PH Economy Posts 7.1% GDP Growth in 3Q 2016

Manila—(PHStocks)—The Philippines’ gross domestic product (GDP) grew year-on-year by 7.1 percent in the third quarter of 2016. This growth is driven by Manufacturing, Trade, and Real Estate, Renting and Other Business Activities.  This is higher than the growth rates of 7.0 percent in the second quarter of 2016 and 6.2 percent in the third quarter […]
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Q3 Growth Seen at More Than 6%

The Philippine economy likely expanded by more than 6% during the third quarter, faster than the gross domestic product (GDP) growth rates posted in the first two quarters, mainly as government spending picked up during the July-to-September period, according to majority of the economists polled by the Inquirer last week. Related Articles:PH GDP Up 7.3% in […]
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Philippine Economy Grew by 5.3% in 3Q14

Manila—(PHStocks)—Philippine Statistics Authority – National Statistical Coordination Board—The Philippines’ gross domestic product (GDP) grew by 5.3 percent in the third quarter of 2014. This is lower than the growth rates of 6.4 percent in the second quarter of 2014 and 7 percent in the third quarter of 2013. The Services Sector decelerated to 5.4 percent […]
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PH Ranked 5th Biggest in Asean as of End-2013

The Philippines emerged as the fifth biggest economy among the 10-member states of the Association of Southeast Nations in 2013, based on the country’s gross domestic product (GDP) at current prices which stood at $269 billion, data from the Asean showed. In terms of international merchandise trade and foreign direct investment inflow, the Philippines ranked […]
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Credit Suisse Lowers PH Growth Forecast for 2014

Zurich-based financial group Credit Suisse has tempered its 2014 economic growth forecast for the Philippines on expectations of a “subdued” second quarter performance as suggested by disappointing export receipts in April. In a research note dated June 10, Singapore-based CS economist Michael Wan said his company had cut its full-year Gross Domestic Product forecast for […]
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Philippine Economy Grew by 7.2% in 2013

Manila—(PHStocks)—Despite the devastation brought about by the series of natural disasters that hit the country in the last quarter of 2013, the country’s Gross Domestic Product (GDP) grew by 6.5 percent in the fourth quarter of 2013, driven by the Services sector, particularly, Trade and Real Estate, Renting & Business Activities, and by the accelerated […]
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