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Slower September inflation to boost 2nd half GDP, says DOF

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Bangko Sentral ng Pilipinas.  INQUIRER.net file photo

The lower inflation rate posted in September augurs well for the economy, which needs to expand faster in the second half in order to reach the 6.5-7.5 percent growth target for 2014, according to the Department of Finance’s chief economist.

Posted: October 9th, 2014 in Latest Business Stories | Read More »

PH ranked 5th biggest in Asean as of end-2013

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GDP growth

The Philippines emerged as the fifth biggest economy among the 10-member states of the Association of Southeast Nations in 2013, based on the country’s gross domestic product (GDP) at current prices which stood at $269 billion, data from the Asean showed.

Posted: August 30th, 2014 in Headlines,Latest Business Stories | Read More »

Philippine economy grew by 6.4 percent in Q2–Neda

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GDP growth

The Philippine economy posted a 6.4 percent growth in the second quarter, making the country the second fastest growing economy in the Asian region after China, the National Economic Development Authority (Neda) said Thursday.

Posted: August 28th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Stronger economy in Q2 seen

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AFP FILE PHOTO

The Philippine domestic economy likely picked up pace in the second quarter ranging between 5.9 percent and 6.3 percent year on year on the back of robust consumer spending, economists from the country’s three largest banks said.

Posted: August 28th, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

2nd quarter GDP growth seen at 6.2%

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SCREENGRAB from www.moodys.com

Improvements in factory output and external trade numbers likely fueled faster economic growth in the second quarter of the year, research firm Moody’s Analytics said.

Posted: August 23rd, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

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