Chris Schnabel

A native Manileño, Chris spent a decade abroad learning as much as he could about the world and how narratives change from place to place.

He spent most of his time in California where he studied International Economics at the University of San Francisco, and in Beijing China where he studied Mandarin at Tsinghua University and worked as a teacher.

It was in China a couple of years ago where he began to feel the rumblings of optimism coming from home – rumblings that intrigued him enough to return and be a part of the Philippines' exciting growth story.

After a stint as a manager in logistics and shipping, Chris decided to take the plunge into journalism, which he believes provides the keenest and widest view of how economics and politics shape the world.

Chris covers all things business and economics for Rappler, a position that gives him a front row seat to the story of a country that is finally realizing its potential.

Dec 2017
BUSINESS 05:29pm, Dec 26, 2017
Ex MRT-3 service provider blacklisted from future bids by DOTr

MANILA, Philippines – The Department of Transportation (DOTr) has made it clear that the terminated MRT-3 maintenance service provider, Busan Universal Rail Incorporated (BURI), and its affiliates ...

BUSINESS 07:12pm, Dec 22, 2017
Duterte vetoes parts of tax reform law

MANILA, Philippines—President Rodrigo Duterte has vetoed some parts of the first package of the Tax Reform for Acceleration and Inclusion (Train) law, Malacañang Palace informed Congress on Friday, ...

BUSINESS 05:37pm, Dec 20, 2017
Metro Manila Subway leads expected infra buildup in 2018

MANILA, Philippines – 2018 is when the government's Build, Build, Build program is expected to really kick in, garnished by big-ticket projects such as the long-awaited Metro Manila Subway and the ...

BUSINESS 08:40pm, Dec 18, 2017
Globe sets up free call stations in Urduja-hit areas

MANILA, Philippines – Ayala-led Globe Telecom said it has set up "Libreng Tawag" or free call stations in Tacloban City in Leyte as well as the provinces of Eastern Samar and Aklan to assist those ...

BUSINESS 04:15pm, Dec 18, 2017
San Miguel buys Masinloc coal power plant for nearly $2 billion

MANILA, Philippines – In one of the largest deals in Philippine corporate history, the power unit of San Miguel Corporation (SMC) won the bidding for AES Philippines' assets, including its coal ...

BUSINESS 06:10pm, Dec 14, 2017
NEDA eyes 6 big infra project rollouts, 8% GDP growth in 2018

MANILA, Philippines – Filipinos can look forward to some much-awaited infrastructure projects finally breaking ground in 2018, and bringing even stronger economic growth, if the expectations of the ...

BUSINESS 04:59pm, Dec 14, 2017
UnionBank sets out to hack PH banking with digital transformation

Aboitiz-led Union Bank of the Philippines, like most of the big banks in the country, is embracing the possibilities of going digital. What may be different is the extent to which UnionBank has bet ...

BUSINESS 04:43pm, Dec 14, 2017
SM to open 3rd mall in Batangas on December 15

MANILA, Philippines – SM Prime Holdings Incorporated, the property development arm of Henry Sy's SM Group, is set to open its 3rd mall in Batangas on Friday, December 15. Called SM Center Lemery, ...

BUSINESS 08:00pm, Dec 13, 2017
Robinsons Retail invests in BeautyMNL operator

MANILA, Philippines – Gokongwei-led Robinsons Retail Holdings Incorporated (RRHI) expanded its e-commerce presence by investing in an online beauty and wellness shop. In a disclosure to the ...

BUSINESS 04:30pm, Dec 13, 2017
ADB upgrades Philippine GDP growth forecast for 2017, 2018

MANILA, Philippines – The Asian Development Bank (ADB) upgraded its growth outlook for the country for 2017 and 2018, as the government's massive infrastructure drive finally started to take ...