Tag: unlikely
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NCR wage hike unlikely to hurt economy — NEDA
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THE NATIONAL Economic and Development Authority (NEDA) on Tuesday said the wage hike in Metro Manila would have little-to-no impact on growth targets, adding that it could be offset by an investment-driven expansion of the economy.
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PHL unlikely to breach upper end of growth goal
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THE PHILIPPINES may have difficulty achieving the upper end of the government’s 6-7% gross domestic product (GDP) growth target this year amid expectations of weaker consumption and investment, Fitch Solutions’ unit BMI said. “The economy will find it hard to breach the upper half of the 6-7% growth target which…
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Philippines’ move to upper middle-income level unlikely by 2025
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THE PHILIPPINES is unlikely to achieve the government’s goal of becoming an upper middle-income country by 2025, analysts said. Analysts said Philippine gross domestic product (GDP) needs to expand by at least 6% annually in the near term to ensure a significant growth in Filipino incomes. “The Philippines can still…
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BSP rate cuts unlikely this year — ANZ
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THERE IS NO ROOM for the Bangko Sentral ng Pilipinas (BSP) to cut rates this year as inflation may still potentially breach the target, ANZ Research said. “Rate cuts in Indonesia and the Philippines are also not on the table this year… In the Philippines, inflation though receding, is still…
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Further BSP rate hikes unlikely even if inflation exceeds target anew
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FURTHER TIGHTENING by the Bangko Sentral ng Pilipinas (BSP) is unlikely unless inflation expectations take a turn for the worse, analysts said.
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Inflation uptick unlikely in April, says NEDA official
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HEADLINE INFLATION is unlikely to accelerate in April amid the harvest season, although risks from the El Niño dry spell remain, a National Economic and Development Authority (NEDA) official said on Monday. “We’re hoping that it (inflation) will be good because we’re already harvesting,” NEDA Undersecretary Rosemarie G. Edillon told…