economic growth
ARTICLE FINDER

Philippines overtakes China in economic growth again

Nov 16, 2017 - 12:45 PM

In the 3rd quarter of 2017, the Philippine economy's 6.9% growth performs better than China and neighboring ASEAN countries

Philippine GDP grows faster than expected by 6.9% in Q3 2017

Nov 16, 2017 - 10:16 AM

(3rd UPDATE) The Philippines posts a 'spectacular' 6.9% economic growth in the 3rd quarter despite slower consumption

Philippine GDP growth in Q2 2017 raised to 6.7%

Nov 15, 2017 - 8:55 PM

The top 3 contributors to the upward revision are financial intermediation; construction; and real estate, renting, and business activities

#ThewRap: Things you need to know, October 6, 2017

Oct 06, 2017 - 11:00 AM

Hello! Here are the stories you shouldn't miss this Friday.

Achieving peace in Mindanao key to PH economic growth – World Bank

Oct 05, 2017 - 8:30 PM

The World Bank says long-standing armed conflict in Mindanao makes it challenging to unlock the growth potential of the region, which is a major source of agricultural products

UNLOCKING MINDANAO. World Bank says increasing productivity in Mindanao could reduce prices for food and other goods across the country and improve the competitiveness of the agriculture sector. Rappler graphics by Raffy De Guzman

World Bank cuts Philippine GDP forecast again

Oct 04, 2017 - 9:05 PM

The World Bank's new projections are 6.6% for 2017 and 6.7% for 2018, down from the previous forecasts of 6.8% and 6.9%, respectively

Credit Suisse upgrades Philippine GDP 2017 outlook on Q2 results

Aug 21, 2017 - 6:10 PM

The global financial services giant now expects the Philippines gross domestic product to grow faster at 6 1 instead of 6 this year

STRONGER. The upgrade is a result of a better-than-expected 2nd quarter 2017 results. Rappler file photo

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

Malacañan Photo

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

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

STILL FASTEST? The projected GDP growth for the Philippines this 2017 would be faster than Stanchart's 2017 outlook for Vietnam (6.4%), Indonesia (5.2%), Malaysia (4.6%), Thailand (3.5%), Singapore (2%), and Taiwan (1.9%). Rappler file photo

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

REVISED DOWNWARDS. The multilateral bank agency's growth outlook for the Philippines is now 6.8% for 2017, one percentage point lower than the 6.9% forecast released in the April edition of the World Bank Philippine Economic Update. Rappler file photo

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

Malaysia's Najib: Prosperity for all crucial in fight vs extremism

Apr 28, 2017 - 1:11 PM

In his first address on the sidelines of the ASEAN Summit in Manila Malaysian Prime Minister Najib Razak says the region can avoid the wave of populism felt in other parts of the world by making sure its people benefit from economic growth

PROSPERITY FOR ALL. Malaysian Prime Minister Najib Razak delivers his keynote address to government and industry leaders. Photo from ASEAN video

PH 2016 growth upgraded to 6.9%

Apr 07, 2017 - 7:04 PM

The major contributors for the upward revision in 2016 were Construction Mining and Quarrying and Other Services says the Philippine Statistics Authority

NEDA Board approves dev't plan, vows 'inclusive growth' under Duterte

Feb 21, 2017 - 5:00 PM

Through the Philippine Development Plan 2017 2022 the Duterte administration aims to boost GDP growth to 7 8 and reduce the overall poverty rate to 14 in 6 years

President Rodrigo Roa Duterte presides over the National Economic and Development Authority (NEDA) Board Meeting at the Malacañan Palace on February 20, 2017. Malacañang Photo

IMF's Lagarde 'optimistic' about U.S. economy

Feb 12, 2017 - 7:25 PM

Christine Lagarde predicts tax reform and more investment in infrastructure are both likely under US President Donald Trump

International Monetary Fund (IMF) managing director Christine Lagarde attends a session at the Congress centre on the second day of the World Economic Forum, on January 18, 2017 in Davos. With the world's elite holding its breath until Donald Trump becomes the next US president, outgoing Vice-President Joe Biden addresses the World Economic Forum in Davos / AFP PHOTO / FABRICE COFFRINI

Indonesia growth up in 2016 but Q4 figures disappoint

Feb 06, 2017 - 4:54 PM

A weaker than expected quarterly performance of 4 94 in the period October to December overshadows the annual data The growth in the fourth quarter is dragged down by a dip in government spending

ECONOMIC GROWTH. Indonesian President Joko Widodo (L) delivers a speech at the parliament in Jakarta on August 16, 2016. File photo by Adek Berry/AFP

Aguirre, Philippine economy, ISIS | Evening wRap

Jan 26, 2017 - 10:42 PM

Watch the evening newscast with Chay Hofileña

Under Duterte, is PH economy in good hands?

Jan 26, 2017 - 4:20 PM

Growth momentum is there until 2017 but beyond that the management of the new leader Duterte will have a key role says the senior economist at ING bank

MOVING FORWARD. Aquino turned over an economy to Duterte that has benefited from reforms in governance and transparency. How will the economy fare under Duterte? Rappler graphics

Still among Asia's fastest, PH grows 6.8% in 2016

Jan 26, 2017 - 10:07 AM

UPDATED The result puts the country s economic growth ahead of China s full year growth of 6 7 as well as Vietnam s 6 2

STILL THE FASTEST

UBS sees slower growth, weaker peso for 2017, 2018

Dec 28, 2016 - 8:14 PM

The global financial giant forecasts economic growth to slow to 5 6 next year and 6 0 in 2018 with the peso hitting 51 to the dollar next year and falling further to 55 in 2018

World Bank expects strong growth for PH until 2018

Dec 15, 2016 - 4:55 PM

The global institution sees 6 8 growth this year 6 9 next year and 7 0 in 2018 due to expected infrastructure upgrades and high confidence among consumers and investors

A bird's eye view of two buildings under construction in Manila on November 17, 2016. The Philippines became developing Asia's fastest-growing major economy in President Rodrigo Duterte's first three months in office, officials said on November 17, even as his fiery rhetoric hit the peso and stock prices. / AFP PHOTO / TED ALJIBE

Asia's recipe for healthier economic growth begins at home

Dec 14, 2016 - 3:04 PM

Philippine leaders in the public private and not for profit sectors must adopt a more effective response to both infectious and lifestyle diseases

Rodrigo Duterte, PH economy, United States | 6PM wRap

Nov 17, 2016 - 7:06 PM

Watch the 6PM newscast with Chay Hofileña

PH GDP, Zika cases, fake news | 12PM wRap

Nov 17, 2016 - 12:52 PM

Watch the 12PM newscast with Mara Cepeda

PH GDP grows by 7.1% in Q3 2016

Nov 17, 2016 - 10:05 AM

The Philippines is the fastest growing among major Asian emerging economies that have already released data for the quarter says NEDA

Indonesian growth slows in 3rd quarter

Nov 07, 2016 - 3:30 PM

The economy expanded 5 02 year on year from July to September slightly below forecasts and slower than a revised 5 19 in the second quarter according to the statistics agency

Duterte's pivot: Are we ready for China's imminent debt crisis?

Oct 22, 2016 - 4:14 PM

Before we embark on ever deeper ties with China it’s imperative that our leaders – starting with the President himself – have a good idea of who we’re dealing with and what exactly we’re signing up for

China flag from Wikimedia Commons

Indonesia unexpectedly cuts key interest rate

Oct 21, 2016 - 10:23 AM

Bank Indonesia reduced the rate by 25 basis points to 4 75 despite many economists having forecast there would no change

ECONOMIC GROWTH. Indonesia's central bank on unexpectedly cuts its key interest rate for the 6th time this year. File photo by AFP

Debt mountain, weak banks imperil global economy – IMF

Oct 06, 2016 - 7:00 PM

High debt levels are costly as they often end up in financial recessions that are deeper and longer than normal recessions warns IMF Fiscal Affairs Department chief Vitor Gaspar

A man withdraws cash from an ATM machine in Athens on July 19, 2016.  The European Union and Greece hope to reach a deal on the crisis-hit country's debt mountain by the end of the year, EU economic affairs chief Pierre Moscovici said on July 18. An upcoming review of the Greek bailout in the autumn will include bad bank loans and a labour relations overhaul likely to cause social unrest. / AFP PHOTO / Kostis Ntantamis

IMF warns of protectionist threat to global growth

Oct 05, 2016 - 11:30 AM

The International Monetary Fund cuts its economic outlook for the United States but upgrades those for Japan and the eurozone

This IMF handout photo shows International Monetary Fund Economic Counsellor Maurice Obstfeld as he answers questions during the World Economic Outlook Press Conference at the IMF Headquarters during the 2016 IMF/World Bank Annual Meetings October 4, 201 in Washington, DC. / AFP PHOTO / IMF / Stephen Jaffe / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO /IMF/Stephen JAFFE" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS

World Bank: Inequality threatens fight against extreme poverty

Oct 03, 2016 - 12:00 PM

The World Bank says poverty will persist if gains are not felt by the bottom 40 of the population

A picture taken on March 11, 2016 shows a beggar woman in the streets of Paris. / AFP PHOTO / JOEL SAGET

Weak Japanese growth puts pressure on Abe

Sep 08, 2016 - 2:50 PM

Economists are increasingly writing off Japanese Prime Minister Shinzo Abe s more than 3 year attempt to cement a lasting recovery

Japanese Prime Minister Shinzo Abe gestures to the media upon arrival at a meeting session at the Association of Southeast Asian Nations (ASEAN) Summit in Vientiane on September 7, 2016. The gathering will see the 10 ASEAN members meet by themselves, then with leaders from the US, Japan, South Korea and China. / AFP PHOTO / ROSLAN RAHMAN

IMF's Lagarde warns G20 to avoid 'low-growth trap'

Sep 02, 2016 - 12:00 AM

UPDATED Not since the early 1990s has the world economy been so weak for such a long time says the International Monetary Fund s Christine Lagarde

International Monetary Fund Managing Director Christine Lagarde speaks at the Center for Global Development in Washington, DC, July14, 2016, marking the 15th anniversary of the Center. / AFP PHOTO / JIM WATSON

Duterte vs De Lima, PH economy, Olympics | 6PM wRap

Aug 18, 2016 - 7:42 PM

Watch the 6PM wRap with Maria Ressa

Philippines GDP grows 7% in Q2 2016

Aug 18, 2016 - 10:10 AM

5th UPDATE Among the major Asian emerging economies the Philippines likely remains the fastest or second fastest growing economy in Q2 2016 followed by China says Socioeconomic Planning Secretary Ernesto Pernia

Singapore cuts 2016 forecast as world economy slows

Aug 11, 2016 - 11:40 PM

The city state s gross domestic product is seen to expand 1 2 instead of 1 3

epa05291720 The Pinnacle@Duxton high rise apartments (C) pictured amongst container cranes bearing the PSA logo at the Pasir Panjang container port in Singapore, 04 May 2016. EPA/WALLACE WOON

IMF retains PH growth outlook for 2016 despite global headwinds

Jul 12, 2016 - 9:45 PM

The Philippines is seen to survive the twin threats of the Brexit fallout and an impending interest rate hike by the US Fed

Robredo eyes private partnership to address housing backlog

Jul 12, 2016 - 8:27 PM

The Vice President who is also the new housing chief says this will allow families to afford houses while private firms also earn

INCLUSIVE GROWTH. Vice President Leni Robredo attends the BusinessWorld Economic Forum at the Shangri-La at The Fort, Manila. Photo courtesy of the Office of the Vice President

Aquino signs law creating financial inclusion committee

Jun 15, 2016 - 2:50 PM

The Financial Inclusion Steering Committee s tall order is to provide more people especially those in far flung areas access to financial services

FINANCIAL INCLUSION. President Benigno Aquino III signs Executive Order No. 208 to institutionalize the Financial Inclusion Steering Committee (FISC). Aquino photo by Joseph Vidal/Malacanang Photo Bureau

Fed Chair Yellen says poor US jobs report 'concerning'

Jun 07, 2016 - 2:15 PM

But Yellen also says the overall labor market situation is quite positive

PHILADELPHIA, PA - JUNE 6: Federal Reserve Chair Janet Yellen arrives for her speech on economic outlook and monetary policy on June 6, 2016 in Philadelphia, Pennsylvania. Today is the last time Ms. Yellen will speak publicly before the blackout period preceding the Federal Open Market Committee meeting on June 15, 2016. Jessica Kourkounis/Getty Images/AFP

IMF says not recanting on neoliberalism, austerity

Jun 03, 2016 - 2:30 PM

Maurice Obstfeld the International Monetary Fund s top economist says an article by 3 other IMF economists was widely misinterpreted

Spend for growth, OECD urges governments

Jun 02, 2016 - 12:45 AM

The Organization for Economic Cooperation and Development says there is an urgent need for governments to ramp up spending

epa05340323 OECD Secretary-General Jose Angel Gurria (C-L) with other Ministers and delegations during the meeting of the OECD (Organisation for Economic Co-operation and Development) Council at ministerial level at the organization headquarter in Paris, France, 01 June 2016. OECD Week places a central emphasis on the need for policies that strengthen productivity, and promote inclusive and sustainable growth. EPA/ETIENNE LAURENT

IMF economists question faith in neoliberal doctrine

Jun 01, 2016 - 11:05 AM

Instead of delivering growth some neoliberal policies have increased inequality says 3 economists from the International Monetary Fund

epa04824587 (FILE) A file photo dated 18 May 2011 showing the logo of the International Monetary Fund (IMF) at the entrance of the Headquarters of the IMF, also known as building HQ2, in Washington, DC, USA. Greece will not make the 1.6-billion-euro (1.8-billion-dollar) repayment due 30 June 2015 to the International Monetary Fund unless it strikes a deal in the coming hours with its creditors, Prime Minister Alexis Tsipras said in Athens as the deadline loomed. He implied that his left-wing government would resign if Greeks vote 'yes' in a planned 05 July referendum on a renegotiated bailout. The Greek vote is widely seen as deciding whether the near-bankrupt country stays in the eurozone. No country has left the currency bloc since its founding in 1999. EPA/JIM LO SCALZO

Floods, political change hamper Myanmar growth – World Bank

May 31, 2016 - 11:00 PM

The World Bank estimates 7 GDP growth for Myanmar during the 2015 16 financial year

epa04953916 Street vendors walk through flooded roads near the ThiriMandalar Express bus station in Mandalay, Myanmar, 28 September 2015. Heavy monsoon rains caused floods around Mandalay. EPA/HEIN HTET

Indonesia opens new sectors to foreign investment

May 24, 2016 - 8:21 PM

Foreign firms are allowed to own different shares in businesses depending on the sector according to the new regulation

FOREIGN INVESTMENT. Indonesia aims to bring in foreign investments to the country. AFP

PH GDP grows 6.9% Q1 2016

May 19, 2016 - 10:05 AM

3rd UPDATE This makes the Philippines the fastest growing economy in the region ahead of regional giant China

BSP, JP Morgan optimistic about PH growth under Duterte

May 13, 2016 - 6:00 PM

We would expect that the economy will continue to be stable and the macro economy will continue to attract confidence of the markets says the BSP

Blow to Jokowi: Indonesia growth slower than forecast

May 04, 2016 - 8:06 PM

Despite President Jokowi s efforts to boost the economy first quarter growth was lower than expected

GROWTH DOWN. Economy grew 4.92% year-on-year from January to March. File photo by AFP

Eurozone growth forecast cut as global risks, Brexit loom

May 03, 2016 - 11:00 PM

The European Commission trims its 2016 forecast to 1 6 citing increased global risks

epa03264431 Illustration Picture showing the EU flags in front of the European Commission headquarters in Brussels, Belgium, 14 June 2012. EPA/OLIVIER HOSLET