.8 percent […]
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Read moreDEBT watcher Fitch Ratings affirmed the Philippines’ “BBB” lower medium investment grade rating with a stable outlook. “The Philippines’ sovereign ratings balance a favourable growth outlook, government debt levels that are below peer medians, a net external creditor position and policies geared towards maintaining macro[economic]stability against lower income per capita and weaker governance and business […]
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