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Despite slowdown, traders still upbeat on economy

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Alfredo Yao. PHOTO BY LYN RILLON

Business groups are optimistic that the economy will still hit at least the lower range of the gross domestic product (GDP) target, but said it is crucial that the government further ramp up spending for the country to get back on a stronger growth path.

Posted: November 28th, 2014 in Latest Business Stories | Read More »

GDP target now out of reach

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GDP

This now describes the government’s economic growth target for the year following the release of disappointing third-quarter numbers on Thursday.

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

PSEi down on poor GDP growth

The local stock barometer tumbled sharply on Thursday on news of the country’s weaker-than-expected third-quarter growth performance.

Posted: November 28th, 2014 in Headlines | Read More »

Creative industry a key contributor to PH growth

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Philippine copyright-based industries contributed P661 billion to the local economy, equivalent to about 7.34 percent of the country’s gross domestic product (GDP).

Posted: November 28th, 2014 in Headlines | Read More »

Experts see slower GDP growth in Q3

Most banks and economists believed that the country’s gross domestic product (GDP) in the third quarter grew by at least 6 percent—slower than the 7-percent expansion posted in the same period last year, mainly due to slower government spending.

Posted: November 26th, 2014 in Headlines | Read More »

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