The full list of shortlisted nominees for ‘The Outlook 2022: Philippine Real Estate Awards’

The Outlook 2022: Philippine Real Estate Awards will happen on Sept. 27, 2022, at the Fort, Shangri-La. Here is the full list of shortlisted nominees after hundreds of entries evaluated by a distinguished panel of judges.Following the success of The Outlook 2022: Philippine Real Estate Conference on August 31, Lamudi preparations are underway for the […]

IMF warns it will cut global growth forecast again with ‘darkened’ outlook

THE International Monetary Fund (IMF) warned it will again cut the forecast for global economic growth as impacts reverberate from Russia’s invasion of Ukraine, pandemic-related shutdowns in China and higher inflation.     The outlook for this year and next will be downgraded later this month when the IMF releases its World Economic Outlook Update, Managing Director […]

Philippines’ BBB+ rating affirmed

Japan-based Rating and Investment Information, Inc. (R&I) has kept its BBB+ credit rating with a stable outlook for the Philippines, citing the country’s robust post-pandemic growth prospects. In a statement on Friday, the debt watcher cited Philippine potential to bounce back from last year’s 9.6% drop in economic output as investments come in, and fiscal […]

World Bank cuts Philippine growth outlook

The World Bank cut its economic growth forecast for the Philippines to 5.5% this year, citing high coronavirus cases, a slow vaccination program and lackluster government spending. “The Philippines struggles with COVID-19, which affects growth directly by requiring a very tough response which has imposed a big cost on the economy,” Aaditya Mattoo, the World […]