Philippine economy - updates

Rappler's latest stories on Philippine economy

ARTICLE FINDER

Where do leading Senate bets stand on key economic issues?

May 11, 2019 - 2:16 PM

(UPDATED) We track both their track record and statements

EXPLAINER: What's in it for us if the PH has good credit ratings?

May 09, 2019 - 1:54 PM

The Philippines has its highest credit rating to date. But what does that mean for Filipinos?

[ANALYSIS] Duterte a ‘competent’ economic manager? Not so fast

May 09, 2019 - 12:34 PM

To thank Duterte for his 'political will and decisive action' on inflation is like thanking an arsonist for putting out a fire he created in the first place

Philippine GDP growth drops to 4-year low in Q1 2019

May 09, 2019 - 10:03 AM

(3rd UPDATE) The Philippines posts only 5.6% growth in the 1st quarter of 2019, as the government's infrastructure projects hit pause due to the delayed national budget approval

Rappler Talk: JC Punongbayan on PH economy and 2019 elections

May 08, 2019 - 6:26 PM

Tune in on Wednesday, May 8, as Rappler sits down with economist and columnist JC Punongbayan to discuss the Philippines' economic issues and how candidates are proposing to fix these problems

Inflation again settles within target at 3% in April 2019

May 07, 2019 - 9:03 AM

(4th UPDATE) As inflation eases further in April, analysts are looking at whether the Bangko Sentral ng Pilipinas will cut the benchmark interest rate or the reserve requirement ratio

Vegetables at the Commonwealth Public Market on Sunday, April 28, 2019. Photo by Darren Langit/Rappler

S&P upgrades Philippine credit rating to BBB+

Apr 30, 2019 - 6:45 PM

(UPDATED) S&P upgrades the credit rating of the Philippines to BBB+ with a positive outlook on the back of the country's strong economic growth

Northern Mindanao economy grows to 7% in 2018

Apr 26, 2019 - 8:54 AM

Together with the prosperity, poverty incidence in the region also dipped to 25% from 35% in 2017

Bicol posts fastest economic growth among regions in 2018

Apr 25, 2019 - 9:55 PM

Bicol posts an impressive 8.9% growth in 2018, much higher than the national average of 6.2%

FASTEST GROWTH. Bicol Region registers the fastest GDP growth among all regions in the country. Shutterstock photo

Fitch cuts Philippine economic growth forecasts for 2019, 2020

Apr 24, 2019 - 9:10 PM

Fitch Ratings says the delayed passage of the 2019 budget, aggressive interest rate hikes, and the US-China trade war will weigh on the Philippines' economic growth

Philippine exports drop, imports rise in February 2019

Apr 11, 2019 - 12:35 PM

(UPDATED) The Philippines' balance of trade in goods increased to a $2.79-billion deficit, from a $2.54-billion deficit year-on-year

Swedish firms bullish on Philippines, but frown on red tape

Apr 08, 2019 - 4:45 PM

Swedish firms doing business in the Philippines expect double-digit growth in the next 3 years, but also note that doing business in the country 'is not easy'

Inflation eases further to 3.3% in March 2019

Apr 05, 2019 - 9:05 AM

(4th UPDATE) Inflation again slows down in March. Will the central bank now cut interest rates?

Philippine economy may be one of few winners in 2019 regional slowdown

Apr 03, 2019 - 3:40 PM

The Asian Development Bank trims its 2019 growth prospects for the Philippines, but expects it to be among the few countries which may beat their 2018 figures


[ANALYSIS] How the Marcos-World Bank partnership brought PH economy to its knees

Apr 02, 2019 - 9:15 AM

The World Bank provided dictator Ferdinand Marcos a curtain of international legitimacy behind which he and his cronies plundered the public till

World Bank cuts 2019 Philippine growth outlook again

Apr 01, 2019 - 2:30 PM

The World Bank says the Philippines' delayed 2019 budget and El Niño are likely to hurt economic growth

Budget fiasco pushes economic team to lower growth target

Mar 13, 2019 - 7:44 PM

The government was optimistic that economic growth could hit 7% to 8%. Now, that lower-end figure is now the highest target.

Finally! Inflation in February 2019 falls within target at 3.8%

Mar 05, 2019 - 9:04 AM

(3rd UPDATE) Metro Manila sees its lowest inflation rate in 18 months. All other regions also exhibit slower inflation rates.

9 reasons why the Philippines is ripe for business in 2019

Feb 27, 2019 - 8:30 PM

After missing their growth targets in 2018, the country's economic managers are upbeat that the economy will be better this time around

Philippine exports, imports nosedive in December 2018

Feb 12, 2019 - 4:05 PM

The Philippine Statistics Authority says both imports and exports shrank in December 2018. Overall, the country's trade gap is now at its widest in history.

Approved investments hit P97.9 billion in January 2019

Feb 11, 2019 - 12:40 PM

Trade Secretary Ramon Lopez says the Board of Investments is off to a good start in its attempt to hit P1 trillion in approved investments for 2019

Media made inflation worse? Economic team never flagged it until now

Feb 06, 2019 - 4:05 PM

Rappler reviews statements of the government's economic team and finds that they never mentioned media reports among the factors which aggravated inflation in 2018

Inflation slows down further to 4.4% in January 2019

Feb 05, 2019 - 9:01 AM

(UPDATED) The latest inflation figure is closer to the government's target range of 2% to 4%

Feeling the inflation pinch, Filipinos hold back on spending

Feb 04, 2019 - 1:32 PM

TheNerve’s survey results show Filipinos feeling financially worse off in 2018

Reenacted budget for entire 2019? Bad news for economy

Jan 30, 2019 - 5:00 PM

Senate President Vicente Sotto III is proposing a reenacted budget for the whole year, but this would threaten the Philippines' economic growth

Economic growth inches up to 6.1% in Q4, but misses 2018 target

Jan 24, 2019 - 10:06 AM

(UPDATED) While the GDP growth in 2018 misses the government's target, it does not come as a surprise to economists

EXPECTED TO MISS. The country's economic growth falls below government's target. Image from Shutterstock

Creation of Bangsamoro region to spur economic growth – NEDA

Jan 22, 2019 - 7:05 PM

Socioeconomic Planning Secretary Ernesto Pernia expects the proposed Bangsamoro Autonomous Region in Muslim Mindanao to boost infrastructure and investments

Inflation was a big story, but many had no idea what it meant

Jan 21, 2019 - 5:37 PM

Try out our inflation calculator to finally understand the jargon and how it affects you

Elections, infra push to boost PH economy in 2019 – First Metro

Jan 15, 2019 - 7:10 PM

First Metro Investment Corporation expects economic growth and lower inflation, but a weaker peso in 2019

Inflation cools down to 5.1% in December 2018

Jan 04, 2019 - 9:04 AM

(UPDATED) Inflation eases in December amid a sharp drop in global oil prices, higher domestic rice supply, and a slight recovery of the peso

Consumer, gov't spending to lift PH economy in 2019 – PCCI

Dec 22, 2018 - 7:06 PM

The Philippines' largest business group is optimistic that the country's 'resilient' economy will continue to grow in 2019

'RESILIENT' ECONOMY. The Philippines will continue to enjoy a high growth rate in 2019, according to the PCCI. File photo

[ANALYSIS] How rough was 2018 for the PH economy?

Dec 12, 2018 - 12:00 PM

All in all, there’s a sense that the Duterte government brought about needless economic hardships to the Filipino people in 2018

PANOORIN: Ano ang magagawa ng gobyerno laban sa inflation?

Dec 08, 2018 - 12:06 PM

Watch this explainer on how the government could bring down inflation

Inflation eases to 6% in November 2018

Dec 05, 2018 - 9:02 AM

(3rd UPDATE) All regions post slower inflation rates except Central Luzon, which retains its October 2018 rate

PANOORIN: Ano ang katotohanan sa inflation?

Nov 23, 2018 - 4:53 PM

Paano nga ba sinusukat ng gobyerno ang inflation? Gaano kalala ang sitwasyon ngayon, at ano ang mga salik o factor sa likod nito?

IN CHARTS: Don't credit China for Philippine growth just yet

Nov 20, 2018 - 8:00 AM

The bulk of foreign direct investments and project loans still comes from traditional trade partners like Japan and the United States, and not from China

Philippine economy slows down to 6.1% in Q3 2018

Nov 08, 2018 - 10:03 AM

(UPDATED) This is lower than the revised 2nd quarter figure of 6.2%

[ANALYSIS] Ease of doing business: Why is the PH rank plummeting?

Nov 08, 2018 - 9:30 AM

Under President Duterte's watch, we've gone down the global Doing Business ranking by 25 notches all in all – by far the largest decline in ASEAN

Inflation steady at 6.7% in October 2018

Nov 06, 2018 - 9:05 AM

(3rd UPDATE) The latest figure reinforces the projections of the Bangko Sentral ng Pilipinas and the Department of Finance that inflation is beginning to taper off

[ANALYSIS] The real score on foreign direct investments

Nov 02, 2018 - 10:00 AM

Evidence suggests that ours is a generally healthy economy, posting impressive growth, but carrying some structural flaws

Inflation likely peaked in Q3 2018 – Bangko Sentral

Oct 31, 2018 - 5:55 PM

The Bangko Sentral ng Pilipinas projects inflation in October to settle within 6.2% to 7%

[ANALYSIS] Why is the PH stock market among world’s worst?

Oct 24, 2018 - 9:42 AM

A climbing index signals general optimism among buyers and sellers of stocks, whereas a dropping index signals general pessimism

Trillanes amnesty, effects of inflation, Facebook crackdown in PH | Midday wRap

Oct 23, 2018 - 1:06 PM

Watch Rappler's midday wRap with Bea Cupin

Inflation rises to 6.2% in Q3 2018

Oct 19, 2018 - 10:35 AM

(UPDATED) This is beyond the 4.8% to 5.2% range estimated by the government for the entire year

Commonwealth Public Market on Monday, October 08, 2018. Photo by Darren Langit/Rappler

Foreign direct investments soar in July 2018 despite economic tensions

Oct 11, 2018 - 9:55 AM

The central bank says the higher foreign direct investment inflows in July reflect the 'continued positive investor sentiment on the Philippine economy'

FAST FACTS: Philippine inflation rate over the years

Oct 10, 2018 - 5:00 PM

In using historical inflation data, the base year of the data should be taken into account

[ANALYSIS] Upper-middle income Philippines by 2019: How true?

Oct 10, 2018 - 10:18 AM

If becoming an upper-middle income country was hard enough – it took us more than 3 decades to do that – becoming a high-income country (like Singapore or South Korea today) will be harder still

Inflation in September 2018 strains Filipinos' budget at 6.7%

Oct 05, 2018 - 8:59 AM

(UPDATED) Inflation spoils the country's growth outlook, poverty alleviation efforts, and people's perception on the government

World Bank downgrades 2018 Philippine economic outlook

Oct 04, 2018 - 2:19 PM

The World Bank says the Philippines' growth trajectory is positive but lower than expected

GROWTH. The World Bank cuts the growth forecast for the Philippines in 2018, but says the economy will remain strong in the coming years. Photo by Jire Carreon/Rappler


[ANALYSIS] Is the Philippine economy overheating?

Sep 28, 2018 - 12:23 PM

The challenge to economic managers is akin to fixing an overheating car: pull over, open the hood, and let things simmer down