Analysts’ Q3 2022 GDP estimates

Source BusinessWorld

The country’s gross domestic product (GDP) growth likely slowed in the third quarter after easing to 7.4 percent in the second quarter from 8.2 percent in the first quarter, as inflation continues to bite, according to economists...

Read More

Subsidies extended by the national government to state-owned firms contracted 21.68 percent between January and September this year, according to the Bureau of the Treasury (BTr)...

Read More

Urban poor Filipinos living in Metro Manila experienced the highest inflation nationwide, according to data released by the Philippine Statistics Authority (PSA).

Read More

Speaker Martin Romualdez on Sunday vowed to have the P5.268-trillion 2023 national budget and more than half of 30 priority bills passed in the House of Representatives before Congress goes on its Christmas break...

Read More

The Bangko Sentral ng Pilipinas (BSP) is likely to hike key policy rates by 175 basis points more, bringing the benchmark interest rate to six percent by the first quarter of next year, according to DBS Bank of Singapore...

Read More

Despite the return of in-person classes, children aged 5 to 11 are not yet eligible to receive a booster shot of COVID-19 vaccine, according to the Department of Health (DOH)...

Read More

The Philippine peso can still be considered a competitive currency despite its depreciation against the US dollar since the beginning of this year, an economist said...

Read More

The country’s trade deficit in September narrowed to $4.82 billion, the leanest in six months and from a record $6 billion in August, according to preliminary data from the Philippine Statistics Authority...

Read More

The Central Bank is looking to amend provisions on targeted financial sanctions (TFS) in an effort to enhance measures addressing terrorist financing (TF) and proliferation financing (PF)...

Read More

Sen. Mary Grace Poe called for wide-ranging consultations in the drafting of the implementing rules and regulations (IRR) of the Subscriber Identity Module (SIM) Registration Act (Republic Act 11934)...

Read More

The ratification of the P5.268-trillion national budget for 2023 and the approval of 18 Legislative-Executive Development Advisory Council (Ledac) priority bills will be the top agenda of the 19th Congress in the remaining days of the year, Speaker Martin G. Romualdez said on Sunday...

Read More

The House of Representatives is set to ratify the proposed P5.268-trillion 2023 national budget and approve, on third reading, at least 16 to 18 priority measures of the Legislative-Executive Development Advisory Council (LEDAC) before Congress goes on Christmas break on Dec. 17, Speaker Martin Romualdez said Sunday...

Read More

A senior lawmaker “strongly” backed the proposal overhauling the 21-year-old Electric Power Industry Reform Act (Epira), as endorsed by President Ferdinand Marcos Jr., to slash electricity rates and attract energy-related investments...

Read More

Sen. Sherwin Gatchalian on Sunday urged the National Economic Development Authority (NEDA) to come up with a long-term economic plan to secure the economy as he also moves for institutionalizing the almost 50-year old planning agency...

Read More

More fertilizer discount vouchers will soon be distributed to farmer beneficiaries to ensure the timely availability of the needed fertilizer for rice production. In a news release on Sunday, Malacañang said the Department of Agriculture (DA) issued a memorandum updating the guidelines on the implementation of a fertilizer discount voucher project under the National Rice Program...

Read More

The Department of Trade and Industry (DTI) is considering the inclusion of air fryers in the list of house appliances regulated by the government amid the growing popularity and use of this cooking apparatus...

Read More

A lawmaker has pushed for stiffer penalties, such as perpetual absolute disqualification from holding public office, against public officials and employees involved in agricultural smuggling...

Read More

Japan and US coast guards have teamed up to train their Philippine counterparts to strengthen Manila’s capabilities to defend and patrol the country’s vast waters, including the West Philippine Sea...

Read More

Small and medium enterprises (SMEs) from the Philippines recently scored big in the Asean Business Awards.

Go Negosyo founder Jose Ma. "Joey" Concepcion 3rd said the Home Healthlink Innovations, Felta Multimedia Inc. and Esquire Financing bested other SMEs from the region in their respective categories...

Read More

President Ferdinand “Bongbong” Marcos Jr. will attend the Asean-EU (European Union) Summit in Brussels, Belgium, in December, where regional leaders are expected to discuss a free trade deal with the EU, according to the Department of Foreign Affairs...

Read More

The Pilmico International Pte. Ltd., the international food subsidiary of the Aboitiz Group, is putting up new feedmill facilities in China and Vietnam next year to solidify its vision to become one of Asia’s leading integrated regional food and agribusiness companies...

Read More

Cooperation with members of the Association of Southeast Asian Nations (Asean) in advancing personnel administration in the Philippines is to have “significance,” the Civil Service Commission (CSC) vowed...

Read More

A new global study from Willis Towers Wilson (WTW) highlighted a startling difference between the wealth accumulation of men and women at the point of retirement around the world...

Read More

Runaway inflation, an unfolding debt crisis and cost-of-living problems pose the biggest threats to doing business for G20 countries in the next two years, data from the World Economic Forum showed on Monday...

Read More

UN climate negotiations on Sunday offered a sliver of hope and "solidarity" for developing countries battered by increasingly costly impacts of global warming, in agreeing to discuss the thorny issue of money for "loss and damage"...

Read More

Oil prices fell more than 2 percent at the start of Asia trade on Monday after Chinese officials on the weekend reiterated their commitment to a strict COVID containment approach, dashing hopes of an oil demand rebound at the world’s top crude importer...

Read More

China’s export growth likely cooled further in October as global demand continued to soften, while imports remained sluggish amid weakening growth at home, a Reuters poll showed on Friday...

Read More

North Korean forces said they would respond to joint exercises by the United States and South Korea with "sustained, resolute and overwhelming" military measures, its state media reported Monday...

Read More

The assassination attempt on former prime minister Imran Khan and his accusation it was a plot involving a senior intelligence officer has pushed Pakistan into a "dangerous phase," analysts say...

Read More

Meta Platforms Inc is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with the matter, with an announcement planned as early as Wednesday...

Read More

The government should zero in on the development and promotion of Philippine export products to be able to compete with other countries in the global arena, according to the Philippine Export Service Providers and Consolidators Association, Inc. (PESPCA)...

Read More

Malacañang on Sunday said President Marcos, as concurrent secretary of the Department of Agriculture (DA), has enhanced efforts to provide fertilizer vouchers to farmers to help them increase their rice production...

Read More

The priorities mirrored in the Marcos administration’s P5.3-trillion national budget for 2023 are “misplaced” as nearly P480 billion in lump-sum allotments may end up being squandered, Senate Minority Leader Aquilino Pimentel III said on Sunday...

Read More

The National Risk Deduction and Management Council (NDRRMC) said Sunday damage to infrastructure and agriculture from Storm "Paeng" has exceeded P7.3 billion...

Read More

More than 200 owners of alleged illegal structures built inside the government-declared “protected area” along the Marikina-Rizal-Laguna-Quezon (Marilaque) Highway received show cause orders (SCOs) from the Department of Environment and Natural Resources (DENR) in Calabarzon, the agency said on Saturday...

Read More

The COVID-19 positivity rate in the National Capital Region (NCR) has gone down to 8.9 percent, the lowest positivity rate in the region since July 4, according to the independent monitoring OCTA Research Group...

Read More

Environmentally destructive projects such as large-scale mining and logging have threatened half of indigenous territories in the Philippines, a legal and policy research institution said...

Read More

Increasing the ranks of well-trained and better compensated nurses will play a vital role in achieving a more efficient access to universal healthcare for every Filipino, Sen. Francis Tolentino said in filing a measure proposing a comprehensive nursing law...

Read More

While the country’s daily COVID-19 case count remained below 1,000 for the fourth straight day, infectious diseases specialists warned of a still dismal booster uptake amid the threat of Omicron subvariants that are causing infection spikes in other countries...

Read More

The Department of Health's (DoH) Metro Manila Center for Health Development rolls out today, November 7, a 10-day immunization campaign against diseases commonly affecting babies...

Read More

The Philippine government should work with more civic groups to help improve media security, political experts said, after it was reported that the country had 14 unsolved murders involving journalists...

Read More

The depreciated peso seems to be of no concern to revenge travelers, as outbound travel agencies rack up bookings to nearby Asean countries, North America, and Europe...

Read More

The government will distribute fertilizer vouchers to qualified farmer-beneficiaries to help boost rice production in the country, Malacañang said yesterday...

Read More

An economist-lawmaker said while most price increases are “beyond our control due to global conditions,” the prices of sugar “are almost completely within our power to lower.”...

Read More

The government should put up cold chain facilities in the countryside to solve the agricultural production woes in the Philippines, according to the head of a logistics solutions firm...

Read More

Earnings results due this week could lift the stock market ahead of the release of third quarter economic growth data on Thursday, analysts said...

Read More

Anina A. Miguel, 23, spends her weekends scouring secondhand clothing stores — “ukay-ukay” in the Filipino vernacular — for unique pieces you won’t find in your everyday retail stores...

Read More

The Government could have used the remaining gas from the Malampaya field as a stabilizing source of supply to temper price volatility in the gas market, instead of allowing control of the field to change hands, according to an alternative-energy think tank...

Read More

The Department of Trade and Industry (DTI) is set showcase eco-friendly products from the country’s regions by holding a hybrid national trade fair...

Read More