{"id":159808,"date":"2018-04-13T02:18:21","date_gmt":"2018-04-13T06:18:21","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=159808"},"modified":"2025-01-10T07:37:30","modified_gmt":"2025-01-10T12:37:30","slug":"bmi-research-expects-above-6-growth-for-ph-economy-in-2018-19","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/04\/13\/bmi-research-expects-above-6-growth-for-ph-economy-in-2018-19\/","title":{"rendered":"BMI Research expects above 6% growth for PH economy in 2018-19"},"content":{"rendered":"<figure id=\"attachment_159809\" aria-describedby=\"caption-attachment-159809\" style=\"width: 640px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/04\/640px-BMI-Research-Logo-Colour.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-159809\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/04\/640px-BMI-Research-Logo-Colour.png\" alt=\"BMI Research continues to see better than six percent annual growth for the Philippine economy on the back of positive demographics and the government\u2019s massive infrastructure program. (Photo: Public Domain)\" width=\"640\" height=\"142\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/04\/640px-BMI-Research-Logo-Colour.png 640w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/04\/640px-BMI-Research-Logo-Colour-300x67.png 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><figcaption id=\"caption-attachment-159809\" class=\"wp-caption-text\">BMI Research continues to see better than six percent annual growth for the Philippine economy on the back of positive demographics and the government\u2019s massive infrastructure program. (<a href=\"https:\/\/commons.wikimedia.org\/w\/index.php?curid=46769062\">Photo: Public Domain<\/a>)<\/figcaption><\/figure>\n<p class=\"yiv6193893405MsoNormal\"><strong>MANILA<\/strong>\u00a0&#8212;\u00a0 BMI Research continues to see better than six percent annual growth for the Philippine economy on the back of positive demographics and the government\u2019s massive infrastructure program.<\/p>\n<div>\n<div class=\"msg-body P_wpofO iy_A\">\n<div class=\"jb_0 X_6MGW N_6Fd5\">\n<div id=\"yiv1699436340\">\n<div>\u00a0In a study, the subsidiary of Fitch Group forecasts a 6.3 percent growth for the domestic economy this 2018 and 6.2 percent in 2019.<\/div>\n<div><\/div>\n<div>Although these figures are lower than the 6.7 percent that the economy registered in 2017 and the seven to eight percent growth target of the government for 2018-22, the study said these anticipated growth rates remain \u201cimpressive\u201d.<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy ventolin online <a href=\"https:\/\/eyecaremarshfield.com\/contactsus\/html\/ventolin.html\">https:\/\/eyecaremarshfield.com\/contactsus\/html\/ventolin.html<\/a> no prescription pharmacy <\/div>\n<p><\/div>\n<div><\/div>\n<div>It attributed these forecasts to \u201cweakening business environment and a gradual reversion of growth back to its longer-term potential.<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy wellbutrin online <a href=\"https:\/\/eyecaremarshfield.com\/contactsus\/html\/wellbutrin.html\">https:\/\/eyecaremarshfield.com\/contactsus\/html\/wellbutrin.html<\/a> no prescription pharmacy <\/div>\n<p>\u201d<\/div>\n<div><\/div>\n<div>\u201cNevertheless, we emphasize that the above- six percent growth figure is still impressive from both a regional and historical perspective, and this will be supported by positive demographic trends, a strong public infrastructure drive, and deepening economic cooperation with China,\u201d it said.<\/div>\n<div><\/div>\n<div>\u201cThe robust macroeconomic backdrop should continue to bode well for household income growth, risk appetite, loan demand, and corporate profitability in general,\u201d it added.<\/div>\n<div><\/div>\n<div>The country enjoys demographic sweet spot, with majority of the population reaching working age.<\/div>\n<div><\/div>\n<div>Thus, the government is investing in the youth to equip them with the needed skills once they enter the workforce.<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy xifaxan online <a href=\"https:\/\/eyecaremarshfield.com\/contactsus\/html\/xifaxan.html\">https:\/\/eyecaremarshfield.com\/contactsus\/html\/xifaxan.html<\/a> no prescription pharmacy <\/div>\n<p><\/div>\n<div><\/div>\n<div>Also, the Duterte administration has put in place a massive infrastructure program called \u201cBuild, Build, Build\u201d, wherein which at least Php8 trillion will be spent until the end of the current government in mid-2022 to construct roads, bridges and other necessary infrastructure not only in major cities but most especially in far-flung areas such as Mindanao to ensure that growth would really be inclusive.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0&#8212;\u00a0 BMI Research continues to see better than six percent annual growth for the Philippine economy on the back of &hellip;<\/p>\n","protected":false},"author":33,"featured_media":159809,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[32782,7052],"class_list":["post-159808","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bmi-research","tag-philippine-economy","mauthors-joann-villanueva","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/159808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=159808"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/159808\/revisions"}],"predecessor-version":[{"id":282194,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/159808\/revisions\/282194"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/159809"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=159808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=159808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=159808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}