Tag: this
-
PSE to submit formal PDS buyout offer this week
•
THE BANKERS Association of the Philippines (BAP) expects the Philippine Stock Exchange (PSE) to submit this week a formal offer to acquire the Philippine Dealing System Holdings Corp. (PDS Group). “I think we’re expecting a formal offer from PSE, so we expect that maybe (this) week, a formal offer. Then…
-
BMI says Philippine consumer spending to accelerate this year
•
HOUSEHOLD CONSUMPTION is seen to accelerate this year amid easing inflation, Fitch Solutions’ unit BMI said. “We hold a positive outlook for consumer spending in the Philippines in 2024 and 2025,” it said in its latest commentary. “While household spending already recovered to the pre-COVID levels in 2022, the rate…
-
Air conditioning causes around 3% of greenhouse gas emissions. How will this change in the future?
•
Demand is set to triple by 2050. Can it be met in an energy-efficient way?<br><br><a href="https://ourworldindata.org/air-conditioning-causes-around-greenhouse-gas-emissions-will-change-future" target="_blank"><img src="https://ourworldindata.org/images/published/energy-demand-ac-featured.png"/></a>
-
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…
-
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…
-
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.
-
Government considering Samurai, dollar bonds this year
•
THE GOVERNMENT is looking to issue Japanese yen-denominated and US dollar-denominated bonds within the year, the Finance chief said. “I expect both the dollar and possibly Samurai bonds this year. Both are being considered,” Finance Secretary Ralph G. Recto told reporters on the sidelines of the Economic Journalists Association of…
-
Philippines to post huge twin deficits this year
•
THE PHILIPPINES will continue to post large deficits for the current account and budget this year due to an expected increase in rice imports and infrastructure spending, Nomura Global Markets Research said. “We expect the current account deficit (CAD) to remain large and fiscal consolidation targets to be challenging this…
-
How many people die from extreme temperatures, and how could this change in the future: Part one
•
Cold deaths vastly outnumber heat-related ones, but mostly due to “moderate” rather than extremely cold conditions.<br><br><a href="https://ourworldindata.org/part-one-how-many-people-die-from-extreme-temperatures-and-how-could-this-change-in-the-future" target="_blank"><img src="https://ourworldindata.org/images/published/heat-mortality-featured-image.png"/></a>
-
How many people die from extreme temperatures, and how could this change in the future: Part two
•
Climate change will drive very unequal impacts, with fewer deaths at higher latitudes but increased heatwave deaths across the tropics.<br><br><a href="https://ourworldindata.org/part-two-how-many-people-die-from-extreme-temperatures-and-how-could-this-change-in-the-future" target="_blank"><img src="https://ourworldindata.org/images/published/heat-deaths-climate-featured-image.png"/></a>