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  • PH companies remain most bullish in Asean—Grant Thornton survey
  • Tuesday, July 2, 2019 7:35 pm
Economic optimism in the Philippine mid-market remains the highest among 35 economies surveyed despite a slight dip in the past 12 months, according to the annual International Business Report of business advisory firm Grant Thornton.
Results of the recent survey show that 48.6 percent of respondents saw their revenues growing more than 5 percent in 2018 ........... Full Story»

  • Nomura projects ‘marginal’ GDP growth for April-June
  • Monday, July 1, 2019
PHILIPPINE economic growth likely grew to 5.8 percent in the second quarter on the back of moderated public spending and investments, according to Japan’s Nomura Securities Ltd.
“The government’s monthly fiscal surpluses in April and May support our Q2 (second quarter) GDP (gross domestic product) growth forecast of 5.8 percent, which is only a marginal improvement from the growth of 5.6 percent in Q1 (first quarter),” Nomura economist Euben Paracuelles said in a report released over the weekend ........... Full Story»