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PH GDP Growth Forecast Drops, ADB Reports

Weak global demand drops export earnings sharply in the third quarter and reduced the country’s 6 percent economic growth forecast for 2015 in an updated report submitted by the Asian Development Bank (ADP) to its Asian Development Outlook Supplement, Thursday....
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Philippines Will Continue Experiencing Low Inflation In 2016

According to a JP Morgan economist, the Philippines will continue experiencing low inflation rates in 2016 because of the impact of El Niño and the weak prices of crude oil. In a report dated October 6, 2015, Sin Ben Ong,...