Tag: 2028
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DBCC keeps growth targets until 2028 despite external headwinds
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ECONOMIC MANAGERS on Thursday retained their growth targets for this year until 2028 despite external headwinds. The Development Budget Coordination Committee (DBCC), which sets official macroeconomic assumptions and fiscal program, maintained its Philippine gross domestic product (GDP) growth target at 6-7% this year, and at 6.5-7.5% in 2025. “Despite external…
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NEDA open to adjusting rice tariffs before 2028
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THE GOVERNMENT is open to adjusting tariff rates on rice imports if global prices show a steady decline, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said on Monday.
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PHL may grow below target until 2028
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THE PHILIPPINE ECONOMY may grow slower than the government’s targets this year through 2028, as high interest rates weigh on consumption, according to a global think tank. “High interest rates constrict domestic demand, so that’s one of the reasons why we’re a bit more bearish on the [Philippine] economy,” Andrew…
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South Africa’s Solar Sector Set To Surge With $3.74 Billion Market Expansion By 2028 – Report
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South Africa’s solar energy sector is poised for a significant leap forward, with a projected market growth of $3.74 billion between 2023 and 2028. This optimistic outlook is driven by […] The post South Africa’s Solar Sector Set To Surge With $3.74 Billion Market Expansion By 2028 – Report appeared…
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Asialink Finance plans IPO by 2028
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ASIALINK Finance Corp. (Asialink) is gearing up to conduct an initial public offering (IPO) by 2028, its chief executive officer said on Wednesday. In preparation for this milestone, the finance company is working to strengthen its financial standing, Asialink Chief Executive Officer Robert B. Jordan, Jr. said during a briefing.…