Philippines GDP growth hit by typhoons

Philippines GDP growth hit by typhoons, but outlook robust, says World Bank
The Philippine economy is expected to grow more slowly than first thought this year after the country was hit by a series of typhoons but should be more robust in 2025 and 2026, the World Bank said on Tuesday.
World Bank cuts Philippines 2024 GDP growth forecast to 5.9 per cent; weaker than expected growth in Q3
The World Bank has trimmed the Philippines' gross domestic product (GDP) growth forecast this year to 5.9 per cent from 6 per cent due to weaker-than-expected growth in the third quarter, its latest Philippines Economic Update has showed.
World Bank trims 2024 Philippines GDP target to 5.9%
The World Bank has downscaled its economic growth forecast for the Philippines this year following the slower-than-expected gross domestic product growth in the third quarter, but expects the economy to post faster economic growth next year.
World Bank sees 6% growth rate for Philippines from 2024 to 2026
Private consumption will likely remain the main engine of growth from 2024 to 2026 fueled by OFW remittances, stable inflation, and higher employment rates, says the bank's outlook for the Philippines
World Bank cuts Philippines 2024 GDP growth forecast to 5.9% on typhoons
Due to the damage wrought by the recent string of strong typhoons on the economy, the World Bank has slightly cut its 2024 gross domestic product (GDP) growth forecast for the Philippines.
Japan's Q3 GDP growth revised higher to 0.3% Q/Q and 1.2% on annualized basis
Japan’s economy grew by 0.3% quarter-on-quarter in the three months to September, surpassing the preliminary estimate and ...
moneycontrol.com54m
Govt to opt for conservative GDP estimate in Budget 2025, may peg nominal growth at 9.5%: Report
The conservative 9.5 percent nominal GDP growth estimate for FY26 aligns with a cautious approach. The government is likely to project a conservative nominal GDP growth estimate of around 9.5 ...
India’s new central bank governor takes over as economic growth slows and inflation rises
Sanjay Malhotra, a career civil servant, has become India’s new central bank governor as the country’s economic growth slows and inflation is rising.
The Independent Singapore23m
Singapore’s economy soars with 5.4% GDP growth, powered by manufacturing surge and booming electronics
The standout performer was the domestic electronics industry, which surged by 17% YoY, helping to bolster overall ...
November Consumer Confidence Bodes Well For Future GDP Growth
The Conference Board’s Consumer Confidence Index increased in November 2024 to 111.7, the highest level since July 2023.
Stable govt, GDP growth to help India get FPIs: Barclays' Prez Dainton
India has a demographic advantage and substantial growth and a political system that is relatively calm and consistent, ...
Deccan Chronicle56m
ADB lowers growth projections for India to 6.5% in FY25, 7% in FY26
Chennai: The Asian Development Bank has lowered India’s GDP growth projections for FY25 to 6.5 per cent from 7 per cent ...
Lehigh Valley Business11h
Lehigh Valley GDP grows to record $55.7 billion
The Lehigh Valley’s Gross Domestic Product grew to a record $55.7 billion in 2023, with manufacturing continuing to be a ...
Thai Business Group Sees GDP Growth at 2.8% This Year, Risks Ahead
Exports, a key driver of growth, are now projected to rise 4% this year, up from a range of 2.5% to 2.9% growth seen ...
Vivek Kaul: India’s GDP growth slump holds lessons in forecasting
Most growth forecasts for India’s second quarter of 2024-25 were off the mark. Among other frailties, this exercise is prone ...
China's top leaders are set to discuss GDP growth target, stimulus measures amid economic worries
Market participants will watch the events this week for clues on how policymakers plan to steer the economy through ...