gen-dbm
Read More

Philippines: Economic managers retain growth targets

MANILA, Philippines – The government is retaining its economic growth targets over the medium term as it expects the country’s macroeconomic fundamentals to remain stable, the inter-agency Development Budget Coordination Committee (DBCC) said Friday. Budget Secretary and DBCC chairman Benjamin Diokno said gross domestic product (GDP) growth forecast remains unchanged at 6.5 percent to 7.5 […]

Read More
bureau-of-customs
Read More

Philippines: Customs exceeds collection target in May

MANILA, Philippines – The Bureau of Customs (BOC) collected P39.34 billion in May, exceeding the P38.28-billion target for the month, the Department of Finance (DOF) said yesterday. Citing Customs Commissioner Nicanor Faeldon’s report to Finance Secretary Carlos Dominguez, the DOF said the bureau’s collection in May rose by 23.52 percent from the P31.85 billion recorded […]

Read More
japan-exports
Read More

Philippines: Trade deficit narrows in April

MANILA, Philippines – The country’s trade deficit narrowed by 20.5 percent in April on double-digit growth in exports to East Asia and the European Union (EU) , the National Economic and Development Authority (NEDA) said yesterday. Total trade in goods in April rose by 4.6 percent to $11.663 billion from $11.149 billion last year, data […]

Read More
bangko-sentral-ng-pilipinas
Read More

Philippines: Consumer confidence at all-time high in Q2

MANILA, Philippines – Filipino consumers are more optimistic, with the confidence index soaring to a record high in the second quarter, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.  Rosabel Guerrero, director at the BSP’s Department of Economic Statistics (DES), said results of the second quarter Consumer Expectation Survey (CES) showed the consumer confidence index […]

Read More
bizwx_arz_1006_uk-electionpdf
Read More

Some Malaysian companies to take a hit from currency drop

A SHARP decline in the British pound following the results of the UK election yesterday will impact a number of Malaysian companies that are in the property development, utility and casino operation sectors. Yesterday, the UK election results delivered a hung parliament, where no party gained a clear majority. This would essentially mean that the […]

Read More