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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 »

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 »

German startup aims to be top in online real estate

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The Philippine unit of online real estate marketplace Lamudi is aiming to be the country’s top go-to website among property sellers and buyers within the year, on the back of a robust property sector as well as growing mobile Internet penetration here.

Posted: March 24th, 2014 in Headlines,Inquirer Features | Read More »

Businessmen upbeat for 2014

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Majority of senior business executives belonging to the Makati Business Club see brighter prospects for the Philippine economy this year, with expectations of a sustained gross domestic product (GDP) growth and higher exports and investments.

Posted: March 21st, 2014 in Editor's Pick,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 »

FDIs increase by 20% in 2013

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AP FILE PHOTO

Long-term foreign investments in the Philippines surged in 2013 amid the confidence toward the booming domestic economy, allowing the country to gain some ground from its richer neighbors.

Posted: March 10th, 2014 in Latest Business Stories | Read More »

PSEi manages modest gain amid sluggish regional markets

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pse03102014

The local stock barometer modestly gained on Monday on improved investor sentiment even as most other markets in the region were weighed down by sluggish data out of China and Japan.

Posted: March 10th, 2014 in Latest Business Stories | Read More »

Filipino investors most optimistic in Asia, says Manulife

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Philippine investors were tagged as the most optimistic in all of Asia despite volatile market conditions as of the end of last year, with overall sentiment getting a boost from solid economic growth.

Posted: March 10th, 2014 in Headlines | Read More »

JP Morgan raises 2014 growth forecast for PH

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American financial services giant JP Morgan sees the Philippine economy expanding at a faster clip than it previously expected this year, supporting local stock market resilience despite currency weakness, an inflation spike and heady valuation.

Posted: February 24th, 2014 in Headlines | 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 »

Gov’t to focus on exports following 2013 economic gain – Palace

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Communications Secretary Herminio Coloma. INQUIRER FILE PHOTO

The recent success of the country in the Gross Domestic Product race in Asia has been second only to superpower China.

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

OFW remittances to increase by 8.5% in 2014—Standard Chartered

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AFP FILE PHOTO

Overseas remittance flows to the Philippines will likely expand at a faster pace of 8 to 8.5 percent in 2014 on improved global growth prospects and post-supertyphoon “Yolanda” (Haiyan) reconstruction, according to the British bank Standard Chartered.

Posted: January 13th, 2014 in Latest Business Stories | Read More »

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