With economic growth slowing to its lowest pace since the second quarter of 2023, economists pointed to lower inflation and eased monetary policy as potential catalysts for boosting consumption, although trade barriers and peso volatility could hinder this progress. "Admittedly, a continued boost...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) announced on Saturday, Nov. 9, that “Nika” has intensified into a tropical storm. (MB Visual Content Group) In its 5 p.m. bulletin, PAGASA reported that the center of Tropical Storm Nika was located 1,005...
The National Economic and Development Authority (NEDA) remains confident that the government can still achieve its full-year growth target despite a slowdown in gross domestic product (GDP) growth in the third quarter of 2024. In a briefing on Thursday, Nov. 7, the Philippine Statistics Authority...
By DERCO ROSAL While the majority of expectations nod to an uptick in October inflation, economists surveyed by Manila Bulletin hold mixed forecasts for the Philippines’ third-quarter 2024 economic performance, noting both growth opportunities and possible risks ahead. Following the four-year low...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) has forecasted cloudy skies with isolated rain showers in parts of Luzon and Visayas on Saturday, Nov. 2. (MB Visual Content Group) According to its weather forecast, PAGASA said the easterlies will affect the...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) announced on Saturday, Oct. 26, that Tropical Storm Kong-rey, currently outside the Philippine Area of Responsibility (PAR), is expected to enter the PAR tonight or early Sunday morning, Oct. 27. (Courtesy of...
Scattered rains and thunderstorms are expected in areas of Southern Luzon on Saturday, Oct. 26, due to the trough of Severe Tropical Storm “Kristine.” (KEITH BACONGCO / MANILA BULLETIN) In its latest weather bulletin, the Philippine Atmospheric, Geophysical, and Astronomical Services...
By DERCO ROSAL The Bank of the Philippine Islands (BPI) expects the economy to continue outperforming its peers from the Asia-Pacific region, driven by anticipated strong consumer consumption, increased food supply, and stable global commodity prices. “Inflation is expected to be more manageable...
Isolated rain showers and cloudy skies are expected in some parts of the country on Saturday, Oct. 19. (KEITH BACONGCO / MANILA BULLETIN) In its weather bulletin, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said the Intertropical Convergence Zone...
The Philippines' below-goal and slowing near-term economic growth would be unlikely to gain from China's massive stimulus due to meager exports to the mainland, according to Deutsche Bank Research. Deutsche Bank's global macro forecasts released on Tuesday, Oct. 15, showed projected gross domestic...
Warm winds from the Pacific Ocean, known as "easterlies," will bring cloudy skies with isolated rain showers to parts of Luzon and the Visayas on Tuesday, Oct. 15. (MB Visual Content Group) In its weather update, the Philippine Atmospheric, Geophysical, and Astronomical Services Administration...
Cloudy skies with scattered rain showers are expected in parts of Luzon and Visayas on Monday, Oct. 14, due to the shear line and easterlies. (MB Visual Content Group) In a weather update, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said the shear line...
