Tag: bworldonline
-
AMRO trims PHL growth forecasts
•
THE ASEAN+3 Macroeconomic Research Office (AMRO) trimmed its Philippine economic growth forecast for this year and in 2025, amid slowing external demand. In its latest update, AMRO sees Philippine gross domestic product (GDP) expanding by 6.1% this year, slightly lower than the 6.3% in the April report. Despite the downgrade,…
-
Philippines likely to post one of the fastest growth rates in Asia this year, 2025 — IMF
•
THE PHILIPPINES will likely post the second-fastest growth in Asia this year and in 2025, the International Monetary Fund (IMF) said. In its latest World Economic Outlook report, the IMF maintained its gross domestic product (GDP) growth forecast for the Philippines at 6% this year and 6.2% in 2025. If…
-
BIR collection of withholding tax from online sellers starts
•
THE BUREAU of Internal Revenue (BIR) on Monday started collecting a withholding tax on online platforms and sellers.
-
BoI says investment approvals may hit P1.6T this year
•
APPROVED investment pledges may hit P1.6 trillion this year, amid expectations of higher inflows of foreign direct investments (FDIs) and the pipeline of green lane-endorsed projects, a Trade official said. Board of Investments (BoI) Managing Head and Trade Undersecretary Ceferino S. Rodolfo said the positive outlook stems from the central…
-
NexGen Energy stock price climbs 1.8% following market debut
•
NEXGEN Energy Corp., a newly listed renewable energy (RE) company, saw its stocks rise by 1.79% or three centavos to P1.71 per share following its market debut on Tuesday, exceeding its initial price of P1.68 each.
-
Fastest in five months: Cash remittances jump by 3.6% in May — BSP
•
MONEY SENT HOME by overseas Filipino workers (OFWs) rose by 3.6% in May, its fastest pace in five months, data from the Bangko Sentral ng Pilipinas (BSP) showed.
-
NG’s use of GOCCs’ excess funds flagged
•
BUDGET ANALYSTS on Monday flagged the National Government (NG) for diverting excess funds from state-owned companies, noting that the move may compromise their services while the funds may likely be used by politicians as the 2025 polls near.
-
Meralco rates up by P2 per kWh in July as power costs ‘normalize’
•
HOUSEHOLDS SERVED by Manila Electric Co. (Meralco) will face higher power bills this month as rates go up by more than P2 per kilowatt-hour (kWh) due to a normalization in power costs.
-
A one-stop shop for sneakers, LEGO, Funko Pop, and NBA cards
•
THE THRILL of finding and obtaining rare, coveted shoes is what bonds the sneakerhead community. Sleek running shoes, chunky and colorful Japanese-style shoes, and classic Air Force Ones worn by many a basketball player are just a few of the many types of sneakers a collector might want.
-
PHL likely to grow by 5-6% this year — House think tank
•
THE GOVERNMENT of President Ferdinand R. Marcos, Jr. might have done enough pump-priming and should let the private sector take on a bigger role in boosting the economy, according to a congressional think tank.