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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...

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Comelec defers ruling on COC to next week

The seven-member panel of the Commission on Elections (Comelec) on Wednesday discussed the petition by Partido Demokratiko Pilipino–Lakas ng Bayan (PDP-Laban) to reopen the...

December inflation rate fell to 1-year low of 3.6%—PSA

Inflation rate eased to a one-year low of 3.6 percent, bringing the full-year average to 4.5 percent or above the government’s target range of...

Haus Talk eyes commercial and condo spaces

Haus Talk Inc., a residential property developer set to list on the Philippine Stock Exchange next week, plans to venture into high-end housing, condominium...

Eight infrastructure projects worth P95b completed in 2021

The Department of Public Works and Highways on Wednesday announced the completion of eight infrastructure projects worth P94.64 billion in 2021 despite the impact...

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