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World Bank sticks to PH growth forecast of 6.6% in 2014

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Screengrab from www.worldbank.org

The Philippine economy’s growth is expected to slow down by six-tenths of a percent this year as damage to key provinces caused by super typhoon “Yolanda” (international name: Haiyan) late in 2013 weighs on business activity and consumer demand.

Posted: April 7th, 2014 in Latest Business Stories | Read More »

ADB: Asian growth to pick up even as China slows

Growth-sign

The Asian Development Bank predicts growth in developing Asia will edge higher thanks to the recovery in rich countries even as China slows.

Posted: April 1st, 2014 in Latest Business Stories | Read More »

IMF raises PH growth forecast to 6.5%

FILE PHOTO

The International Monetary Fund on Wednesday raised its 2014 economic growth forecast for the Philippines to 6.5 percent, up from its January projection of 6.3 percent, with typhoon reconstruction expected to boost the economy.

Posted: March 26th, 2014 in Latest Business Stories | Read More »

S&P sees 2014 growth at 6.6 percent

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AP FILE PHOTO

The Philippine economy is expected to grow by at least 6 percent for the next three years on the back of global recovery in demand for exports and the sustained boom of the local business process outsourcing sector.

Posted: March 26th, 2014 in Latest Business Stories | Read More »

PH in for slower growth in 2014, says Moody’s

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The Philippines and the rest of Asia Pacific may see economic growth decelerate this year amid increasingly challenging conditions within and outside the region.

Posted: March 21st, 2014 in Headlines | Read More »

MBC sees bright prospects for PH economy in 2014

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MBC executive director Peter Perfecto. Photo from http://www.mbc.com.ph

Majority of senior business executives belonging to the Makati Business Club see brighter prospects for the Philippine economy in 2014, with expectations of a sustained GDP growth and higher exports and investments.

Posted: March 20th, 2014 in Latest Business Stories | Read More »

Neda updates strategies to generate jobs

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Economic Planning Secretary Arsenio Balisacan: There is need to improve the skill sets of the poorest families. INQUIRER FILE PHOTO

Admitting that economic growth alone was not “sufficient” to reduce poverty, Socioeconomic Planning Secretary Arsenio Balisacan laid down, on Monday, the government’s “updated” strategies to ultimately achieve inclusive growth.

Posted: February 17th, 2014 in Latest Business Stories | Read More »

PH remains attractive, says expert

The Philippines’ young population and its reform-minded government that is bent on pushing for further improvements in the country’s finances are among the reasons the local economy should continue to outshine other emerging markets in the coming years, according to a London-based think tank.

Posted: February 9th, 2014 in Headlines | Read More »

BPI sees slower growth in ’14

Economic growth is expected to slow down slightly this year despite the lofty target set by the Aquino administration as the country struggles to move to a higher growth trajectory.

Posted: January 31st, 2014 in Headlines | Read More »

PH growth story earns rave reviews from traders

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The business community Thursday came out with glowing appraisals of the Philippine economy’s “expected strong finish” but, in the same breath, it urged the government to carry out critical measures to sustain and “further our growth trajectory.”   The Philippine economy reportedly grew by 7.2 percent in 2013, higher than most expectations from the government [...]

Posted: January 31st, 2014 in Headlines | Read More »

PH economy seen growing by 7% this year

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FMIC

The Philippine economy is likely to grow by at least 7 percent this year, aided by additional spending for post-Supertyphoon “Yolanda” reconstruction, First Metro Investment Corp. said Monday.

Posted: January 6th, 2014 in Latest Business Stories | Read More »

NEDA: Growth to slow down through Q1

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The country’s growth will continue to be slow because of Supertyphoon “Yolanda,” the effects of which will be felt through the first quarter of 2014, said the National Economic and Development Authority.

Posted: December 26th, 2013 in Editor's Pick,Headlines | Read More »

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