Tag: likely
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NCR wage increase likely in July, says Labor chief
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A WAGE INCREASE in the Philippine capital and nearby cities is likely in July, based on past decisions by the regional wage board, according to the country’s Labor chief.
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Peso to remain weak as BSP appears less likely to defend
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THE PESO may remain weak against the dollar as the Bangko Sentral ng Pilipinas (BSP) is not expected to “strongly” defend the currency amid its recent dovish policy signals, Bank of America (BofA) Global Research said. “(The Philippine peso) remains on the weaker side, taking cues from the BSP’s dovish…
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IT-BPM industry likely to hit 7% goal
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THE INFORMATION TECHNOLOGY and business process management (IT-BPM) industry is on track to achieve a 7% growth in revenue and headcount by the end of 2024, an industry group said. Jack Madrid, president of the IT and Business Process Association of the Philippines (IBPAP), told reporters on Wednesday that the…
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BSP likely to keep policy stance tight
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THE BANGKO SENTRAL ng Pilipinas (BSP) is still likely to keep its policy settings tight even as inflation settled within the target for a sixth straight month in May.
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May inflation likely hit 4% — poll
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HEADLINE INFLATION likely quickened for a fourth straight month in May, mainly due to a spike in electricity costs, analysts said.
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Economic growth likely faster in Q1
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PHILIPPINE economic growth likely picked up in the first quarter from the prior three-month period amid strong private consumption and government spending, but elevated inflation and interest rates could have hampered expansion, analysts said.
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Inflation likely quickened in April
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HEADLINE INFLATION may have quickened for a third straight month in April and possibly breached the Philippine central bank’s 2-4% target range, analysts said.
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Q1 GDP likely grew by 5.8-6.3%, says Recto
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PHILIPPINE ECONOMIC GROWTH in the first quarter could have settled between 5.8% and 6.3%, Finance Secretary Ralph G. Recto said. “Anything higher than 5.5% is a win because last year we grew by 5.5%. If we grew by 5.8%, that’s good enough. That should be one of the highest in…