MANILA, Philippines – The country’s retailers are now feeling the pinch of heightened competition from the once ignored, but now rapidly growing online shopping business, industry players told The Star. Samie Lim, chairman emeritus of the Philippine Retailers Association (PRA), said many of their members are losing some customers to online shopping, which has become a […]
Read MoreMANILA, Philippines – Across the Philippines and Asia’s other emerging economies, some $800 billion in investment opportunities go unfilled each year because capital markets are less reliable than issuers might like. Infrastructure is a particularly acute need for the Philippines, which has set an ambitious goal of increasing its infrastructure spending to seven percent of […]
Read MoreMANILA, Philippines – The strong economic expansion in the second quarter gives monetary authorities flexibility to keep an accommodative monetary policy stance, according to the Bangko Sentral ng Pilipinas. BSP Deputy Governor Diwa Guinigundo said the growth rate in the second quarter promises to be sustainable despite being in the lower end of the 6.5 […]
Read MoreMANILA, Philippines – The Philippine economy grew at a sizzling pace in the second quarter, topping expectations as a government-led construction boom and an extended rebound in the farm sector took some of the sting off a peso wallowing at 11-year lows. The Southeast Asian nation is the second-fastest growing economy in Asia after China, […]
Read MoreMANILA, Philippines (Updated 11:35 a.m.) — The Philippine economy recorded a 6.5-percent growth in the second quarter of 2017, the government announced Thursday. The Philippines’ gross domestic product is lower than the 7.1-percent growth in the same period last year but slightly higher than the 6.4-percent growth in the first quarter of 2017, the Philippine Statistics Authority […]
Read MoreMANILA — The Philippine economy grew at a sizzling pace in the second quarter, topping expectations as a government-led construction boom and an extended rebound in the farm sector took some of the sting off a peso currency wallowing at 11-year lows. The Southeast Asian nation is the second-fastest growing economy in Asia after China, […]
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