Wednesday, 09 July 2025, 7:31 am

    Jun Vallecera

    86 POSTS

    Bank lending to agri sector, treated as problematic, forecast significantly improved in joint BSP-DA survey

    Bank lending to the agricultural sector, historically low and problematic, showed promise in latest survey jointly conducted by the Bangko Sentral ng Pilipinas (BSP) and the Agricultural Credit Policy Council (ACPC), which works under the Department of Agriculture (DA).

    GDP expansion this year forecast lower than 5-year average of 6.6%

    Growth across the economy this year is forecast to remain below its five-year average of 6.6 percent, according to the sovereign credit watcher Standard and Poor's.

    First-quarter growth averaging 5.7 proved broad-based although lower than forecast

    The economy expanded at the rate of 5.7 percent in the first three months of the year in terms of the gross domestic product (GDP), slower than various analyst forecasts averaging 5.9 percent during the period but quicker than the adjusted but scaled-back growth of only 5.5 percent a quarter earlier, the Philippine Statistics Authority (PSA) said on Thursday.

    1Q growth likely accelerated even as government debt acts as growth impediment

    Output growth averaging only 5.5 percent in the December quarter last year was seen accelerated to 5.8 percent in the quarter ended March this year, according to analysts at Moody's Analytics

    Higher-for-longer interest rates seen hurting Manila output growth expansion this year

    The country' local output expansion, measured as the gross domestic product (GDP), is forecast to accelerate to 5.9 percent this year from last year's 5.6 percent, the sovereign credit watcher Standard and Poor's said in commentaries published at its website.

    Just in

    APECO launches EU investment drive ahead of PH-EU FTA

    The Aurora Pacific Economic Zone and Freeport Authority (APECO) will launch an investment mission to Spain and Portugal this November, aiming to attract European investors for key infrastructure projects ahead of the anticipated Philippine-European Union Free Trade Agreement (PH-EU FTA).

    MGen unveils PH’s largest solar plant in Nueva Ecija

    Meralco PowerGen Corp. (MGen) renewable energy unit MGreen and affiliate Terra Solar Philippines Inc., have rated the Nueva Ecija-Bulacan solar project as the largest operational solar facility in the Philippines.

    DENR urged to take strategic lead in West Philippine Sea defense

    Environment Secretary Raphael Lotilla has called on the Department of Environment and Natural Resources (DENR) to play a more assertive role in upholding the country's maritime rights in the West Philippine Sea (WPS), emphasizing its key position in supporting national sovereignty.

    Smart, PLDT back government’s Bayanihan SIM program

    Smart Communications Inc., in partnership with parent firm PLDT Inc., is reinforcing its cooperation with the government by actively supporting the Bayanihan SIM initiative—a program led by the Department of Information and Communications Technology (DICT) extending mobile connectivity to geographically isolated and disadvantaged areas (GIDAs).
    spot_img