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New York-based think tank GlobalSource Partners raised its full-year Philippine economic growth forecast to 6.1 percent following the better-than-expected second quarter performance.

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                    [Title] => Phl growth forecast trimmed to 5.8%
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New York-based think tank Global Source has slashed its growth forecast for the Philippine economy this year, citing the controversy over the Disbursement Allocation Program which may further cut government spending and investments.

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The peso may plunge to the 46-per-dollar level in the coming weeks on the back of low interest rates and capital outflows, GlobalSource Partners said.

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Electricity rates are seen to remain volatile and spikes will continue to drive inflation upward, GlobalSource Partners said.

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                    [Title] => GDP growth seen to breach 7% in 2013
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The Philippine economy is expected to grow over seven percent this year, eclipsing the high end of the government’s official 6-7 percent target.

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                    [Title] => Analysts divided over Q1 growth performance
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Analysts carefully assessed the strong first quarter growth, with some welcoming it with upward revisions on their forecasts while others warned of risks that could stop the Philippines’ rise to economic power.

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                    [Title] => Phl economy needs better absorptive capacity – analysts
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The Philippine economy needs to hike its absorptive capacity in order to utilize large inflows expected as a result of the country’s promotion to investment grade status, analysts said.

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BERNARDO AND TANG

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abtest

US firm hikes Phl growth forecast

By Kathleen A. Martin | September 5, 2014 - 12:00am

New York-based think tank GlobalSource Partners raised its full-year Philippine economic growth forecast to 6.1 percent following...

Business

Phl growth forecast trimmed to 5.8%

By Kathleen A. Martin | July 19, 2014 - 12:00am

New York-based think tank Global Source has slashed its growth forecast for the Philippine economy this year, citing the controversy over the Disbursement Allocation Program which may further cut government spending...

Business

NY think tank sees peso plunging to 46:$1

January 23, 2014 - 12:00am

The peso may plunge to the 46-per-dollar level in the coming weeks on the back of low interest rates and capital outflows,...

Business

‘Power rates to remain volatile’

By Kathleen Martin | January 15, 2014 - 12:00am

Electricity rates are seen to remain volatile and spikes will continue to drive inflation upward, GlobalSource Partners said.

Headlines

GDP growth seen to breach 7% in 2013

By Ted P. Torres | September 1, 2013 - 12:00am

The Philippine economy is expected to grow over seven percent this year, eclipsing the high end of the government’s official 6-7 percent target.

Business

Analysts divided over Q1 growth performance

June 1, 2013 - 12:00am

Analysts carefully assessed the strong first quarter growth, with some welcoming it with upward revisions on their forecasts...

Business

Phl economy needs better absorptive capacity – analysts

May 8, 2013 - 12:00am

The Philippine economy needs to hike its absorptive capacity in order to utilize large inflows expected as a result of the...

Business