Moody's raises Philippines 2023 growth target to 6.1%
Last year, the Philippines emerged as the third fastest growing economy in the region with a GDP growth of 7.6%
Source: zawya.com
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Philippine unemployment rate eases to 4.5% in April
The employment rate rose to 95.5% in April from 94.3% in the same month a year ago, and 95.3% in the previous month
Source: zawya.com
BSP may keep rates on hold until next year: Philippines
Aris Dacanay, economist for ASEAN at HSBC, said the further easing of inflation to a 12-month low of 6.1 percent in May from 6.6 percent in April keeps the policy rate outlook unchanged
Source: zawya.com
Easing of inflation to 6.1% encouraging
Earlier yesterday, the Philippine Statistics Authority (PSA) announced the easing of the country's inflation rate for the fourth straight month in May
Source: zawya.com
Infrastructure development in Philippines to accelerate further
Last March, the economic team of the Marcos administration announced the planned roll out 194 flagship projects worth P9 trillion
Source: zawya.com