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Philippines: Stock trading hinges on Q2 GDP results

Philippines: Stock trading hinges on Q2 GDP results Monday, August 14, 2016 – RESULTS of the second quarter gross domestic product (GDP) are likely to dictate the pace and direction of trading on the Philippine Stock Exchange this week. In a weekly market outlook, online brokerage 2TradeAsia.com expects GDP numbers to be released on Thursday […]

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Philippines: Weak exports tame Q2 GDP growth – analysts

Philippines: Weak exports tame Q2 GDP growth – analysts Monday, August 14, 2016 – Analysts expect weak exports to have tamed a still fast economic growth in the second quarter. In separate research notes, Moody’s Analytics and Singapore-based DBS Ltd. said growth, as measured by gross domestic product (GDP), could fall below the 6.9 percent […]

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Philippines: Q2 GDP grew on election spending – analysts

Philippines: Q2 GDP grew on election spending – analysts Sunday, August 14, 2016 – Estimates range from 6.1% to 7.2%THE economy likely expanded in the second quarter of 2016 year-on-year, boosted by election spending, higher government spending, and private consumption, according to analysts polled by The Manila Times.These growth-positive inputs likely diminised the negative impact […]

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Philippines: Net FDI down in May

Philippines: Net FDI down in May Thursday, 11 August 2016 – Elections likely caused investor jitters in May, pulling down foreign direct investments (FDI) by nearly a 10th, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. FDI recorded a net inflow of $364 million, 9.6 percent down from $403 million in the same period a […]

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Philippines: Exports drop for 15th straight month in June

Philippines: Exports drop for 15th straight month in June Thursday, 11 August 2016 – Merchandise exports fell 11.4 percent in June, its 15th straight month of decline, due to the persistent weak demand from major export markets, the National Economic and Development Authority (NEDA) said yesterday. Based on Philippine Statistics Authority (PSA) data, total export […]

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