ph growth – Thinking Port

AMRO: 2020 PH growth to hit 6.4%

February 25, 2020 admin amro, Economic Growth, ph growth, Top Business

Credit to Author: Lisbet K. Esmael| Date: Tue, 25 Feb 2020 17:04:04 +0000

PHILIPPINE economic growth is forecast to pick up to 6.4 percent this year on the back of increased government spending, according to the Asean+3 Macroeconomic Research Office (AMRO). In a statement on Tuesday, the regional macroeconomic surveillance organization said the country’s economy would rebound despite gross domestic product registering an eight-year-low of 5.9 percent in […]

Manila News Philippines

S&P cuts PH growth forecast to 6.1%

February 19, 2020 admin 2020 forecast, credit rating agencies, Economic Growth, Forecast, GDP, gdp growth, gdp growth forecast, gross domestic product, ph growth, philippine economic growth, philippine gross domestic product, s&p, standard & poor's, Top Business, top business news

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 19 Feb 2020 17:37:23 +0000

S&P Global Ratings has trimmed its growth outlook for the Philippine economy this year as it believes the coronavirus disease 2019 (Covid-19) outbreak will weaken the country’s supply chains. The credit rating agency now projects Philippine gross domestic product (GDP) to expand by 6.1 percent, lower than its previous forecast of 6.2 percent. The updated […]