CLARK, Pampanga -- An economist of Barclays forecasts continued widening of the Philippines’ current account deficit to above two percent of gross domestic product (GDP) as the country imports more to meet...
CLARK, Pampanga -- An economist of Barclays remains optimistic about an above six percent expansion for the Philippine economy in 2018 amid risks from elevated inflation.
In a briefing at the sidelines of...
MANILA -- The Asian Development Bank’s (ADB) chief economist remains optimistic the Philippine economy will sustain its growth momentum on strong domestic demand and public and private investments, despite rising inflation.
“If you...
MANILA -- Malacañang on Tuesday welcomed a report released by credit rater Fitch rating saying the Philippines maintains a generally “favorable growth outlook.”
“In its report for the third quarter, Fitch noted that...
MANILA -- The inflation surge coupled with typhoon devastation are only temporary setbacks for the Philippine economy and its poverty reduction program, Socioeconomic Planning Secretary Ernesto Pernia said Tuesday.
In a press conference...
MANILA -- The Philippine peso is expected to recover when remittances from overseas Filipino workers (OFWs) peak by December this year, Malacañang said on Tuesday.
Presidential Spokesperson Harry Roque made this remark in...
