The Philippines’ total external trade in goods dropped year-on-year by 18.6 percent in April to 14.34 billion U.S. dollars, with China remaining its top trading partner, the Philippine Statistics Authority (PSA) said on Friday.Of the total external tra…
The Philippines should perform better than the World Bank’s (WB) economic outlook, with help coming from Congress by working on measures that would sustain the country’s economic growth.The WB on Wednesday revised upward its Philippine economic growth…
The rates of the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF) registered mixed directions on Wednesday but demand remained strong, data from the central bank showed. The average rate of the seven-day facility slipped to 6.5823 percen…
The World Bank on Wednesday revised upward its Philippine economic growth projection to 6 percent this year from 5.6 percent as strong domestic demand is expected to drive growth. “Despite weak global conditions, we expect strong domestic demand to gr…
The World Bank said today, it expects the Philippines’ gross domestic product (GDP) to grow six percent this year, and solid domestic demand will drive economic growth.The World Bank’s Philippines Economic Update (PEU) said, strong domestic demand in …
