spot_img
29.9 C
Philippines
Saturday, April 27, 2024

Business

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...

NEDA approves new guidelines on PPP proposals

The National Economic and Development Authority (NEDA) Board approved the new guidelines...

Cemex PH’s stock plummets 28% after DMCI’s acquisition announcement

The share price of Cemex Holdings Philippines Inc. (CHP) plunged on Friday...

Robinsons Retail’s first-quarter income hit P5.1b after sale of stake in bank unit

Robinsons Retail Holdings Inc. (RRHI) of the Gokongwei Group said Friday its...

LATEST Business

LATEST

Managing risks key to boosting local economy this year—DOF

Managing risks from the pandemic is the key to sustaining the economic growth this year, following the strong expansion in the second half of...

AC Energy forms joint venture with Thailand company

AC Energy Corp. said Wednesday it is taking a 49-percent interest in a joint venture with Thai company Super Energy Corporation Public Co. Ltd....

DPWH completes 772 roads, other infra projects in Northern Mindanao

The Department of Public Works and Highways said Wednesday it completed 772 infrastructure projects last year that are now helping the people of Northern...

AC Motors reported 39% growth in sales of 5 vehicle brands

AC Motors of the Ayala Group on Wednesday reported a 30-percent growth across its five automobile brands last year, outpacing the industry expansion of...

PRINT EDITION

ADVERTISEMENT

spot_img