Economy

October inflation flat at 6.7%

MANILA -- Inflation in October held steady at 6.7 percent, unchanged from the previous month’s level, leading the Bangko Sentral ng Pilipinas (BSP) to state that it may have finally peaked, as...

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...

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