MANILA : The Philippine economy expanded 6.4 per cent in the first quarter from a year earlier, the statistics agency said on Thursday, topping expectations. On a quarter-on-quarter basis, growth slowed to 1.1 per cent from the earlier reported 2.4 per cent expansion in the previous three-month period.
MANILA : The Philippine economy expanded 6.4 per cent in the first quarter from a year earlier, the statistics agency said on Thursday, topping expectations.
Analysts polled by Reuters had expected first quarter gross domestic product to grow 6.1 per cent on an annual basis.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Malaysia's Q1 GDP growth likely cooled on weak demand, exports - Reuters pollBENGALURU : Malaysia's economic growth probably slowed in the first quarter, hit by tepid consumption and declining exports, a Reuters poll of economists showed.The Southeast Asian economy probably expanded 4.8 per cent in the January-March quarter from a year ago, the median forecast of 21 economists pol
Read more »
Japan GDP growth likely accelerated in Q1 on robust services consumption- Reuters pollTOKYO : Japan's economy likely grew in January-March at the fastest pace in three quarters, as spending in the services sector offset soft business activity, a Reuters poll showed.Japan has so far been spared major impact from deteriorating global economic conditions thanks in part to the services sector
Read more »
Philippine Airlines to buy 9 Airbus A350-1000 wide-body jetsMANILA : Philippine Airlines will order nine Airbus A350-1000 wide-body aircraft to expand its fleet and route network as air travel recovers from the pandemic, the flag-carrier said on Wednesday. The new aircraft will be operated on non-stop services from Manila to North America, including to the U.S. ea
Read more »
Singapore must ensure healthcare fiscal burden does not spiral out of control: Ong Ye KungSINGAPORE — Singapore needs to make sure healthcare spending as a proportion of GDP does not increase too much, Health Minister Ong Ye Kung said.
Read more »
Singapore must ensure healthcare fiscal burden does not spiral out of control: Ong Ye KungSingapore has delivered good outcomes given its spending of 4 per cent of GDP on healthcare, says the Health Minister.
Read more »
Seoul to trial letting in foreign domestic helpers to raise record-low birth rateHelpers from countries such as the Philippines may be brought in under a pilot project. Read more at straitstimes.com.
Read more »