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Philippine economy set to grow over 6% in 2024 and 2025

The Philippine economy could expand by over 6% this year and next, driven by government spending, robust private consumption, and strong external demand, according to the ASEAN+3 Macroeconomic Research Office (AMRO).

posted on 11.09.2024

Economy

Philippine inflation forecast to fall under 4% in August

Economists anticipate that inflation in the Philippines in August will slow down, potentially falling below the central bank's 4% target, due to stable food prices.

posted on 03.09.2024

Economy

Philippines to receive funding from UK’s Economic Integration Program

The Philippines is anticipated to receive funding from the United Kingdom's £25-million initiative aimed at fostering economic growth within the Association of Southeast Asian Nations (ASEAN).

posted on 02.09.2024

Economy

Philippine economy set to grow over 6% in 2024 and 2025

posted on 11.09.2024

Economy

Philippine inflation forecast to fall under 4% in August

Economists anticipate that inflation in the Philippines in August will slow down, potentially falling below the central bank's 4% target, due to stable food prices.

posted on 03.09.2024

Economy

Philippines to receive funding from UK’s Economic Integration Program

The Philippines is anticipated to receive funding from the United Kingdom's £25-million initiative aimed at fostering economic growth within the Association of Southeast Asian Nations (ASEAN).

posted on 02.09.2024

Economy

Infrastructure spending set to boost Philippine economic growth

The Philippine government’s strong focus on upgrading infrastructure is expected to support sustained high economic growth, despite noting “uneven execution” of the infrastructure program over the past year, according to Moody’s Analytics.

posted on 26.08.2024

Economy

16m Filipinos employed in tourism industry in Q1

The Department of Tourism (DOT) within the Philippines has revealed that more than 16 million Filipinos work in the tourism sector as at the end of Q1 this year.

posted on 22.08.2024

Economy

Philippines targets 'A' credit rating

Budget Secretary Amenah Pangandaman announced on Wednesday that the Philippines is aiming for an 'A' credit rating.

posted on 14.08.2024

Economy

Philippine economic growth at 6.3% in Q2

The Philippine economy grew by 6.3% in the second quarter according to official data published on Thursday.

posted on 08.08.2024

Economy

Philippines set to be 2nd fastest-growing Southeast Asia economy

The Philippines is forecast to be the second fastest-growing economy among the Southeast Asia (SEA) six countries, set to grow by over 6% over the next decade.

posted on 02.08.2024

Markets

PEZA investment approvals decline in H1

Investment commitments approved by the Philippine Economic Zone Authority (PEZA) in the first half of this year dropped by 44%, falling to P45.48 billion from P80.59 billion during the same period last year.

posted on 16.07.2024

Economy

Philippine tourism revenue up 32% in first half of 2024

The Department of Tourism (DOT) announced on Thursday that visitor earnings in the Philippines have exceeded PHP280 billion for the first half of the year.

posted on 12.07.2024

Economy

Philippine inflation eases to 3.7% in June

Following four consecutive months of increases, the rate of inflation in the Philippines eased in June to 3.7%.

posted on 05.07.2024

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