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Emerging Asia economies face deeper slump in Q2
Emerging Asia economies face deeper slump in Q2
By Czeriza Valencia | 296 days ago
Most countries in Emerging Asia, including the Philippines, should brace for double-digit declines in economic growth in the...
Business
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Moody’s, AMRO downgrade Philippines growth forecast
By Czeriza Valencia | April 9, 2020 - 12:00am
Moody’s Investors Service further slashed its 2020 gross domestic product growth forecast for the Philippines to 2.5 percent as the government extended the Luzon-wide enhanced community quarantine by another...
Business
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Philippine economy to barely grow in 2020 — Capital Economics
Philippine economy to barely grow in 2020 — Capital Economics
By Czeriza Valencia | 344 days ago
The Philippine economy is expected to “barely grow at all in 2020 as a whole,” but is expected to rebound strongly...
Business
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GDP growth likely to slow to 5% this year, says Diokno
GDP growth likely to slow to 5% this year, says Diokno
By Lawrence Agcaoili | 345 days ago
The impact of the novel coronavirus disease 2019 is likely to drag the gross domestic product growth of the Philippines to...
Business
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BSP chief insists 6% GDP growth still attainable
BSP chief insists 6% GDP growth still attainable
By Lawrence Agcaoili | 352 days ago
Monetary authorities are ready to deploy all policy tools to address challenges to the country’s financial markets and...
Business
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‘50-bps rate cut not enough to stem COVID-19 impact’
By Lawrence Agcaoili | March 3, 2020 - 12:00am
The 50 basis points rate reduction committed by Bangko Sentral ng Pilipinas Governor Benjamin Diokno is not enough to compensate for the shock coming from the global outbreak of the novel coronavirus disease (COVID-19),...
Business
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NEDA hikes COVID-19 impact on GDP
NEDA hikes COVID-19 impact on GDP
By Lawrence Agcaoili | 364 days ago
The spread of the coronavirus disease 2019 could shave off as much as one percentage point from the country’s gross...
Business
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Despite COVID-19, Fitch unit keeps Philippines GDP outlook
Despite COVID-19, Fitch unit keeps Philippines GDP outlook
By Lawrence Agcaoili | Over a year ago
Fitch Solutions Macro Research is maintaining its gross domestic product (GDP) growth forecast for the Philippines for now...
Business
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Philippine economy accelerates in Q4 but fails to hit 2019 target
Philippine economy accelerates in Q4 but fails to hit 2019 target
By Ian Nicolas Cigaral | Over a year ago
Gross domestic product — or the value of all finished goods and services produced in the country — expanded 6.4%...
Business
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S&P sees credit growth at 10 to 12% this year
By Lawrence Agcaoili | January 11, 2020 - 12:00am
Philippine banks may enjoy a faster credit growth of between 10 and 12 percent this year amid the easing cycle by the Bangko Sentral ng Pilipinas as well as the stronger demand for loans to finance the country’s...
Business
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