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Category: Business

Investment mgmt firm projects PH economic growth at 5.6% in 2023

Sun Life Investment Management and Trust Corporation (SLIMTC) projects Philippine economic growth to accelerate next year, driven by consumption and ramped up government spending. In a recent interview, SLIMTC president and chief investment officer M…

RAHMAH SALE: 2,000 CHICKEN SOLD IN TWO HOURS

KUALA TERENGGANU, more than 2,000 chickens priced at RM6.50 per kilogramme were sold at the Mobile Rahmah Sale at the Terengganu State Museum grounds, here today.Besides buying the chicken, visitors at the sale event also did not miss the opportunity t…

PSA keeps Q2 economic growth at 4.3%

The Philippine Statistics Authority (PSA) on Wednesday maintained the second quarter Philippine economic growth at 4.3 percent. “The Gross Domestic Product for the preliminary second quarter 2023 was maintained at 4.3 percent, as of November 2023,” th…

PH inflation eases to 4.9% in October

Headline inflation eased to 4.9 percent in October this year from 6.1 percent in September, the Philippine Statistics Authority (PSA) reported on Tuesday. Last month’s headline inflation rate was also lower than the 7.7 percent recorded in October las…

Debt payments up in August

The National Government’s (NG) debt payments went up significantly in August this year, data from the Bureau of the Treasury (BTr) showed. In a report, the BTr said the debt service bill during the month amounted to PHP189.0 billion, up by 177 percent…

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