MANILA, Philippines — The jobless rate declined in September despite firms and businesses contending with piping hot inflation that suppressed the public’s purchasing power. A survey of 10,959 families nationwide showed there were 2.5 million Filipinos who were either unemployed or out of business in September, lower than the 2.68 million jobless people in August, […]
Read MoreFULL-YEAR economic growth expectations will have to be tempered given an expected third-quarter slowdown and the possibility of a further deceleration in the last three months of the year, analysts polled by The Manila Times indicated. With July-September results to be announced on Thursday, a survey of six economists led to a median growth forecast […]
Read MoreMANILA, Philippines — The economy likely grew at a slower pace in the third quarter as high inflation affected consumption, economists polled by The STAR said. Most, or six out of the seven, economists asked on their gross domestic product (GDP) growth forecast for the third quarter said the Philippine economy likely grew by a […]
Read MoreMANILA, Philippines — The country’s gross domestic product (GDP) growth likely slowed in the third quarter after easing to 7.4 percent in the second quarter from 8.2 percent in the first quarter, as inflation continues to bite, according to economists. Ruben Carlo Asuncion, chief economist at Union Bank of the Philippines, said the GDP expansion […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is likely to hike key policy rates by 175 basis points more, bringing the benchmark interest rate to six percent by the first quarter of next year, according to DBS Bank of Singapore. Chua Han Teng, economist at DBS, said the bottom line is that the […]
Read MorePrice index seen spiking up to 9.3% in December MANILA, Philippines — Inflation may hit up to 9.3 percent in December and remain elevated until the first quarter of next year given high global commodity prices and the lingering impact of recent typhoons, economists said. In an interview with ‘The Chiefs’ on One News, Jonathan […]
Read More
Thailand
