BusinessWorld - BusinessWorld Online
Philippines’ growth outlook clouded by inflation risks. THE Philippines is likely to continue its stable growth trajectory in the medium term, although inflation and elevated interest rates remain major risks to this outlook, analysts said.
Philippines says it’s under pressure from China to cede claims in …
1 day ago · The two nations signed a strategic partnership in September 2023 and held their first joint sea and air patrols in the South China Sea several months later. The Philippines also joined war games in Australia this year for the first time.. China claims almost the entire South China Sea, a conduit for more than $3 trillion of annual ship-borne commerce, including parts claimed by the Philippines ...
Can Philippine manufacturing ever recover? A Plan B
1 day ago · In fact, many Latin American economies have gotten stuck in the so-called “middle-income trap” because of their failure to truly industrialize. The Philippines must do everything possible to raise its manufacturing employment share at least to double its present level of 8% of total labor force. We must, however, have a Plan B if all our ...
BusinessWorld named Business News Source of the Year
3 days ago · BUSINESSWORLD, the country’s oldest business newspaper, was recognized as Business News Source of the Year at the 33 rd annual awards of the Economic Journalists Association of the Philippines (EJAP).. Luisa Maria Jacinta C. Jocson received two awards — Reporter of the Year for the Finance and Macroeconomy categories.. Ms. Jocson covered the Department of Finance, Department of Budget and ...
BMI cuts PHL growth forecast - BusinessWorld Online
2 days ago · FITCH SOLUTIONS’ unit BMI lowered its gross domestic product (GDP) growth forecast for the Philippines this year as weak external demand remains a drag. In a report, BMI said it now expects the country’s GDP to grow by 5.8% this year, lower than its earlier projection of 6%. This would fall short of the government’s 6-7% full-year forecast.
More easing likely amid weak growth - BusinessWorld Online
3 days ago · The Philippine economy grew by 5.2% in the July-to-September period, sharply slowing from the 6.4% growth in the second quarter and 6% a year earlier. This was also the weakest gross domestic product (GDP) growth in five quarters or since the 4.3% expansion in the second quarter of 2023. Patrick M. Ella, economist at Sun Life Investment ...
Philippines' top 1000 companies post P16.7 trillion in ...
Jan 8, 2024 · Petron Corp. returned as the largest corporation in the Philippines in 2022, ending Manila Electric Co.’s (Meralco) two-year stint as the country’s top-grossing company. Petron, which last topped the list in 2019, posted P438.87 billion in gross revenue in 2022, which was an 82.1% increase from P240.94 billion the previous year.
Top Stories Archives - BusinessWorld Online
Nov 5, 2024 · Domestic demand key to insulating PHL from US trade risks. THE PHILIPPINES needs to boost domestic demand to insulate its economy from a potential setback on multilateralism, which is likely to happen if Donald J. Trump returns to power in the United States, according to economists.
MARKETS - BusinessWorld Online
Oct 25, 2024 · LATEST NEWS. Fuji-Haya, LS Electric power up at 49 th IIEE Annual National Convention October 25, 2024 | 6:04 pm; Rediscover the charm of the Philippines: Plantation Bay Resort and Spa’s vibrant cultural tour in Japan October 25, 2024 | 5:06 pm; Sam Shoaf returns with a new single that’s sure to get you in your feelings October 25, 2024 | 4:42 pm; No ‘external force’ can change our ...
BusinessWorld Economic Forum 2024 to uncover next drivers of ...
May 13, 2024 · THE PHILIPPINE ECONOMY has shown resilience despite facing challenges such as the coronavirus pandemic, elevated in f lation and high interest rates.. The BusinessWorld Economic Forum will tackle the key issues facing the Philippines today, as well as the next drivers of economic growth when it returns on May 22 (Wednesday) at the Grand Hyatt Manila in Bonifacio Global City, Taguig.