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DBS sees Philippine GDP growth easing this year

In its latest Economics Markets Strategy report on the Philippines titled “Phl: Still strong,” DBS economist Gundy Cahyadi said the country’s gross domestic product (GDP) growth would likely ease to 6.4 percent this year from the projected...

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Cebu construction bounces

Booming. The construction of a hotel in Mandaue City is in full swing. After a sharp decline last year, bringing down Central Visayas’ gross regional domestic product to just 4.8 percent, the construction industry bounced back from the slump, with first sem...

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