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IMF expects strong growth for PH economy

ABS-CBN News
Posted at Feb 11 11:09 PM

The International Monetary Fund believes the Philippine economy is poised for strong growth this year. Read more »

IMF forecasts faster PH growth but sees virus outbreak having impact

Warren de Guzman, ABS-CBN News
Posted at Feb 11 05:53 PM

The International Monetary Fund said Tuesday the coronavirus outbreak will have a negative effect on Philippine growth even as the multilateral agency forecast faster economic expansion this year.  Read more »

Xi warned officials that efforts to stop 2019-nCoV could hurt China economy: sources

Reuters
Posted at Feb 11 05:44 PM

Chinese President warned top officials last week that efforts to contain the new coronavirus had gone too far, threatening the country's economy, sources told Reuters, days before Beijing rolled out measures to soften the blow. Read more »

Fitch Solutions: Asia's growth faces downside risks due to coronavirus outbreak

ABS-CBN News
Posted at Feb 07 10:00 PM

Fitch Solutions says Asia's growth faces downside risks due to the Wuhan coronavirus outbreak. Read more »

Fitch: Wuhan coronavirus outbreak to weigh on Chinese, Global economies

ABS-CBN News
Updated as of Jan 31 12:17 PM

Fitch Solutions issues a new assessment on China's 2020 growth forecast following the spread of the Wuhan coronavirus. Read more »

Diokno: FDIs in PH could reach record highs this year

Bruce Rodriguez, ABS-CBN News
Posted at Jan 25 12:55 AM

Foreign direct investments into the Philippines could revisit record highs in 2020, according to the country's central bank governor Benjamin Diokno on Friday. Read more »

GTCI 2020: Philippines ranks 1st in income category of lower-middle income countries

ABS-CBN News
Posted at Jan 23 05:32 PM

In INSEAD's latest Global Talent Competitiveness Index report, The Philippines is top-ranked in the income category of lower-middle income countries. But Bruno Lanvin, Executive Director of the Global Talent Competitiveness Index at INSEAD, notes that the Philippines was weakest in talent retention.  Read more »

Natural calamities, policy uncertainties among challenges in PH economy

ABS-CBN News
Posted at Jan 23 12:41 AM

Philippine macroeconomic fundamentals remain solid in the year ahead despite challenges at home and abroad. Read more »

How digital marketing can help boost revenues of big companies, MSMEs

ABS-CBN News
Posted at Jan 17 06:08 PM

Monolith Growth Ventures founder Kenn Constales shares his insights on how digital marketing can help boost the revenues of big companies as well as micro, small and medium enterprises (MSMEs). Read more »

Manila's 'significant' gains vs poverty must translate to inclusive growth: IMF

Cathy Yang, ABS-CBN News
Posted at Jan 17 03:26 PM

Manila must ensure that poverty alleviation efforts are "targeted" rather than depending on effects of social programs to "naturally go down," said Changyong Rhee, director of the IMF's Asia and Pacific Department. Read more »

Paano nakatutulong ang itlog ng pugo sa paglaki ng bata?

ABS-CBN News
Posted at Jan 13 12:16 PM

Isa sa mga patok na pampalipas-gutom ng mga Pilipino ang itlog ng pugo dahil abot-kaya at maraming naglalako o nagbebenta.   Read more »

DBCC cuts PH economic growth target

ABS-CBN News
Posted at Dec 11 11:43 PM

The Philippine Development Budget Coordination Committee slashed its economic growth target for the local economy, citing its prudent fiscal policy for the coming years. Read more »

US economy grew faster in Q3, but trade woes continue

Virginie Montet, Agence France-Presse
Posted at Nov 28 07:15 AM

The US economy grew faster than originally reported in the July-September period and prices remain tame, but amid the unresolved trade war with China economists and businesses note some worrying issues persist.  Read more »

RCBC set to launch virtual banking service in January

ABS-CBN News
Posted at Nov 27 11:01 PM

Major Philippine bank RCBC believes another policy rate adjustment by year-end isn't off the table as it lowers its growth forecast for the country. Read more »

IMF raises growth outlook for PH in 2020 to 6.3 percent

ABS-CBN News
Posted at Nov 18 10:49 PM

The International Monetary Fund forecasts quickening economic growth for the Philippines, but only if it stays the course on structural reforms, such as rice tariffication, and if the 2020 national budget gets passed on time. Read more »

Study: IT-BPM industry's 2022 growth goals out of reach

ABS-CBN News
Posted at Nov 12 11:01 PM

A dim growth outlook for the IT and business process management industry in the Philippines. Read more »

Bangko Sentral ends interest rate, reserve requirement cutting for 2019

ABS-CBN News
Updated as of Nov 04 02:55 PM

The central bank will "pause for a while" after slashing the benchmark interest rate by 75 basis points, bringing it to 4 percent, and reducing the reserve requirement ratio for banks to 14 percent, Diokno told ANC. Read more »

PH inflation, GDP figures due out next week

ABS-CBN News
Posted at Nov 01 11:08 PM

Here at home, investors brace for a data-heavy week ahead with inflation and economic growth figures all set to be released. Read more »

2nd tax reform, budget delay among factors behind lower growth forecasts for PH

ABS-CBN News
Posted at Oct 28 11:44 PM

Despite multiple downgrades in the Philippine growth outlook for 2019, at least one economist is optimistic the country can still reach the lower end of government's target growth range. Read more »

BSP cuts reserve requirement ratio by another 100 basis points

ABS-CBN News
Posted at Oct 26 12:10 AM

Despite lowered growth outlooks and muted money supply growth, the Philippine central bank is confident the country won't miss its growth target for 2019. Read more »