News from Philippines Economy
Stay current with all the latest and breaking news about Philippines Economy, compare headlines and perspectives between news sources on stories happening today. In total, 237 stories have been published about Philippines Economy which Ground News has aggregated in the past 3 months.
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Wages · PhilippinesA LABOR group has called out the Department of Labor and Employment (DoLe) and the National Wages and Productivity Commission (NWPC) for ignoring the constitutional rights of more than 4 million private sector workers to a living wage.The Associated Labor Unions (ALU), one of the largest labor federations in the country, said that under the Wage Rationalization Act (Republic Act 6727), living wage tops the 10 criteria in determining wages, but i…See the Story
Labor group blasts DoLE, wage panels
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Trade · PhilippinesNorway expects trade with the Philippines to continue to rise, supported by an existing free trade agreements (FTAs) and the growing market that will encourage more Norwegian firms to do business in the country.See the Story
Norway sees stronger economic ties with Philippines
100% Left coverage: 1 sources
Ferdinand Marcos Jr. · PhilippinesBATANGAS CITY — Highlighting its role as a port of national significance that handles large volumes of trade and passengers, President Ferdinand Marcos Jr. on Friday pushed for the continued expansion of the Port of Batangas as a crucial phase in the country’s economic transformation. The President cited the “multiple strategic roles” of the Batangas […]...Keep on reading: Marcos launches Port of Batangas expansion projectSee the Story
Marcos launches Port of Batangas expansion project
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Economy · ManilaThe Economist recently ran a piece titled, “Without fanfare, the Philippines is getting richer.” Paywalled as it is, many people only got to read the title and the social media captions. On X (formerly Twitter), the post about it got angry and bemused reactions from Filipinos, ranging from “no, it’s only the rich who are getting richer” to “meh.” I got to read the article itself, and I agree with many of the points made, including: the Philippin…See the Story
[In This Economy] Is the Philippines quietly getting richer?
100% Left coverage: 1 sources
Stock Markets · PhilippinesHONG KONG, China — Markets were mixed on Friday after forecast-topping earnings from Microsoft and Alphabet helped soothe worries that a tech-fuelled rally may have been overdone, while the yen hit a fresh 34-year low after the Bank of Japan stood pat on interest rates. However, the mood was clouded by fresh worries about the economic outlook after worse-than-expected US data combined with a forecast-topping print on core inflation that fanned s…See the Story
Asian markets mixed as strong US tech earnings offset poor data
100% Left coverage: 1 sources
Inflation · ManilaMANILA, Philippines — It is becoming more likely that the Bangko Sentral ng Pilipinas (BSP) will delay its rate cuts as inflation remains stubbornly high, HSBC Research said, adding that further raising rates will not work against supply-side price pressures and is unlikely to happen anyway. In a commentary, Aris Dacanay, an economist at HSBC, […]...Keep on reading: HSBC bets on late BSP rate cutSee the Story
HSBC bets on late BSP rate cut
100% Left coverage: 1 sources
IPO · PhilippinesMANILA, Philippines — OceanaGold Philippines Inc., the first company to brave the stock market this year, slashed its initial public offering (IPO) price by 23 percent amid inflation and global uncertainties, finalizing the equity deal at P6 billion. The Philippine Stock Exchange (PSE) on Wednesday said OceanaGold had set the offer price for 456 million […]...Keep on reading: OceanaGold IPO priced at P13.33See the Story
OceanaGold IPO priced at P13.33
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Economy · ManilaMANILA, Philippines — The economy could still hit the 6 percent growth target this year, even if the Bangko Sentral ng Pilipinas (BSP) decides to cut rates later than previously expected, the state’s chief socioeconomic planner said. Speaking to reporters on Monday, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda) said the […]...Keep on reading: 2024 GDP growth can still hit 6%, says NedaSee the Story
2024 GDP growth can still hit 6%, says Neda
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