Economy

Forbes cites PH’s record high per-capita GDP under Duterte

MANILA -- The average Filipino is doing better under the administration of President Rodrigo Duterte, according to a report from the Forbes Magazine. Forbes.com contributor Panos Mourdoukoutas based his assessment on a report...

Moody’s eyes 25 bps hike in BSP rates by yearend

MANILA -- Moody’s Analytics projects a further increase of 25 basis points in the Bangko Sentral ng Pilipinas’ (BSP) key policy rates before the end of 2018. In a publication issued Friday, the...

Moody’s Analytics sees 6.3% GDP growth for Q3 ’18

MANILA -- Moody’s Analytics forecasts a 6.3-percent growth of the Philippine economy in the third quarter of 2018 due to better investment and robust domestic demand. This projection is higher than the 6-percent...

Local markets up on slower US GDP report

MANILA – The Philippine financial market began the trading week on a positive note, an apparent windfall from the slow down of the US economy in the third quarter. The Philippine Stock Exchange...

Economist forecasts 6% growth in Q3

MANILA -- An ING Bank NV Manila Branch economist forecasted a 6.3 percent growth in the Philippine economy in the third quarter this year, higher than the 6 percent in the second...

GDP to grow 6.3% in 2018, 7% in 2019: BPI

MANILA -- The Philippine economy is expected to grow by 6.3 percent this year and accelerate close to 7 percent in 2019, underpinned by the government’s infrastructure push as well as election-related...

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