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Philippines’ growth outlook clouded by inflation risks. THE Philippines is likely to continue its stable growth trajectory in the medium term, although inflation and elevated interest rates remain major risks to this outlook, analysts said.
Philippines’ top 1,000 companies post P16.7 trillion in revenues in ...
Jan 8, 2024 · Petron Corp. returned as the largest corporation in the Philippines in 2022, ending Manila Electric Co.’s (Meralco) two-year stint as the country’s top-grossing company. Petron, which last topped the list in 2019, posted P438.87 billion in gross revenue in 2022, which was an 82.1% increase from P240.94 billion the previous year.
Philippines may benefit from new globalization
February 11, 2021 | 12:32 am. THE PHILIPPINES could benefit substantially from the ongoing massive shift in global trade, with the services sector likely to see the most gains, the Asian Development Bank (ADB) said. While the coronavirus pandemic and lockdowns disrupted global economy and trade, the ADB said Asia should adopt stronger trade ...
Banking & Finance Archives - BusinessWorld Online
Oct 25, 2024 · PHL digital banks told to offer targeted products, boost scale to be profitable. PHILIPPINE digital banks need to focus on specific consumer segments and increase their scale to achieve stable profits, international management consulting firm Arthur D. Little said.
Top Stories Archives - BusinessWorld Online
Nov 5, 2024 · Domestic demand key to insulating PHL from US trade risks. THE PHILIPPINES needs to boost domestic demand to insulate its economy from a potential setback on multilateralism, which is likely to happen if Donald J. Trump returns to power in the United States, according to economists.
Economy Archives - BusinessWorld Online
Oct 25, 2024 · LATEST NEWS. Fuji-Haya, LS Electric power up at 49 th IIEE Annual National Convention October 25, 2024 | 6:04 pm; Rediscover the charm of the Philippines: Plantation Bay Resort and Spa’s vibrant cultural tour in Japan October 25, 2024 | 5:06 pm; Sam Shoaf returns with a new single that’s sure to get you in your feelings October 25, 2024 | 4:42 pm; No ‘external force’ can change our ...
The economic legacy of Marcos - BusinessWorld Online
Mar 6, 2022 · The most fervent of Marcos’ supporters will refer to his two-decade-long administration as being a “golden age” for the Philippine economy. They highlight the growth during the martial law years: From 1972 to 1981, the country grew at an average rate of 5.71%. But from 1965 to 1985, the country’s real GDP only grew at an average annual ...
Addressing the Philippines’ learning crisis - BusinessWorld Online
Sep 5, 2022 · WB estimated that due to learning losses, an average annual earning per student will decrease by $893 to $1,137, or a loss of present value of individual lifetime earnings by $16,287 to $20,752. Further on the pandemic’s impacts, WB observed that an additional 1.6 million students were out of school in 2021 as overall basic education ...
Addressing the Philippine education crisis - BusinessWorld Online
Jul 6, 2021 · By Bernardo M. Villegas. It is obvious that the Philippine Government is struggling to comply with the constitutional mandate that the State is obliged to provide free quality education at the basic education level for all Filipino children and youth. The inadequacies of the State are either due to limited funds or poor governance or both.
Central bank approves BPI sale of stake in GoTyme Bank
Oct 11, 2024 · THE BANGKO SENTRAL ng Pilipinas (BSP) has approved Bank of the Philippine Islands’ (BPI) sale of its shares in GoTyme Bank, which it gained from its merger with Robinsons Bank Corp. (RBC). “Please be advised that in its Resolution No. 1145 dated Oct. 3, the (BSP) approved the sale of BPI’s shareholdings in GoTyme Bank Corp. in favor of GoTyme Financial Pte. Ltd. and Giga Investment ...