Economy & Trade
Active ODA loans to Philippines reached $32.4 billion in 2022
The National Economic and Development Authority (NEDA) said active official development assistance (ODA) loans and grants to the Philippines reached...
WB reduces PH growth forecast to 5.6%
The World Bank on Monday reduced its 2023 growth forecast for the Philippines to 5.6 percent from the 6-percent estimate...
Industry group expects franchising revenues to grow 13% to P30.5b in 2023
An industry group expects franchising revenues to rise 13 percent in 2023 to P30.5 billion from P27 billion in 2022,...
Moody’s Analytics expects inflation to slow down to 5.2% in September
Moody’s Analytics, which operates independently of Moody’s Investors Service credit rating agency, said Monday it expects a slower inflation rate...
PH exports avocados to South Korea after nearly 15 years of discussions
The Philippines launched its first export shipment of fresh avocados to South Korea on Sept. 30, 2023 in a ceremonial...
World Bank cuts 2023 growth forecast for the Philippines to 5.6%
The World Bank on Monday slashed its 2023 growth forecast for the Philippines to 5.6 percent from the 6-percent estimate...
‘PH to stay fastest growing economy in Asia this year’
Finance Secretary Benjamin Diokno said over the weekend the Philippines will remain one of the most resilient economies in the...
World Bank approves $600-million loan to finance Philippines’ digital transformation
World Bank approves $600-million loan to finance Philippines' digital transformation The World Bank said Saturday its board of executive directors...
Vietnam’s GDP grew 5.3% in third quarter
HANOI—Vietnam’s economy grew 5.3 percent on-year in the third quarter, official data showed Friday, though experts warned it was on...
ADB approves capital management reforms to unlock $100 billion in new funding
The Asian Development Bank (ADB) said Friday it approved capital management reforms that unlock $100 billion in new funding capacity...
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.