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IMF lowers growth forecast for PH

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Shanaka Jayanath Peiris. Photo from https://www.imf.org/external/country/PHL/rr/

The Inyernational Monetary Fund (IMF) has slashed its growth forecast for the Philippines, citing global risks, as well as the slowdown in state spending that may extend the country’s first quarter slump all the way to June.

Posted: July 26th, 2014 in Editor's Pick,Headlines | Read More »

Moody’s lowers 2014 growth forecast for PH

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Moody’s Investor Service has cut its growth forecast for the Philippines following the country’s stunted first-quarter expansion and the recent failure of the government to keep spending up to pump prime the previously surging domestic economy.

Posted: July 23rd, 2014 in Headlines | Read More »

ADB cuts Asean growth forecast

Projected growth for Southeast Asia’s major economies has been cut for this year amid slumps in Vietnam and Indonesia and political unrest in Thailand, the Asian Development Bank (ADB) announced Friday.

Posted: July 19th, 2014 in Headlines | Read More »

Credit Suisse lowers PH growth forecast for 2014

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Zurich-based financial group Credit Suisse has tempered its 2014 economic growth forecast for the Philippines on expectations of a “subdued” second quarter performance as suggested by disappointing export receipts in April.

Posted: June 13th, 2014 in Editor's Pick,Headlines | Read More »

JP Morgan cuts growth forecast for PH

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American financial services giant JP Morgan Chase has tempered its 2014 economic growth forecast for the Philippines after first-quarter results fell below expectations and turned out to be the slowest pace of expansion in 10 quarters.

Posted: June 4th, 2014 in Editor's Pick,Headlines | Read More »

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