MANILA, Jan. 11 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies...
The Asian Development Bank forecasts a 6.0 percent GDP growth in 2022 and 6.3 percent in 2023 for the country. The country's GDP grew by 5.7 percent in 2021 after the economy contracted by 9.6 percent in 2020 due to the pandemic.■
“Key to sustaining a strong growth momentum is keeping public infrastructure spending at levels above 5.0 per cent of GDP, as the government has planned for this year and in the medium term. High-impact infrastructure projects that will help connect communities to ...
Construction Market Quarterly Update contains data from Third Quarter of 2023, in which the Philippine GDP posted a growth of 5.9 percent.
Construction Market Quarterly Update contains data from Third Quarter of 2023, in which the Philippine GDP posted a growth of 5.9 percent.
Nov 25 Data Release: Philippine GDP Growth Takes a BreatherMikka Pineda
(BBB/Stable). Robust Economic Outlook: Economic activity continues to pick up in the Philippines, with GDP growing at 6% in 1H24 (2023: 5.6%), providing a favourable operating environment for banks to conduct business and generate business volumes. We project GDP growth to remain brisk at ...
The outsourcing industry has been on an upwards trend since the late 1980s experiencing huge growth from US$266.9 billion in 2018, to an expected value of US$445.3 billion by 2023. The Asia-Pacific region is the second largest provider of outsourcing services, accounting for 27-28% of the ...
Twenty senators voted for the agreement, paving the way for ratifying the world's largest free trade area representing 30 percent of the global gross domestic product (GDP). One senator abstained, and one voted against it. The RCEP, whic...
recent interview with Yangcheng Evening News column “Record GBA”, Benito Techico, Philippine President Ferdinand Romualdez Marcos' special envoy to China for trade, investments, and tourism, said he has no doubt that China will be able to achieve its expected GDP growth target of 5% in 2023....