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Philippines Economic Outlook. Despite the impact of the COVID-19 Delta wave in the second half of 2021, GDP growth for calendar 2021 rebounded to 5.6% y/y.
MANILA, the Philippines-- The Philippine economy appears to be weakening, with prices beginning to rise more quickly than expected and exports falling for a second-straight month. Together, the ...
Philippines economic outlook. Despite the impact of the COVID-19 Delta wave in the second half of 2021, GDP growth for calendar 2021 rebounded to 5.6% y/y.
The Philippines is expected to remain the fastest-growing economy in the Association of Southeast Asian Nations region this year, bolstered by low inflation and room for monetary easing.
Gross domestic product (GDP) will expand by 5.9% in 2024, slightly less than an earlier 6.0% outlook, after bad weather in the third quarter, the bank said in its Philippines Economic Update.
The Philippines revised its growth target for this year to 5.5% to 6.5%, down from 6.0% to 8.0%, the budget secretary said on Thursday. The growth targets for 2026 to 2028 were narrowed to 6.0% to 7.0 ...
The government’s economic cluster on Monday downgraded its growth outlook for the coming year, citing external headwinds such as the slowdown in major advanced economies. In a press conference in ...
The British Chamber of Commerce Philippines (BCCP) presented the Philippine economic outlook and an overview of the Philippine-UK trade relations at the Philippine-British Investment Forum on June 27, ...
Philippine economic growth cooled to its slowest in two years in the first quarter as red-hot inflation and high interest rates dampened consumption, but a slew of positive data, including a drop ...
Philippine President Ferdinand Marcos Jr on Friday painted a cautious outlook for his country's economy given risks stemming from geopolitical tensions and El Nino weather phenomenon.
The Philippine economy suffered its deepest contraction on record in the second quarter and revised down its forecast for the year amid one of Asia’s strictest lockdowns against the coronavirus ...
With the end of 2020 fast approaching, economists are revising their forecasts for economies across Asia. Recessions for countries like Thailand and Japan are now expected to be less severe than ...
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