HEADLINES: Economy recovers after slow quarter

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HEADLINES: Economy recovers after slow quarter
Philippines Latest News,Philippines Headlines
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Good day. Here are the stories for The Manila Times for Friday, November 10, 2023.

Today's episode is brought to you by Wilcon Depot, The Philippines' leading home improvement and construction supplies retailer—your Trusted Building Partner.READ: Economy recovers after slow quarterTHE Philippine economy grew by a better-than-expected 5.9 percent in the third quarter, the government reported on Thursday, with a rebound in state spending said to have particularly factored in the acceleration. The result, while down from 7.

9-billion funding deal with China for three rail projects. Transportation Secretary Jaime Bautista said the sudden withdrawal came after Beijing failed to respond to funding requests on the projects. The cancellation comes amid rising tensions in the South China Sea between the Philippines and China. Last month, Chinese vessels deliberately collided with Philippine vessels delivering supplies to soldiers stationed in Ayungin Shoal.

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