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Philippine Economic Growth Disappoints in 2024
Typhoons, drought wreck Philippine economic growth target
Philippines topped the 2024 World Risk Report of countries threatened by “extreme weather events”. Read more at straitstimes.com.
Philippines Q4 GDP grows 5.2% y/y as typhoons, drought wreck economic growth target
MANILA: The Philippine economy expanded a lower than expected 5.2% in the fourth quarter from a year earlier, official data showed on Thursday (Jan 30), weighed down by weaker consumption and weather disruption that squeezed farm output.
Philippines ends 2024 with 5.6% economic growth, missing gov’t target
President Ferdinand Marcos Jr.’s administration had aimed for a GDP growth target of 6% to 6.5% in 2024. However, for the second consecutive year, the Philippines fell short after also missing its target in 2023.
7h
on MSN
Philippine president offers a deal to China: Stop sea aggression and I’ll return missiles to US
Philippine President Ferdinand Marcos Jr. has offered to remove a U.S. missile system from the Philippines if China halts ...
The Manila Times on MSN
8h
Marcos dares China: 'Stop claiming our territory, I'll return Typhoon missiles to US'
President Ferdinand Marcos Jr. on Thursday challenged China to stop its 'aggressive and coercive behavior' and its claiming ...
52m
Philippine President offers a deal to China, says will return U.S. missile system
U.S. Army deploys Typhon missile system in Philippines, sparking tensions with China over territorial disputes in South China ...
Cebu Daily News on MSN
8d
LIST: Philippine typhoon names for 2025
Are you ready for the rainy season? As we welcome a new year, we also brace for another set of storms that will traverse the ...
14h
Philippines Growth Momentum Falters in 2024 as Risks Rise
The Philippine economy grew slower than expected in the fourth quarter, dragging expansion in 2024 below target as setbacks ...
Interaksyon on MSN
4d
Philippines unlikely to hit 2024 growth target after typhoons disruption, minister says
The Philippines may have likely missed its growth target last year due to economic disruption from a spate of typhoons in the ...
devdiscourse
4h
ADB Approves $500M Loan to Enhance Disaster Resilience in the Philippines
The Second Disaster Resilience Improvement Program is a multiyear contingent disaster financing program with the option to ...
The Cool Down on MSN
6d
Experts reveal why unprecedented series of typhoons were 'supercharged': 'Repeated storms have created a constant state of insecurity'
This can help people better prepare by increasing their resilience to such events via minimizing potential damages. Experts ...
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