economic growth
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ADB cuts Philippine growth forecast, expects inflation to hit harder

Sep 26, 2018 - 12:05 PM

The Asian Development Bank says it revised its outlook due to the weak agriculture sector, high inflation, and continued global monetary tightening

Lower GDP over Duterte's policies? 'So be it,' says Malacañang

Aug 09, 2018 - 1:11 PM

Environmental policies that have slowed down economic growth, such as the Boracay closure and stricter rules for mining, are 'justified,' says Presidential Spokesman Harry Roque

President Rodrigo Roa Duterte salutes the flag as he sings the Philippine national anthem during the 117th Police Service Anniversary at the Philippine National Police (PNP) Headquarters in Camp Brigadier General Rafael T. Crame, Quezon City on August 8, 2018. RICHARD MADELO/PRESIDENTIAL PHOTO

Philippine economy slows down to 6% in Q2 2018

Aug 09, 2018 - 10:06 AM

(3rd UPDATE) The gross domestic product for the 2nd quarter of 2018 falls short of market expectations

Philippine economy’s growth likely slowed in Q2 2018 – Moody's

Aug 03, 2018 - 7:29 PM

Moody's Analytics says inflation is partly to blame for the slower gross domestic product growth

GROWTH. Moody's Analytics projects the Philippine economy to have grown at a slower pace partly due to inflation. Photo by Jire Carreon

Philippine economy to sustain growth momentum – First Metro

Jul 16, 2018 - 9:25 PM

First Metro Investment Corporation president Rabboni Francis Arjonillo says the country's gross domestic product may meet or even surpass the government's target of 7% in 2018

What Duterte's economic team did not say during the pre-SONA 2018 forum

Jul 06, 2018 - 10:02 PM

The dip in Philippine competitiveness ranking, missing the 2017 labor target, and slow implementation of infrastructure projects are left out during the 'Tatak ng Pagbabago: Tatak ng Pag-unlad' forum

THE ECONOMY'S HEALTH. Public Works and Highways Secretary Mark Villar (left), Finance Secretary Carlos Dominguez III (middle), and Socioeconomic Planning Secretary Ernesto Pernia (right) reported the various efforts of their respective agencies during the pre-state of the nation (SONA) forum. Pernia's photo by Albert Alcain/Presidential Photo, Dominguez' photo by Toto Lozano/Presidential Photo, Villar's photo by Malacañang Photos

Philippine GDP grows by 6.8% in Q1 2018

May 10, 2018 - 10:04 AM

(4TH UPDATE) Socioeconomic Planning Secretary Ernesto Pernia says Philippine economic growth in the first quarter of the year would have been well within government's target if it were not for high inflation

Three Mindanao regions beat country's GDP in 2017

Apr 26, 2018 - 11:28 PM

The 3 Mindanao regions are Davao, Soccsksargen, and ARMM

World Bank expects stable 6.7% growth for PH in 2018, 2019

Apr 12, 2018 - 8:00 PM

'Any growth above 6.7% would require vigorous investment in physical and human capital to push the economy beyond its current potential output,' says the World Bank

Aquino on Senate Dengvaxia report, LTFRB on Grab, White House on Mueller | Evening wRap

Apr 11, 2018 - 8:42 PM

Watch Rappler's evening newscast with Marguerite de Leon

Philippines in 'golden age' of growth – ADB

Apr 11, 2018 - 1:21 PM

The Asian Development Bank projects the Philippine economy to grow by 6.8% in 2018 and 6.9% in 2019

ADB Asian development outlook 2018

7% economic growth 'very achievable' this year – BPI

Feb 20, 2018 - 8:50 PM

The Ayala-led bank also predicts the peso will depreciate 3-4% every year until 2021 as the government's infrastructure buildup progresses

Height, lifespan, GDP: Humanity has stagnated for most of its history

Feb 10, 2018 - 10:00 AM

This claim is particularly important given that mankind experienced significant technological improvements expected to increase productivity and income per person, from the Neolithic revolution to the invention of the printing press

For exclusive use in The Conversation story//Is the observation that the standard of living stagnated until 1820 reliable? Uroš Jovičić/Unsplash, CC BY

Philippine economy returns crown to China

Jan 23, 2018 - 5:45 PM

The Philippine economy lags behind China and Vietnam in 2017, but remains the fastest-growing economy in the ASEAN-5

#ThewRap: Things you need to know, January 23, 2018

Jan 23, 2018 - 10:59 AM

Hello! Here's a roundup of news you need to know this Tuesday.

Philippine GDP grows by 6.7% in 2017

Jan 23, 2018 - 10:05 AM

(2nd UPDATE) For the 4th quarter of 2017 alone, the Philippine economy grows by 6.6%. Its 2017 growth places it 3rd in Asia behind China and Vietnam.

Philippines revises Q3 2017 GDP growth upwards to 7%

Jan 22, 2018 - 2:30 PM

The top 3 contributors to the upward revision are manufacturing; trade and repair of motor vehicles, motorcycles, personal and household goods; as well as mining and quarrying

NEDA eyes 6 big infra project rollouts, 8% GDP growth in 2018

Dec 14, 2017 - 6:10 PM

These projects include the Metro Manila Subway and Phase 1 of the Mindanao Railway which would encompass the Tagum-Davao-Digos Segment

ECONOMIC PLANNING. NEDA officials led by Socioeconomic planning secretary Ernesto Pernia (5th from right) discuss upcoming infrastructure and other economic issues at NEDA's 2017 year-end briefing held in Pasig on December 14. Photo by Chris Schnabel/Rappler

ADB upgrades Philippine GDP growth forecast for 2017, 2018

Dec 13, 2017 - 4:30 PM

The outlook of the Asian Development Bank 'assumes that growth in the government's infrastructure program will accelerate'

Fitch upgrades Philippines' credit rating

Dec 11, 2017 - 12:26 PM

(UPDATED) The upgrade from BBB- to BBB is due to strong economic growth and the tax reform initiative

#ThewRap: Things you need to know, November 17, 2017

Nov 17, 2017 - 11:00 AM

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

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 7% in Q3 2017

Nov 16, 2017 - 10:16 AM

(4th UPDATE) The Philippines posts a 'spectacular' 7% 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