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Gov't spending, agriculture lift Philippine GDP in Q2 2017

Aug 17, 2017 - 8:50 PM

Spending on infrastructure is a bright spot for the economy in the 2nd quarter of 2017, but in a role reversal, it's now the private sector and not the government that is lagging

Gov't spending, agriculture lift Philippine GDP in Q2 2017

Philippine GDP grows faster by 6.5% in Q2 2017

Aug 17, 2017 - 10:10 AM

(3rd UPDATE) The 6.5% growth in GDP places the Philippines ahead of ASEAN nations that have released their 2nd quarter figures, but it is still behind China

Philippine GDP grows faster by 6.5% in Q2 2017

Warning from history: Could Japan-style crash hit China?

Aug 16, 2017 - 1:32 PM

China is starting to look like Japan before its economic bubble burst in the early 90s – but China is not a mirror image of Japan 30 years ago

Warning from history: Could Japan-style crash hit China?

BSP seen to hike interest rates until 2018 – BMI Research

Aug 15, 2017 - 5:30 PM

This is because the global research firm expects Philippine inflation to hit the higher end of the 2017 target

BSP seen to hike interest rates until 2018 – BMI Research

Businessmen's wishlist: 3rd telco player, C6 road, end Marawi crisis

Aug 09, 2017 - 9:05 PM

Several business leaders and the country's economic managers gather to discuss 10 issues they want to prioritize for 2017 and 2018

Businessmen's wishlist: 3rd telco player, C6 road, end Marawi crisis

IMF cuts 2017, 2018 Philippine GDP forecasts

Aug 09, 2017 - 2:25 PM

The multilateral lender cuts its Philippine economic growth forecast to 6.6% for 2017 and 6.8% for 2018, but remains optimistic about the country's economy

IMF cuts 2017, 2018 Philippine GDP forecasts

Philippine inflation in July edges up

Aug 04, 2017 - 6:15 PM

BSP Governor Nestor Espenilla Jr. says the central bank continues to see a manageable inflation outlook over the policy horizon

Philippine inflation in July edges up

Standard Chartered cuts Philippine GDP forecast

Aug 01, 2017 - 8:05 PM

The bank slashes its forecast to reflect the disappointing GDP expansion in the 1st quarter of the year, which was largely due to weak investment growth

Standard Chartered cuts Philippine GDP forecast

SONA 2017: No promises to speed up infra implementation

Jul 24, 2017 - 10:53 PM

President Rodrigo Duterte cites the victories in his administration's infrastructure initiatives during its first year in office

SONA 2017: No promises to speed up infra implementation

Strong export demand to lift Asian economies – ADB

Jul 20, 2017 - 1:31 PM

Surging global demand for Asian exports and low oil prices will help China and the region's developing economies grow faster than expected this year and next

Strong export demand to lift Asian economies – ADB

OFW cash remittances rebound to hit $2.31B in May

Jul 17, 2017 - 9:00 PM

Total cash remittances are up 4.5% for the first 5 months of the year, totaling $11.346 billion

OFW cash remittances rebound to hit $2.31B in May

U.S. seeks to renegotiate South Korea free trade deal

Jul 13, 2017 - 12:33 PM

The US free trade agreement with South Korea, known as KORUS, went into force in March 2012, since when Washington says its trade deficit with the country has more than doubled

U.S. seeks to renegotiate South Korea free trade deal

FDI net inflows down 61.1% to $874M in April

Jul 10, 2017 - 6:00 PM

The net inflows total $2.4 billion for January to April this year, down 32% compared to the $3.6 billion in the same period a year ago

FDI net inflows down 61.1% to $874M in April

First Metro, UA&P lower Philippine GDP forecast due to slow spending

Jul 05, 2017 - 8:05 PM

Economists express concern over infrastructure projects, warning that changing modes of implementation midway would lead to delays and slower growth

First Metro, UA&P lower Philippine GDP forecast due to slow spending

Inflation in June slowest in 5 months

Jul 05, 2017 - 6:25 PM

The National Economic and Development Authority projects a moderate inflation rate for the rest of 2017, thanks to lower fuel prices

Inflation in June slowest in 5 months

Businesses think SC decision on Mindanao martial law 'necessary'

Jul 04, 2017 - 8:00 PM

(UPDATED) The largest business group in Mindanao says imposition of martial law in the region is 'necessary' to resolve the terror threat

Businesses think SC decision on Mindanao martial law 'necessary'

World Bank cuts PH growth outlook to 6.8%

Jul 02, 2017 - 10:25 PM

With government consumption and investment growth somewhat weaker, the World Bank lowers its forecast for the Philippines in 2017

World Bank cuts PH growth outlook to 6.8%

Government hits P33.4-B budget deficit in May

Jun 23, 2017 - 5:45 PM

The government incurs a deficit of P33.4 billion, P15.8 billion higher than the deficit recorded in the same month in 2016

Government hits P33.4-B budget deficit in May

BSP maintains interest rates in Tetangco's final Monetary Board meeting

Jun 22, 2017 - 6:20 PM

While global economic conditions remain challenging, outgoing BSP Governor Amando Tetangco Jr says prospects for domestic economic activity continue to be firm

BSP maintains interest rates in Tetangco's final Monetary Board meeting

Peso breaches $1 to 50 mark again

Jun 20, 2017 - 6:54 PM

'It is a reaction to external developments, particularly the hawkish statements of Fed officials overnight,' says BSP Governor Amando Tetangco Jr

Peso breaches $1 to 50 mark again

$544M of hot money flows out of PH in first 5 months of 2017

Jun 18, 2017 - 10:20 PM

A net total of $543.79 million in foreign portfolio investments flows out, in contrast to the $178 million in net inflows for the January-May period last year

$544M of hot money flows out of PH in first 5 months of 2017

Philippine stocks, peso down on another U.S. Fed hike

Jun 15, 2017 - 8:45 PM

The US Federal Reserve's decision to raise the benchmark interest rate for the 2nd time this year is the primary market mover on Thursday, June 15

Philippine stocks, peso down on another U.S. Fed hike

OFW cash remittances at 15-month low in April

Jun 15, 2017 - 6:20 PM

This is the lowest level cash remittances have totaled since registering $1.997 billion in January 2016

OFW cash remittances at 15-month low in April

PH economy to march on despite political risks – Oxford Business Group

Jun 14, 2017 - 7:35 PM

Navigating the new world order and completing massive infrastructure projects are more crucial to economic momentum, according to experts

PH economy to march on despite political risks – Oxford Business Group

NEDA expects Philippine economy to grow faster in Q2

Jun 12, 2017 - 6:55 PM

Socioeconomic Planning Secretary Ernesto Pernia says the Marawi siege and the Resorts World Manila attack will not have lasting impact on tourism and the economy as a whole

NEDA expects Philippine economy to grow faster in Q2

BSP keeping close watch over Middle East developments

Jun 06, 2017 - 5:45 PM

BSP Deputy Governor Nestor Espenilla Jr says it is 'too soon to draw anything from this but it bears close watch'

BSP keeping close watch over Middle East developments

Inflation eases to 4-month low in May

Jun 06, 2017 - 3:15 PM

A 3.1% inflation rate is recorded in May – the lowest since the consumer price index averaged 2.7% last January

Inflation eases to 4-month low in May

PH tourism braces for impact of Resorts World Manila attack

Jun 02, 2017 - 6:13 PM

The Philippine Travel Agencies Association says the incident resort will 'definitely impact' the country's tourism industry. Airlines report another round of delayed, cancelled flights.

PH tourism braces for impact of Resorts World Manila attack

Moody's keeps Philippine GDP target despite Marawi crisis

Jun 01, 2017 - 5:50 PM

A senior credit officer at Moody's says the firm expects the economic impact of the Marawi crisis to be 'minimal and short-lived'

Moody's keeps Philippine GDP target despite Marawi crisis

Bulk of Duterte's massive infra plan to be funded via local financing

May 31, 2017 - 7:00 PM

Only about P1.3 trillion or 18% will be accounted for through public-private partnership projects

Bulk of Duterte's massive infra plan to be funded via local financing

Gov't spending on infrastructure falls by P9B in April

May 28, 2017 - 10:15 PM

The Department of Budget and Management says the drop is mainly due to the absence of big-ticket expenditures in the military's modernization program, which are set for later in the year

Gov't spending on infrastructure falls by P9B in April

BSP sees slightly lower inflation in May

May 27, 2017 - 9:00 AM

The Bangko Sentral ng Pilipinas attributes this to lower oil prices and electricity rates

BSP sees slightly lower inflation in May

U.S. Fed: New rate hike likely coming 'soon'

May 25, 2017 - 10:35 AM

Most analysts expect two more rate increases this year, likely in June and in September, but there are now doubts over that schedule

U.S. Fed: New rate hike likely coming 'soon'

'Normal working day' for businesses amid martial law in Mindanao

May 24, 2017 - 11:15 PM

But should President Rodrigo Duterte expand military rule beyond Mindanao and seek an extension, tourism and trade may suffer

'Normal working day' for businesses amid martial law in Mindanao

Philippine peso, stock market stable despite martial law declaration

May 24, 2017 - 10:15 PM

BSP Governor Amando Tetangco Jr points out, however, that there may be 'temporary cautiousness' in the next few days

Philippine peso, stock market stable despite martial law declaration

Moody's cuts China's rating on debt fears

May 24, 2017 - 9:20 PM

But Beijing's finance ministry rejects the assessment, saying Moody's had used an 'inappropriate' method to assess risks

Moody's cuts China's rating on debt fears

Why Duterte's pivot to 'new friends' benefits Russia too

May 23, 2017 - 7:35 PM

What does Russia stand to gain from rolling out the red carpet for Philippine President Rodrigo Duterte and his delegation?

Why Duterte's pivot to 'new friends' benefits Russia too

Gov't infra push fails to spark economy in Q1

May 22, 2017 - 12:30 PM

The Duterte administration's 'Build, Build, Build' program has yet to break ground and lift the economy, leaving the private sector to fill the void

Gov't infra push fails to spark economy in Q1

FAST FACTS: How important is the EU to the Philippines?

May 18, 2017 - 10:00 PM

The European Union is a major donor, the 2nd top export destination, and the 4th top source of OFW remittances, among others

FAST FACTS: How important is the EU to the Philippines?

PH economy grows slower by 6.4% in Q1

May 18, 2017 - 10:18 AM

(UPDATED) Aquino and Duterte have something in common: slow pace of public infrastructure spending

PH economy grows slower by 6.4% in Q1

OFW cash remittances up 10.7% in March

May 15, 2017 - 11:20 PM

Total cash remittance flows for the 1st quarter of 2017 reach $6.953 billion, up 7.7%

OFW cash remittances up 10.7% in March

BSP maintains policy rates, inflation forecast

May 11, 2017 - 11:25 PM

There is only one more policy meeting left before Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr hands over the reins to his successor

BSP maintains policy rates, inflation forecast

Espenilla promises continuity, more financial innovation at BSP

May 09, 2017 - 9:10 PM

The new governor of the Bangko Sentral ng Pilipinas outlines his plans to maintain the country's monetary stance as well as expand the debt market and digital payments

Espenilla promises continuity, more financial innovation at BSP

Macron victory is 'good news' for trade-reliant Asia – IMF

May 09, 2017 - 5:48 PM

'I think the result of the French elections really show that it's good news to open trade and globalization, and it reduces the uncertainties of the eurozone,' says Changyong Rhee, director of the International Monetary Fund's Asia and Pacific Department

Macron victory is 'good news' for trade-reliant Asia – IMF

Who is new BSP governor Nestor Espenilla?

May 08, 2017 - 8:35 PM

President Rodrigo Duterte picks technocrat Nestor Espenilla Jr as the new Philippine central bank chief, replacing world-acclaimed Amando Tetangco Jr

Who is new BSP governor Nestor Espenilla?

PH shows off best products, hospitality ahead of 2018 ADB hosting

May 07, 2017 - 5:00 PM

Government officials and business leaders from the Philippines also encourage potential participants to come to the Philippines and invest

PH shows off best products, hospitality ahead of 2018 ADB hosting

China pushes economic diplomacy amid warm Philippine ties

May 06, 2017 - 5:00 PM

The Asian powerhouse expresses optimism over the Philippines' participation in the ambitious Belt and Road Initiative

China pushes economic diplomacy amid warm Philippine ties

Inflation remains steady in April

May 05, 2017 - 6:09 PM

Inflation remains unchanged at 3.4% in April, bringing the average inflation in the first 4 months of the year to 3.2%

Inflation remains steady in April

ADB president: We're not rivals with China's AIIB

May 04, 2017 - 3:48 PM

Asian Development Bank's Takehiko Nakao says the financing need to develop infrastructure in Asia is so huge that the two banks must cooperate

ADB president: We're not rivals with China's AIIB

Mining stocks surge as Gina Lopez loses DENR post

May 03, 2017 - 6:25 PM

For some miners, it is business as usual. But for the mining chamber, the next step is to seek a reversal of 'all the negative orders' that Lopez issued.

Mining stocks surge as Gina Lopez loses DENR post