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Saturday, April 27, 2024

Economy & Trade

Private sector economists see first-quarter growth hitting 6.2%

The Philippine economy likely grew 6.2 percent year-on-year in the first quarter of 2024, according to economists belonging to the University of Asia and the Pacific and First Metro Investments Corp. “Bolstered by robust economic data for February, we have become a little cautiously optimistic about the economic rebound. We expect GDP to expand by 6.2 percent in Q1, an upward revision from our previous forecast of 6.1 percent,” the...

Ayala keeps ‘constructive outlook’ on PH economy

CONGLOMERATE Ayala Corp. said Friday it maintains a “constructive outlook” on the...

NEDA board approves basic education plan, 2 other projects

The National Economic and Development Authority (NEDA) Board approved three key initiatives...

Stocks advance; peso dips to 57.78 a dollar

Stocks rose, but the Philippine peso fell to a new 17-month low...

LATEST Economy & Trade

LATEST

Central Visayas led regional growth in 2023at 7.2%, says PSA

All 17 regions in the Philippines expanded in 2023, with Central Visayas leading the pack at 7.2-percent growth, the Philippine Statistics Authority (PSA) said...

DTI confiscates P25-m worth of banned Flava vape products

Authorities confiscated P25 million worth of banned vape products under the Flava brand for being distributed near a school and for containing flavor descriptors...

Digital economy expanded 7.7% to surpass P2t in 2023, says PSA

The Philippine digital economy reached P2.05 trillion in 2023, contributing 8.4 percent to the gross domestic product (GDP), according to Philippine Statistics Authority (PSA). This...

Consumers warned vs. substandard products

The Department of Trade and Industry (DTI) and the private sector are working closely to safeguard consumers and the construction materials stakeholders against substandard...

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