Economists at First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said the Philippine economy would likely grow above 6 percent in the first quarter of 2024, driven by higher government infrastructure spending.
“The economy looks set to accelerate in 2024, with Q1 GDP estimated at 6.1 percent as infrastructure spending goes into high gear with the National Government (NG), buoyed by ODA funding,...
PARIS, France—Faced with the highest inflation in four decades, central banks in the United States, eurozone and UK are hiking interest rates in order...
WASHINGTON, United States—The US Federal Reserve announced the most aggressive interest rate increase in nearly 30 years on Wednesday, and said it is prepared...
The Philippines climbed four spots from 52nd to 48th place in the 2022 World Competitiveness Ranking, the second sharpest rise in Asia Pacific, despite...