ADB cuts PH growth forecast for 2023
By Ronnel W. Domingo, September 20, 2023; Inquirer https://business.inquirer.net/422038/adb-cuts-ph-growth-forecast-for-2023 MANILA – The Asian Development Bank revised downward its gross domestic […]
Moody’s Analytics sees August inflation at 4.8%
By Cai U. Ordinario, September 5, 2023; Business Mirror https://businessmirror.com.ph/2023/09/05/moodys-analytics-sees-august-inflation-at-4-8/ Moody’s Analytics expects the country’s inflation rate to average 4.8 […]
NEDA: Cap on rice prices only temporary to address high costs, hoarding
By Gaea Katreena Cabico, September 3, 2023; Philippine Star https://www.philstar.com/headlines/2023/09/03/2293567/neda-cap-rice-prices-only-temporary-address-high-costs-hoarding Manila, Philippines — The imposition of a price cap on […]
Gross borrowings hit P1.4T in 1st half
By Luisa Maria Jacinta C. Jocson, August 28, 2023; Business World https://www.bworldonline.com/top-stories/2023/08/28/541798/gross-borrowings-hit-p1-4t-in-1st-half/ The National Government’s (NG) gross borrowings rose nearly a […]
PBBM, PSAC tackle plans to create over 2M direct jobs by 2028
By Ruth Abbey Gita-Carlos, August 18, 2023; Philippine News Agency https://www.pna.gov.ph/articles/1208078 MANILA – President Ferdinand R. Marcos Jr. and the Private […]
Growth target still achievable, says NEDA
By Louella Desiderio, August 16, 2023; The Philippine Star https://www.philstar.com/business/2023/08/16/2288891/growth-target-still-achievable-says-neda#:~:text=During%20the%20Development%20Budget%20Coordination,year%20is%20still%20within%20reach. Manila, Philippines — The government’s economic growth target for the […]
Increased gov’t spending to spur economic growth – ECOP chief
By Ruth Abbey Gita-Carlos, August 11, 2023; Philippine News Agency https://www.pna.gov.ph/articles/1207629 MANILA — Employers Confederation of the Philippines (ECOP) president Sergio […]
Economic cluster assures House: PH getting closer to medium-term growth goals
By Gabriel Pabicu Lalu, August 10, 2023; Inquirer.Net https://newsinfo.inquirer.net/1814881/fwd-economic-cluster-assures-house-ph-getting-closer-to-medium-term-growth-goals MANILA, Philippines — The Philippines has been getting closer to the […]
Gov’t committee mobilized for ‘A’ credit rating
By Ronnel W. Domingo, August 7, 2023; Philippine Daily Inquirer https://business.inquirer.net/414401/govt-committee-mobilized-for-a-credit-rating The government’s economic team wants national agencies in lockstep […]
July inflation eased to 16-month low of 4.7%
By Julito G. Rada, August 4, 2023; Manila Standard https://www.manilastandard.net/business/314356874/july-inflation-eased-to-16-month-low-of-4-7.html Inflation in July 2023 eased to a 16-month low of […]