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The Hongkong and Shanghai Banking Corp. (HSBC) sees the country’s economic expansion falling below six percent over the next two years amid the severe El Niño, low level of infrastructure spending, and uncertainty in the global financial market.

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Joseph Incalcaterra

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                    [Title] => HSBC sees BSP keeping rates steady
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The Hongkong and Shanghai Banking Corp. (HSBC) sees the Bangko Sentral ng Pilipinas (BSP) keeping interest rates unchanged during its last policy-setting meeting for this year scheduled on Thursday.

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                    [Title] => HSBC trims Philippine growth forecasts
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abtest

Current account deficit has already peaked in 2nd half of 2018 — economists

By Lawrence Agcaoili | January 14, 2019 - 12:00am

Investment banks said the country’s current account deficit may have already peaked in the second half of last year.

Business

Asia, Mideast remittance to offset weak US trends

By Ehda Dagooc | January 24, 2016 - 9:00am

While overseas remittance has dwindled in recent months, job demand from other countries however, especially from aging societies in Asia, is seen to help sustain its strength.

Freeman Cebu Business

HSBC sees Philippine growth below 6% in 2016-17

By Lawrence Agcaoili | January 8, 2016 - 9:00am

The Hongkong and Shanghai Banking Corp. (HSBC) sees the country’s economic expansion falling below six percent over...

Business

HSBC sees BSP keeping rates steady

By Lawrence Agcaoili | December 14, 2015 - 9:00am

The Hongkong and Shanghai Banking Corp. (HSBC) sees the Bangko Sentral ng Pilipinas (BSP) keeping interest rates unchanged...

Business

HSBC trims Philippine growth forecasts

By Lawrence Agcaoili | October 9, 2015 - 10:00am

The Hongkong and Shanghai Banking Corp. (HSBC) slashed the country’s economic growth projections amid the weaker-than-expected expansion in the first half due to weak global demand and lack of government ...

Business