News : Fitch retains PH outlook

Sunday, June 9, 2024

Fitch retains PH outlook

June 10, 2024

Fitch retains PH outlook, investment grade rating

Debt watcher Fitch Ratings has kept the country's investment grade status with a "stable" outlook, citing the country's strong medium-term growth prospects. Fitch Ratings expects the economy to expand by 5.8 percent in 2024, up from 5.5 percent last year, but adverse effects of the El Niño and La Niña climate phenomena may dampen economic growth.

By Mariedel Irish U. Catilogo

From data to decisions: Mastering market trends with AI

The ability to anticipate market trends can make or break a company's success. Corporate history is full of former giants that became famous failures because they neglected trends and lost big. Nokia and Blackberry missed the smartphone trend, Sony missed the iPod trend, Blockbuster missed digital streaming and did not take Netflix seriously, the list goes on and on.

By Tom Oliver

Pass CREATE MORE bill to level playing field for businesses, says group

The Philippine Exporters Confederation, Inc. (Philexport) is calling for the immediate passage of a bill seen to improve the government's current incentives and tax regime. The association of exporters said it was supporting Senate Bill No. 2654 or the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) bill.

By Alden M. Monzon

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BIZ BUZZ

Another 'PITX' in Parañaque

The government and Light Rail Manila Corp. are working hard to finish the Light Rail Transit (LRT) Line 1 Cavite extension project on time to improve the connection between Metro Manila and Cavite.

By Tyrone Jasper C. Piad

INQUIRER PLUS-EXCLUSIVE

Over P40M worth of substandard goods seized as of May

The Department of Trade and Industry has seized more than P40 million worth of substandard consumer products from January to May, with over 240 stores penalized for selling non-compliant wares. The government's haul included lead acid batteries, steel products, and vape products, according to the announcement made during the DTI's Saturday radio morning program.

By Alden M. Monzon

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