philippine economy grows 78 in q1
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Philippine economy grows 7.8% in Q1

Arab Today, arab today

Arab Today, arab today Philippine economy grows 7.8% in Q1

Manila - XINHUA

The Philippine economy posted a 7.8 percent growth in the first quarter of this year, as against 6.5 percent in the same period last year, the National Statistical Coordination Board (NSCB) announced Thursday. The NSCB attributed the record growth in nearly three years to upbeat business and consumer sentiment, sustained government capital expenditure and strong performance of manufacturing. On the demand side, increased consumer and government spending shored up by increased investment in construction and durable equipment contributed to the highest quarterly GDP growth since the second quarter of 2010. Thanks to continued inflow of remittances from overseas workers, the growth of net primary income from the rest of the world accelerated to 3.2 percent, lifting the gross national income (GNI) growth to 7.1 percent from 5.7 percent in 2012, the NSCB said. The services sector accelerated to 2.2 percent in the first quarter of 2013 from 1.1 percent in the previous quarter, as all its subsectors recorded positive growth. Positive growth in seasonally adjusted terms across major sectors has been resulting since the fourth quarter of 2010, it added.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

philippine economy grows 78 in q1 philippine economy grows 78 in q1

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

philippine economy grows 78 in q1 philippine economy grows 78 in q1

 



GMT 19:07 2017 Wednesday ,13 September

Kuwaiti oil barrel down 82 cents to US$50.56

GMT 03:02 2017 Saturday ,11 November

Drahi retakes the reins at Altice as share price tumbles

GMT 19:46 2016 Friday ,07 October

Football: Saudis deny Australia with late equalizer

GMT 22:01 2017 Thursday ,20 April

52 ships transit Suez Canal

GMT 04:28 2016 Monday ,14 November

Fujairah seeks partnerships with all investors

GMT 15:32 2017 Saturday ,25 February

Steinmeier elected German president

GMT 09:25 2017 Sunday ,24 December

HRH Premier Prince Khalifa bin Salman leaves Thailand

GMT 13:39 2017 Sunday ,17 December

Britain must obey EU environment rules
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday