growth

The Philippine Economy Benefits from Steady Growth in New Life Insurance Premiums

BDO Life Insurance Reports Strong Business Recovery and Growth in the Philippine Insurance Sector The Philippine Insurance Commission (IC) recently released a report showing that the life insurance sector’s total premium revenues reached P229.9 billion in the third quarter of 2023. This represents a 13.9% increase in Annual Premium Equivalent (APE) premiums on new insurance

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Eurozone’s Growth Forecast Slashed by EU, Imminent German Recession Predicted

European Commission Lowers Eurozone Growth Forecast for 2023 and 2024 BRUSSELS, Belgium – The European Commission has revised its economic growth forecasts for the eurozone in 2023 and 2024, citing Germany’s poor performance as a significant factor. According to the EU’s executive arm, the commission, the German economy is expected to contract by 0.4 percent

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Steve Kerr optimistic about young Team USA’s growth and improvement after their defeat against Lithuania

Young Team USA suffered a setback in the 2023 FIBA Basketball World Cup as they fell to Lithuania in a hard-fought match. The game took place on Sunday, Sept. 3, at the Mall of Asia Arena in Pasay City. Team USA head coach Steve Kerr acknowledged that the Lithuanian team simply outperformed his squad in

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Anticipated Slower GDP Growth Projected for 2023 by Businesses

Filipino Businessmen Expect Slowdown in Local Economy, But Remain Confident in Philippine Growth In the wake of a global economic slump, Filipino businessmen are anticipating a slowdown in the local economy this year. However, they maintain their confidence in the Philippine growth rate, which is expected to remain among the highest in Asia. Dr. Cecilio

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Robust Growth Evident in Philippines’ Digital Interactive Industry

Title: Philippines’ Digital Interactive Industry Contributes P325 Billion to Creative Economy in 2022, Reports Claim Byline: [Author’s Name] Date: [Date] The digital interactive goods and service activities in the Philippines, which encompass game development and animation, have made a substantial contribution of P325 billion or over 20 percent to the country’s creative economy in 2022,

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British firms express confidence in economic growth of the Philippines

British Businessmen Confident in Philippine Economy and Bilateral Trade Despite economic challenges, British businessmen remain confident in the Philippine economy and the growth of bilateral trade. According to Chris Nelson, Chairman of the British Chamber of Commerce of the Philippines, during an ANC interview on August 28, the prospects for trade between the two countries

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