News from Philippines Economy
Stay current with all the latest and breaking news about Philippines Economy, compare headlines and perspectives between news sources on stories happening today. In total, 219 stories have been published about Philippines Economy which Ground News has aggregated in the past 3 months.
Suggest a source
Looking for a source we don't already have? Suggest one here.Top Philippines Economy News
Latest News Stories
Economy · ManilaThe Department of Finance (DOF) said the government’s 6 to 7 percent growth target for this year can still be achieved on expectations of an increase in both consumer and government spending in the next quarters.See the Story
DOF: 6-7% GDP growth target for ʼ24 can still be achieved
100% Left coverage: 1 sources
Stock Markets · ManilaThe local bourse may see another round of bargain-hunting this week, thanks to the Bangko Sentral ng Pilipinas (BSP) hinting at finally beginning to trim the 17-year high interest rate after keeping it unchanged for five consecutive times. Philstocks Financial Inc. senior research analyst Japhet Louis Tantiangco expressed optimism the Philippine Stock Exchange Index mightSee the Story
Hunt on for cheap stocks as BSP fuels investors’ hopes
100% Left coverage: 1 sources
Stock Markets · ManilaSurprising many, the Bangko Sentral ng Pilipinas (BSP) last week said it might cut the benchmark rate of 6.5 percent by as much as 50 basis points this year starting in August. This was after it changed its inflation forecast for 2024 to 3.8 percent from 4 percent previously. Theoretically speaking, lower rates should beSee the Story
Are lower rates automatically good for stocks?
100% Left coverage: 1 sources
Inflation · ManilaRemaining upbeat on sales even with inflation pushing away consumers, Figaro Coffee Group (FCG) is earmarking nearly P1 billion to build more stores across the country. But with the flagship coffee business facing more competition from smaller cafes, FCG chair Justin Liu told reporters last week they were looking into feeding more capital into Angel’sSee the Story
Figaro bets on ‘pizza’ amid crunch from smaller cafes
100% Left coverage: 1 sources
Trade · PhilippinesA supply chain is considered to be only as strong as its weakest link. This was proven during the COVID-19 local lockdowns that impacted the global movement of goods. Southeast Asia has been a major beneficiary of the resulting push for supply-chain diversification, but the risk of another disruption is never far away. Take the […]...Keep on reading: Southeast Asia and the global trade sweet spotSee the Story
Southeast Asia and the global trade sweet spot
100% Left coverage: 1 sources
Economy · PhilippinesIn today’s challenging economy, with the relentless increase in the costs of essential goods and services, it’s becoming progressively harder for families to make ends meet. For some of us, even the slightest loss can have a detrimental effect on one’s budgets. However, what if this loss, big or small, occurs without our awareness, much like when we’re in grocery stores where fraud seems unimaginable? This narrative has once again raised concern…See the Story
Social media user's experience with 'overpriced tofu' raises concerns about receipt accuracy
100% Left coverage: 1 sources
Economy · PhilippinesWhile much has been written about a “funding winter,” one could be forgiven for forgetting that Southeast Asia remains home to the world’s fastest-growing digital economy: the region’s digital economy expanded by 12 percent in 2023 and is expected to record a compound annual growth rate of 16 percent until 2030. Fundraising figures, however, do […]...Keep on reading: From winter to spring for PH, Asean startupsSee the Story
From winter to spring for PH, Asean startups
100% Left coverage: 1 sources
Economy · AlbayMANILA, Philippines — Albay 2nd District Rep. Joey Salceda believes that renewing the legislative franchise of Manila Electric Company (Meralco) for another 25 years will be good for the Philippine economy. Salceda said in a statement last Monday — just as hearings on the proposed new franchise for Meralco began — that Meralco has been able to comply with the conditions of its current franchise. “The case for renewing Meralco’s franchise is plai…See the Story
Salceda says new Meralco franchise good for economy
100% Left coverage: 1 sources