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Saturday, December 21, 2024

Business

IMF expects PH economy to grow faster next 2 years

The International Monetary Fund (IMF) expects the Philippine economy to grow faster in 2025 and 2026 on the back of higher spending and slower inflation. “Growth is expected to accelerate in 2024-25, supported by disinflation, and gradually declining borrowing costs as monetary policy normalizes,” the IMF Executive Board said at the conclusion of the 2024 Article IV consultation with the Philippines. The IMF sees the gross domestic product of the Philippines...

Monetary Board likely to cut policy rates again in 2025

The Bangko Sentral ng Pilipinas’ Monetary Board is expected to reduce key...

Business, consumer confidence up

The Bangko Sentral ng Pilipinas (BSP) said Friday both business and consumer...

BCDA welcomes CA ruling on Capas landfill

State-run Bases Conversion and Development Authority (BCDA) welcomed the Court of Appeals’...

Packworks study: Filipinos rely more on seasoning mixes to stretch budget

A recent study by Packworks, a leading B2B small store supply platform,...

MICTSI contract extended by 25 years

Mindanao International Container Terminal Services Inc. (MICTSI), a subsidiary of International Container...

IMF expects PH economy to grow faster next 2 years

The International Monetary Fund (IMF) expects the Philippine economy to grow faster in 2025 and 2026 on the back of higher spending and slower inflation. “Growth is expected to accelerate in 2024-25, supported by disinflation, and gradually declining borrowing costs as monetary policy normalizes,” the IMF Executive Board said at the conclusion of the 2024 Article IV consultation with the Philippines. The IMF sees the gross domestic product of the Philippines...

Monetary Board likely to cut policy rates again in 2025

The Bangko Sentral ng Pilipinas’ Monetary Board is expected to reduce key...

Business, consumer confidence up

The Bangko Sentral ng Pilipinas (BSP) said Friday both business and consumer...

BCDA welcomes CA ruling on Capas landfill

State-run Bases Conversion and Development Authority (BCDA) welcomed the Court of Appeals’...

LATEST Business

LATEST

BOI sees investments hitting P1.75t in 2025

The Board of Investments (BOI) said Friday it expects investment approvals to hit P1.75 trillion in 2025, an 8 percent increase over the record-breaking...

Meralco’s power sales grew 6.6% in 11 months

Power retailer Manila Electric Co. (Meralco) reported a 6.6-percent increase in its power sales from January to November to 49,953 gigawatt-hours (GWh) from 46,866...

PH stocks rebound on bargain-hunting as BSP hints of another rate cut in 2025

Philippine stocks ended the week in the green, after a seven-day losing streak on bargain hunting. The benchmark Philippine Stock Exchange index (PSEi) rose 10.78...

Filinvest Land’s P12-b bond offering gets ‘PRS Aaa’ rating from PhilRatings

Filinvest Land Inc. (FLI), the real estate arm of the Gotianun family, reported Friday that its planned P12-billion bond offering received ‘PRS Aaa’ from...

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