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.

Apr 2018
BUSINESS 05:10pm, Apr 26, 2018
Cebu Pacific eyes 22 million passengers in 2018

MANILA, Philippines – Gokongwei-led Cebu Pacific set a high target for passengers this year despite the 6-month closure of Boracay, one of the country's top tourist draws. "Cebu Pacific aims to fly ...

BUSINESS 03:05pm, Apr 25, 2018
BDO to finance modern jeepneys

MANILA, Philippines – Sy family-led BDO Unibank Incorporated announced plans to finance the creation of modern and safer jeepneys as the government's public utility vehicle (PUV) modernization ...

BUSINESS 05:10pm, Apr 24, 2018
PSBank names Jose Vicente Alde as president

MANILA, Philippines – Listed Philippine Savings Bank (PSBank), the thrift arm of the Ty family-led Metropolitan Bank & Trust Company (Metrobank), has a new man at the helm. The bank told the ...

BUSINESS 04:05pm, Apr 23, 2018
BSP launches InstaPay electronic fund transfer service

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) took a step closer to its goal of seeing electronic payments comprise 20% of all transactions in the country by 2020, with the launch of ...

BUSINESS 07:55pm, Apr 22, 2018
Globe works to make GCash compatible with Alipay

MANILA, Philippines – Globe Telecom's fintech arm, Globe Fintech Innovations Incorporated or Mynt, launched an initiative to allow payments on its GCash digital wallet to be seamlessly compatible ...

BUSINESS 05:33pm, Apr 20, 2018
BDO net income up 1.2% to P5.9 B in Q1 2018

MANILA, Philippines – Sy family-led BDO Unibank Incorporated (BDO) saw its Q1 bottom line remain steady as it projects 10% growth this year. In a statement following its annual stockholders meeting ...

BUSINESS 10:40am, Apr 20, 2018
Philippine inflation rate averages 3.8% for Q1 2018

MANILA, Philippines (3rd UPDATE) – Inflation, or the movement of prices of basic goods and services, hit its highest quarterly average since 2014 as the tax reform law, higher oil prices, a weaker ...

BUSINESS 06:35pm, Apr 19, 2018
Globe seeks new revenues from eSports

MANILA, Philippines – Ayala-led Globe Telecom has moved into eSports with the launch of its new Globe Gaming division, which it plans to boost gradually as a potentially rich source of ...

BUSINESS 08:05pm, Apr 18, 2018
Ayala Land outlines PH, Malaysia expansion in 2018

MANILA, Philippines – Ayala Land Incorporated, the property arm of the Ayala group, is targeting a slew of new local developments as well as a push into Malaysia as it chases its target of P40 ...

BUSINESS 02:00pm, Apr 18, 2018
Cebu Landmasters to build 1st Radisson Red hotel in PH

MANILA, Philippines – Recently listed property developer Cebu Landmasters Incorporated (CLI) announced on Wednesday, April 18, that it signed an agreement with the Radisson Hotel Group to bring the ...