Top News
World Bank sees faster PH growth this year
The World Bank projects local output growth in the Philippines accelerating by 5.8 percent this year and next, up from an estimated growth of 5.6 percent in 2023.
Malacañang welcomes new finance chief, investment adviser to ‘dynamic’ economic team
President Ferdinand Marcos Jr. on Friday welcomes two new members to his economic team and administers the oath of office of Batangas Rep. Ralph Recto as new finance secretary and businessman Frederick Go as special assistant to the president for investment and economic affairs.
OECD urges Japan’s central bank to gradually raise interest rates
The Bank of Japan should gradually raise short-term interest rates and make its bond yield control policy more flexible, if inflation stays around its 2 percent target and is accompanied by sustained wage growth, the OECD said on Thursday.
ADB projects below-target 5.7% growth for the Philippines in 2023
The Philippines in 2023 is projected to post growth, measured as the gross domestic product (GDP), averaging lower than the official growth target of 6 to 7 percent to only 5.7 percent, according to the Asian Development Bank.
Ayala Land projects doubling profits over five years
Property developer Ayala Land Inc. has projected the doubling of its 2023 bottomline in five years or by 2028.
