December 5, 2023
GROWTH rates for three industries were revised upwards by the Philippine Statistics Authority (PSA) but these were not enough to affect preliminary first-quarter economic growth results released in May. The PSA on Wednesday said it was maintaining January-March gross domestic product (GDP) growth at 6.4 percent, notwithstanding changes to the following sectors: – Education, 6.6
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GROWTH targets for this year and the next five years were retained by economic managers on Friday, but other assumptions have been revised to reflect recent developments. Most of the revisions were relatively minor, with the exception of import and export growth forecasts for 2023, which were significantly lowered due to worsening global terms of
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According to Kulture Break founder Francis Owusu, New South Wales Police used a taser on a 95-year-old woman, pointing to a “deeper problem” found in the aged care system. “I think this sector is severely under-resourced,” Mr. Owusu told Sky News anchor Erin Molan. “The fact is that they had a situation where they had
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While the ceasefire brought a sense of calm to the Gaza Strip after five days of rocket attacks, an atmosphere of unease and anger lingered among the Palestinians. A fragile ceasefire between Israeli forces and militants in the Gaza Strip on Sunday appeared to have been reached Sunday after five days of clashes that killed
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According to Bangko Sentral ng Pilipinas (BSP), MORE banks have maintained their general lending standards for businesses and households. In its latest survey of senior bank loan officers released Friday, BSP reported that 77.1% of responding banks maintained credit standards between July and September. “In terms of specific lending standards, a net tightening of general
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