Friday, January 27, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Business Economy & Trade

DBS keeps 6.4% growth forecast

Julito G. RadabyJulito G. Rada
August 18, 2017, 8:52 pm
in Economy & Trade
Reading Time: 1 min read
A A
Share on FacebookShare on TwitterShare on Email

DBS Bank of Singapore kept its 2017 growth forecast for the Philippines at 6.4 percent, after the economy grew 6.5 percent in the second quarter.

“Second-quarter GDP growth came in at 6.5 percent, better than our forecast of 6.2 percent. Government consumption was up 7.1 percent in the quarter, a healthy rebound from a mere 0.1 percent in the first quarter,” the bank said.

Export growth also came in strong at 19.7 percent, just off the multi-year high of 20.3 percent in the preceding quarter. Strong expansion was also seen in both the agriculture and manufacturing sectors (6.3 percent and 7.9 percent, respectively).

DBS said investment growth eased to 9.4 percent in the second quarter, a fairly strong print, but soft when compared to the average 20 percent between March 2015 and March 2017. “While it is clear to us that investment growth cannot be sustained at 20 percent annual pace, the moderation ahead may turn out to be steeper than previously thought. Inventory drawdown has continued and likely to gain momentum going forward, even if the government is committed on its infrastructure overhaul,” it said.

ADVERTISEMENT
Tags: 2017 growth forecastDBS Bank of SingaporePhilippine economy
ADVERTISEMENT
Julito G. Rada

Julito G. Rada

Related Posts

2022 trade deficit hit record $58.3b, imports surged 17%

byJulito G. Rada
January 26, 2023, 7:25 pm
0
8
2022 trade deficit hit record $58.3b, imports surged 17%

The country’s trade deficit widened to a record $58.32 billion in 2022 as imports surged amid high commodity prices, preliminary...

Read more

ADB lending $500m to help PH address impact of pandemic

byJulito G. Rada
January 26, 2023, 7:10 pm
0
8
ADB okays $175-m loan for three bridges

The Asian Development Bank said Thursday it approved a $500-million (about P27 billion) policy-based loan to help the Philippine government...

Read more

German company expanding Batangas facility

byOthel V. Campos
January 26, 2023, 6:55 pm
0
8
German company expanding Batangas facility

ZAMA Precision Industry Manufacturing Philippines Inc., a unit of Germany’s ZAMA Group, is expanding its production capabilities in the Philippines...

Read more

2022 EU-PH trade likely breached pre-pandemic levels

byOthel V. Campos
January 26, 2023, 6:20 pm
0
8
2022 EU-PH trade likely breached pre-pandemic levels

EU Ambassador to the Philippines Luc Veron said Thursday the 2022 bilateral trade between the Philippines and the European Union...

Read more

US economy seen to have posted slower growth in Q4

byAFP
January 26, 2023, 6:10 pm
0
8
Banaag assumes post as Bright Kindle director

WASHINGTON—The US economy is forecast to have grown but at a slower pace in the final months of 2022, helped...

Read more

UK annual car output at lowest level since 1956

byAFP
January 26, 2023, 6:00 pm
0
8
Banaag assumes post as Bright Kindle director

London—British annual car production has dropped to the lowest level since 1956, largely owing to global shortages of semiconductor chips,...

Read more

Print Edition

View More

Recent Posts

  • Sneakers for Makati : AB4.0
  • PH posts 7.6% growth in 2022
  • SWS: 34% of adult Pinoys say life improved last year
  • President tells PCG to defend both coastlines, nationals
  • US defense chief plans visit to talk with DND head
  • Imported onions in, but price still high
  • Ex-cop arrested after 22 years over Dacer-Corbito murders
  • CA junks plea to lift power rate hike stay

Advertisement

Latest News

Imported onions in, but price still high

byVince Lopezand2 others
January 27, 2023, 1:20 am
0
8
Imported onions in, but price still high

Imported onions are now being sold in Metro Manila markets for P180 to P210 per kilo, lower than the P240...

Read more

Ex-cop arrested after 22 years over Dacer-Corbito murders

byManila Standard
January 27, 2023, 1:10 am
0
8
PNP vows deep probe into acts of ‘party girl’

A former policeman has been arrested in Bulacan over the killing of public relations executive Bubby Dacer and his driver...

Read more

CA junks plea to lift power rate hike stay

byAlena Mae S. Flores
January 27, 2023, 1:00 am
0
8
Meter inspection

The Court of Appeals on Thursday denied the petition for a temporary restraining order or preliminary injunction filed by San...

Read more

Palace rites

byManila Standard
January 27, 2023, 12:54 am
0
8
Imported onions in, but price still high

President Ferdinand R. Marcos Jr. acknowledges the critical role of barangay health workers in the fight against COVID-19 in a...

Read more

Slain model had ‘sensitive’ info
on Durante

byManila Standard
January 27, 2023, 12:50 am
0
8
Dolly de Leon fails bid in Oscars nominee list

Businesswoman Yvonette Chua Plaza had “sensitive information” she planned to use against her reported lover, Army Brig. Gen. Jesus Durante...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App