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Funding pledges fall to 13-year low

Funding pledges fall to 13-year low

Individuals stroll previous a mural in Paco, Manila, Could 14. — Philippine Star/ KJ ROSALES FOREIGN INVESTMENT pledges fell to their lowest in additional than a decade within the first quarter, as sentiment was affected by one other virus surge in January. Information from the Philippine Statistics Authority (PSA) revealed on Tuesday confirmed the worth...

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Remittances bounce 3.2% in March

Remittances bounce 3.2% in March

REUTERS By Keisha B. Ta-asan MONEY SENT HOME by abroad Filipinos rose by 3.2% in March, reflecting improved financial situations in lots of host international locations as pandemic restrictions eased. Information launched by the Bangko Sentral ng Pilipinas (BSP) on Monday confirmed money remittances despatched via banks stood at $2.59 billion in March, up from...

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Analysts divided on charge hike transfer

Analysts divided on charge hike transfer

An attendant fills a automobile at a gasoline station in Tondo, Manila. — PHILIPPINE STAR/ RUSSELL A. PALMA By Luz Wendy T. Noble, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) might nonetheless preserve charges regular on Thursday because it waits for extra proof of a strong financial restoration, though some analysts mentioned a charge hike...

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A summer season drive with a brand new Lexus

A summer season drive with a brand new Lexus

Beat the warmth with a long-awaited highway journey aboard the Lexus RX or the Lexus IS The decision of the open highway is troublesome to disregard throughout the summer season season. A visit to the seaside, mountains, or different cities with household and family members is an effective way to relaxation and rejuvenate the soul. These...

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Q1 GDP surpasses pre-pandemic stage

Q1 GDP surpasses pre-pandemic stage

PEOPLE cross Roxas Boulevard in Manila, Might 1. — PHILIPPINE STAR/ MIGUEL DE GUZMAN By Abigail Marie P. Yraola, Researcher THE PHILIPPINE ECONOMY expanded by a better-than-expected 8.3% within the first quarter, surpassing the pre-pandemic output stage as family spending surged amid the easing of coronavirus curbs. Preliminary knowledge launched by the Philippine Statistics Authority...

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Agricultural output shrinks in Q1

Agricultural output shrinks in Q1

A vendor arranges eggs on the Paco public market in Manila. — PHILIPPINE STAR/ RUSSELL PALMA By Luisa Maria Jacinta C. Jocson, Reporter THE COUNTRY’S total agricultural output shrank by an annual 0.3% by worth within the first quarter, as a consequence of a decline in fisheries, livestock and crop manufacturing, authorities information confirmed. In...

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Buyers await Marcos Cupboard picks

Buyers await Marcos Cupboard picks

Supporters have fun in entrance of former Senator Ferdinand R. Marcos Jr.’s marketing campaign headquarters alongside EDSA in Mandaluyong Metropolis, Could 9. — PHILIPPINE STAR/ MIGUEL DE GUZMAN By Tobias Jared Tomas ALL EYES at the moment are on Ferdinand R. Marcos, Jr.’s Cupboard picks, significantly his financial group, after the previous senator appeared to...

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Inflation a ‘headache’ for subsequent chief

Inflation a ‘headache’ for subsequent chief

PHILIPPINE STAR/ EDD GUMBAN THE PHILIPPINES’ subsequent president wants to right away tackle rising inflation and fiscal points, because the economic system recovers from a coronavirus pandemic and the Russia-Ukraine conflict, analysts mentioned.  Filipinos on Monday voted in an election that was typically peaceable however marred by malfunctioning vote-counting machines and lengthy traces. (Associated story...

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Q1 GDP development probably picked up — ballot

Q1 GDP development probably picked up — ballot

Folks take pleasure in a day stroll alongside Roxas Boulevard in Manila, Might 1. — PHILIPPINE STAR/ MIGUEL DE GUZMAN By Bernadette Therese M. Gadon, Researcher THE PHILIPPINE ECONOMY probably expanded within the first quarter because of favorable base results and election spending, however the surge in international oil and commodity costs could have dampened...

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Commerce deficit widens in March

Commerce deficit widens in March

ICTSI.COM By Bernadette Therese M. Gadon, Researcher THE nation’s trade-in-goods deficit widened to a three-month excessive in March as imports outpaced exports which may dampen the financial output within the first quarter. Preliminary knowledge from the Philippine Statistics Authority (PSA) confirmed the worth of merchandise exports grew by 5.9% to $7.171 billion in March, easing...