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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

China economy grows, but Xi’s powers spook investors

Beijing, China—China’s economy grew at a faster pace than forecast in the third quarter, official data showed Monday, but investors reacted with alarm to...

China economy grows 3.9 percent year-on-year in third quarter

China's economy grew 3.9 percent year-on-year in the third quarter, according to official data released Monday, beating forecasts a day after President Xi Jinping...

PEZA worried over BPOs’ double-dipping on tax perks

The Philippine Economic Zone Authority warned over the weekend that the transfer of registration by business process outsourcing companies to the Board of Investments...

PH to benefit from Indo-Pacific economic bloc—US diplomat

By Othel V. Campos US Embassy deputy chief of mission Heather Variava said the Philippines would benefit from the US-led Indo-Pacific Economic Framework for Prosperity. Variava...

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