Tag: likely
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BSP chief says ‘a little bit less likely’ to cut rates
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THE BANGKO SENTRAL ng Pilipinas (BSP) is now “a little bit less likely” to cut rates at its Aug. 15 meeting after inflation breached the 2-4% target band in July, its governor said. “A little bit less likely (to ease) because inflation is high. But we have to look at…
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Agricultural output likely shrank in Q2 due to El Niño
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THE PHILIPPINES’ overall agricultural output may have declined in the second quarter after crop production likely bore the brunt of droughts caused by the El Niño weather phenomenon, analysts said.
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Inflation likely rose in July — poll
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HEADLINE INFLATION likely accelerated in July but remained within the central bank’s 2-4% target range, analysts said.
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PHL economy likely grew more than 6% in Q2 — Finance chief
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THE PHILIPPINE ECONOMY likely grew faster in the second quarter amid better state spending and increased household consumption, the Department of Finance (DoF) said. “If you’re talking about growth rate for the second quarter, I think we’re pretty optimistic. It will be higher than the first (quarter),” Finance Secretary Ralph…
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BPO, traditional firms likely to lift office market after POGO exit
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INFORMATION TECHNOLOGY and business process management companies as well as traditional offices are expected to pick up the slack as Philippine offshore gaming operators (POGOs) are set to vacate offices around the country, real estate consultants said.
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Philippines likely to post one of the fastest growth rates in Asia this year, 2025 — IMF
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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…
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PHL likely to grow by 5-6% this year — House think tank
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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.
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‘Larger-than-expected’ rate cuts likely — Nomura
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THE BANGKO SENTRAL ng Pilipinas (BPS) may deliver “larger-than-expected” rate cuts, with the possibility of up to 250 basis points (bps) worth of reductions until 2025, Nomura Global Markets Research said. “Compared to our baseline, risks are skewed towards more easing in the Philippines and Thailand, less easing in India,”…
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PHL likely to be ‘big winner’ once India eases rice export restrictions
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THE PHILIPPINES is seen to benefit the most from an expected decline in global rice prices once India relaxes restrictions on rice exports, Nomura Global Markets Research said. “We expect the Philippines to be the biggest winner in Asia, given the high share of rice in its consumer price index…
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June inflation likely within target
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HEADLINE INFLATION likely remained steady in June and settled within the central bank’s 2-4% target for a seventh straight month, analysts said.