Rappler's latest stories on Philippine economy
The number of jobs in the tourism industry also inches up by 1.8% to 5.4 million in 2018
(UPDATED) The Philippines' inflation rate rises in May 2019, the first time that it rose after 6 straight months of slowdowns. Did the central bank cut rates too soon?
If we can quickly lower the costs of doing business, beef up our competitiveness, and promote enough export-oriented manufacturers, the US-China trade war could turn into a blessing in disguise
(UPDATED) We track both their track record and statements
The Philippines has its highest credit rating to date. But what does that mean for Filipinos?
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
(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
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
(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
(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
Together with the prosperity, poverty incidence in the region also dipped to 25% from 35% in 2017
Bicol posts an impressive 8.9% growth in 2018, much higher than the national average of 6.2%
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
(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 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'
(4th UPDATE) Inflation again slows down in March. Will the central bank now cut interest rates?
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
The World Bank provided dictator Ferdinand Marcos a curtain of international legitimacy behind which he and his cronies plundered the public till
The World Bank says the Philippines' delayed 2019 budget and El Niño are likely to hurt economic growth
The government was optimistic that economic growth could hit 7% to 8%. Now, that lower-end figure is now the highest target.
(3rd UPDATE) Metro Manila sees its lowest inflation rate in 18 months. All other regions also exhibit slower inflation rates.
After missing their growth targets in 2018, the country's economic managers are upbeat that the economy will be better this time around
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.
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
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
(UPDATED) The latest inflation figure is closer to the government's target range of 2% to 4%
TheNerve’s survey results show Filipinos feeling financially worse off in 2018
Senate President Vicente Sotto III is proposing a reenacted budget for the whole year, but this would threaten the Philippines' economic growth
(UPDATED) While the GDP growth in 2018 misses the government's target, it does not come as a surprise to economists
Socioeconomic Planning Secretary Ernesto Pernia expects the proposed Bangsamoro Autonomous Region in Muslim Mindanao to boost infrastructure and investments
Try out our inflation calculator to finally understand the jargon and how it affects you
First Metro Investment Corporation expects economic growth and lower inflation, but a weaker peso in 2019
(UPDATED) Inflation eases in December amid a sharp drop in global oil prices, higher domestic rice supply, and a slight recovery of the peso
The Philippines' largest business group is optimistic that the country's 'resilient' economy will continue to grow in 2019
All in all, there’s a sense that the Duterte government brought about needless economic hardships to the Filipino people in 2018
Watch this explainer on how the government could bring down inflation
(3rd UPDATE) All regions post slower inflation rates except Central Luzon, which retains its October 2018 rate
Paano nga ba sinusukat ng gobyerno ang inflation? Gaano kalala ang sitwasyon ngayon, at ano ang mga salik o factor sa likod nito?
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
(UPDATED) This is lower than the revised 2nd quarter figure of 6.2%
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
(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
Evidence suggests that ours is a generally healthy economy, posting impressive growth, but carrying some structural flaws
The Bangko Sentral ng Pilipinas projects inflation in October to settle within 6.2% to 7%
A climbing index signals general optimism among buyers and sellers of stocks, whereas a dropping index signals general pessimism
Watch Rappler's midday wRap with Bea Cupin
(UPDATED) This is beyond the 4.8% to 5.2% range estimated by the government for the entire year
The central bank says the higher foreign direct investment inflows in July reflect the 'continued positive investor sentiment on the Philippine economy'
In using historical inflation data, the base year of the data should be taken into account
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