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Economic expansion in Q2 faster than initially estimated — PSA

THE PHILIPPINE ECONOMY in the second quarter grew at a faster pace than previously reported, the Philippine Statistics Authority (PSA) said a day before...

OECD sees faster 2nd half PHL growth

By Elijah Joseph C. Tubayan Reporter PHILIPPINE gross domestic product (GDP) growth should pick up slightly this semester from the first half’s 6.45% average on the...

Eyes on Philippines as it winds down stint at region’s helm

By Maria Eloisa I. Calderon Editor-at-Large THE PHILIPPINES’ stint as chairman of the Association of Southeast Asian Nations (ASEAN) this year is winding down: the bloc’s...

DoF confident infra will sustain 7% GDP growth

THE GOVERNMENT is confident the economy will sustain a 7% growth rate over the medium term, the Finance department said. “The 6.5% growth for the...

FMIC-UA&P report sees 6.5% Q3 GDP growth

ECONOMIC GROWTH likely at least sustained in the third quarter the pace clocked in the preceding three months, on the back of strong household...

BSP minutes: economy not overheating

THE ECONOMY is far from overheating with rising credit growth accompanied by increased domestic activity, the Bangko Sentral ng Pilipinas (BSP) said in the...

Investor confidence ‘strong’ — IMF

By Melissa Luz T. Lopez Senior Reporter INVESTOR SENTIMENT remains favorable for the Philippines despite increased political noise, an official of the International Monetary Fund (IMF)...

IMF, AMRO see slower PHL growth for this year

THE PHILIPPINES will likely remain a growth leader in Southeast Asia, the International Monetary Fund (IMF) and regional think tank ASEAN+3 Macroeconomic Research Office...

ADB says gov’t on ‘right track,’ keeps Philippine GDP forecasts

By Elijah Joseph C. Tubayan Reporter THE GOVERNMENT is on track as it pushes tax reform and infrastructure development, the Asian Development Bank (ADB) said in...

FMIC, UA&P expect economic growth to pick up this semester

ECONOMIC GROWTH will likely pick up this semester as exports have so far maintained a double-digit pace of increase and as government starts more...