The International Monetary Fund (IMF) said Monday it revised upward its economic growth forecast for the Philippines this year and next.
The IMF, in its April 2024 Regional Economic Outlook for Asia and Pacific, said the Philippine economy as measured by gross domestic product (GDP) is likely to grow 6.2 percent this year, up from its earlier forecast of 5.9 percent in October.
It is within the government’s target range of...
Construction company D.M. Consunji Inc. said Monday it bagged P16.1-billion worth of projects in the first nine months, boosting its total order book to...
Share prices closed flat Monday, with some investors buying back newly-listed shares that retreated in mild bargain hunting.
The Philippine Stock Exchange Index added 2.1...
Rome, Italy—Telecom Italia (TIM) confirmed Sunday it had received a “friendly,” non-binding expression of interest by US private equity fund KKR that values the...