[MANILA] The Philippine economy grew 6.9 per cent in the third quarter of 2021 from a year earlier, lower than the previously-reported growth estimate of 7.1 per cent, the statistics agency said on Wednesday. The government will release fourth-quarter gross domestic product data at around 0200 GMT on Thursday, with the economy projected to have […]
Read MoreMANILA, Philippines — The Philippine economy likely grew faster than previously projected last year, and continued support from the government is needed to sustain the recovery, the ASEAN+3 Macroeconomic Research Office (AMRO) said. In a new report released Tuesday, the regional surveillance organization projected the country’s gross domestic product (GDP) to have grown 4.9% year-on-year […]
Read MoreMANILA, Philippines — The Department of Agriculture (DA)’s fuel discount program for farmers and fishers is seen to benefit both producers and consumers, as it tempers production costs and market prices of some commodities. In a statement, the DA said it is set to implement the fuel discount for farmers and fisherfolk program as provided […]
Read MoreMANILA, Philippines — More economists are convinced that economic expansion slowed in the fourth quarter of last year due to the impact of the destruction caused by Super Typhoon Odette. But despite the projected slowdown in the last quarter, economists are confident that the gross domestic product (GDP) for 2021 will still be within the […]
Read MoreELECTRONIC payment transactions coursed through the Bangko Sentral ng Pilipinas’ clearing house recorded a double-digit growth in December last year. Data provided by BSP Deputy Governor Mamerto Tangonan on Monday showed that transactions made through InstaPay went up to P289 billion from P176.5 billion in 2020. From 30.6 million transactions last December 2020, InstaPay volume grew by […]
Read MoreAmid pandemic MANILA, Philippines — Fewer consumers expect their income to decline in the future due to the pandemic, according to a survey from information and insights company TransUnion. A study by TransUnion Philippines Consumer Pulse for the fourth quarter of 2021 showed 46 percent of consumers expect their household income to decrease due to […]
Read More
Thailand
