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Moody’s cuts PH 2014 growth forecast to below govt target

Wednesday, 07.30.2014, 05:10pm

Moody’s Investors Service has cut its 2014 economic growth forecast for the Philippines despite the global credit rating agency’s positive outlook for the country’s credit conditions.

 

Asia’s energy use seen exceeding share of global economy – ADB
Wednesday, 07.30.2014, 04:40pm
  The share of developing Asian countries, including the Philippines, in global energy consumption will remain higher than their share of the global economy, Manila-based lender Asian Development Bank’s (ADB) said in a report released this week.
Meralco cuts June rates

Sunday, 06.29.2014, 01:32am
THE Manila Electric Co. (Meralco) will cut its generation charge by 84 centavos per kilowatt-hour (kWh) this month, giving some relief to power consumers.
The adjustment was attributed to lower generation charges from energy suppliers, lower transmission charge, lower taxes and other charges.
May inflation highest since Nov 2011
Sunday, 06.29.2014, 01:28am
The country’s annual headline inflation rate recorded its highest level in two-and-a-half years as it settled at 4.5 percent in May, providing a signal for the central bank to tighten its key policy rates in its upcoming June 19 meeting.
April unemployment eases
Saturday, 06.28.2014, 01:26am
The latest unemployment data showed a slight easing in April from year-earlier levels, but this is an incomplete picture. The reason: the government failed to include the labor situation in Leyte, a province badly hit by Super Typhoon Yolanda.
Row with China may derail Asia growth
Friday, 05.30.2014, 01:56am
China’s “provocative” actions at sea may derail economic growth in the region, Vietnamese Prime Minister Nguyen Tan Dung told political and business leaders attending the 23rd World Economic Forum (WEF) in Manila on Thursday.
  » Services Company and Woman of the Year...
  » 53% of Filipinos consider themselves poor – SWS
  » P2B set for alternative NAIA runway
  » March remittances of OFWs hit $2 billion
  » Stock market breaks 3-day fall



 
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Michael Christian Martinez performs during the Men’s Figure Skating Short Program at the Iceberg Skating Palace during the Sochi Winter Olympics in Russia.



 
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