Trade War puts risk of PHL Growth

By Luisa Maria Jacinga C. General including Aaron Michael C. SY, Journalists
Philippine’s economy Great risk This year is the world of transport, bank security, which would also cause the inner bank to be “outside” to lean out this uncertainty.
“We are so affected by the popularity of China and Japan in case of motor tax taxes (Press). But we cannot be detected by trading war,” Security CORPROB CORP. The President of Announcement Phase Angelo B. Taninjo told reporters on Wednesday.
“To be part of a series of land prices, we will be also affected by going from export, weakening.”
Security Bank expects COUND’s Gross Domestic Product (GDP) 6-8% of government target.
However, this basis crime does not consider the impact of the possibility of possibilities.
Mr Tanininini said it would be a “difficult” in the Philippines to 6% increase when trading is unfaithful.
“It is based on the size of commercial war. It also also that the fee payable will go,” add.
The markets hold on the potential US President Donald J. Trump, such as tax return taxes.
From the replacement in January, Mr Trump has set a 10% job with Chinese admission. A total of 25% of Mexico and Canada, and the fees for all the metal and aluminum imported Set work next month.
Mr Taninininini said if the US forciles its revenge tax systems, other countries are expected to retaliate.
He said replied “Tit-for-Tat
Policy impact
The Slew of Tariffs will have impieces over US prices and Reducing income, which can affect the Philippines’s Completion.
“It will be very bad for US prices if they are doing it aside from tax deductions. Serious inflation, because the inflation will tremble.
“Growth will decrease and that sounds brokers. Usually, when they are afraid, the Consumers in the US return their plans.”
This can motivate a bangko Sentral ng pilipinas (BSP) to be “dependent on more external,” said Mr Tanjo, between the worldwide uncertainty.
“If the tax rates are highly nominated, the US scale hopes can be reduced. But with a second thought, your growth prospects will diicash. But the middle bank of the two authority. It will be a critical scale action. “
Security Bank expects the CSP security rates for 50 points (BPS) this year 25-BP cuts in each of the June and October.
Mr Taninininji said the interest rate has not been bothering now. “There is no need to be (Move) lock (and with Fed), due to uncertainty,” he said.
“But if you ask me now, it’s safe to lock. If the Fed Cuts now, then we can cut it again, likewise.”
The BSP has not been unexpectedly the number of Benchmark amount in 5.75% at its Feb. 13. The ruler of the BSP Eli M. Remolana, JR. He said a break is due to international uncertainty. “This is after the bank levels and three specific meetings since its reduction in August.
At that time, the security bank expects PESTO to be PS8-PER-Dollar Level this year. He also said that PESTO would probably violate the sign-free sign of the record this year.
“On the other side of the board, the new commercial danger will be higher, and the meaning of the market is, the dollar will be weak, even though it is dangerous.”
PESO is closed at P57.88 per dollar, strengthens five inches from P57.93 on Tuesday.
On the other hand, Mr Tanininini said the growth will be supported by the option of elections before its voting.
“Historically, GDP is high during the election year compared to the year.
The immediate use of
At that time, the UBS Investment Bank Global Custom expects Philippine GDP to expand 5.9% this year, faster than 2024 between recovery in domestic and investment.
“We see the idea of the Philipino growth.
“Reasonable growth is driven by home quest as both money and spending accelerated at 2025,” Add.
Ms. Lim said the use of the house would be supported by the growth of the labor market and reducing food inflation.
“The labor market is still holding up and the unemployment is low and stable about 3%,” he said.
The private use, which causes approximately 30 years of economic, increased 4,8% in 2024, decreases from 5.6% in 2023.
The unemployment rate collapsed a record-down 3.8% in 2024, equivalent 1,94 million 1,94 million 1,94 million.
“On the basis of slow-down food prices such as other service delivery issues and is still expecting to recover gradually on 2025 quarterly, after higher rate,” said Ms Lim.
HEARDLINE Direction of Head Strikes With 2.9% in January, steady from December.
However, decrease in food amounts in itself accelerates 4% from 3.5% in December and 3.3% in 2024.
Ms. Im inflation observed saw a variable because of a shocking food from climate-related risks.
“In addition, we think government spending can give the support of something in the growth, especially in the first half of 2025 …
In addition to decreasing money through BSP, and cut into the Banks Reserve Reserve reserve reset, it is expected to improve private funding.
UBS said the expected BSP management levels two times this year, once in April and in September.
Source link