Economy

PH up one spot in WEF Global Competitiveness Report

MANILA -- The Philippines has improved its ranking in the World Economic Forum (WEF) Global Competitiveness Report 2017-2018, placing 56th out of 137 economies in the latest report released Wednesday. The country’s ranking...

ADB maintains PH growth forecast for 2017, 2018

MANILA -- The Asian Development Bank (ADB) has maintained growth forecast for the Philippines for this year and 2018, on the back of the government’s aggressive infrastructure push and implementation of tax...

ADB maintains PH growth forecast for 2017, 2018

MANILA -- The Asian Development Bank (ADB) has maintained growth forecast for the Philippines for this year and 2018, on the back of the government’s aggressive infrastructure push and implementation of...

Economist keeps BSP rate hike forecast in Q4 ’17

MANILA -- An economist of ING Bank Manila is keeping his forecast of a 25 basis points increase in the Bangko Sentral ng Pilipinas’ (BSP) key rates in the last quarter...

Congress mulls amendment of REIT law

MANILA -- The House of Representatives may push for the amendment of the Real Estate Investment Trust (REIT) Act, Representative Arthur Yap said Monday. During the real estate market briefing of Leechiu Property...

Cabinet officials to showcase rosy outlook on PH economy

Officials of the Duterte Administration, led by the economic and infrastructure ministers, are set to showcase economic opportunities to potential investors from Japan and China next week. The two-part economic roadshow...

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