BMI, a Fitch Solutions unit, is expecting consumer spending to continue to grow this year, driven by strong economic growth. "We hold a positive outlook for consumer spending in the Philippines, with ...
“We hold a positive outlook for consumer spending in the Philippines in 2025 ... BMI expects Philippine gross domestic product (GDP) to grow by 6.3% this year and 6.7% in 2026. These projections are ...
Consumer spending, which accounts for more than half of the economy, had struggled to rise in recent months as overall inflation remains high with prices for essential items such as rice surging.
However, the official added it was too soon to say household spending was on a full recovery trend as cost pressures squeezed consumer purchasing power. "There are still areas where people are ...
President Trump on Friday said he plans to direct Elon Musk to review spending at the Defense and Education departments as the new administration works to overhaul the federal government.
The latest University of Michigan consumer sentiment survey released Friday showed headline sentiment declined to its lowest level in seven months as pessimism over the inflation outlook drove ...
Executives at consumer goods majors are now pinning their hopes on India's newly announced plans to cut income tax rates to revive urban spending. For the third quarter ended Dec. 31, ITC reported ...
Chinese leader Xi Jinping has made “actively expanding domestic consumption” a top priority, as consumer and business sentiment remain subdued. While the Lunar New Year holiday spending gives ...
While reporting its fourth-quarter results Thursday afternoon, Amazon became the latest tech giant to project a major jump in capital spending for this year—even after a big surge last year.
But market watchers believe that the domestic market share of Thai Beverage (ThaiBev) is unlikely to be heavily shaken. The maker of Chang Beer has built up an entrenched distribution network in ...
Investing.com -- US consumers racked up less spending on credit cards in June ... the Federal Reserve said Wednesday. Total consumer credit... Australian stocks gain 1% as tech stocks rally ...
There have been questions about how far Trump and Musk believe they can go in cutting back spending across the federal government, with Musk in recent days commenting gleefully about shutting down ...
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