economic growth Philippines - updates

Rappler's latest stories on economic growth Philippines

ARTICLE FINDER

Despite political risks, Fitch Ratings raises outlook for Philippines

Feb 11, 2020 - 9:00 PM

Fitch Ratings says the Duterte administration's review of allegedly onerous contracts may create some uncertainty, but will not affect the overall business environment and foreign investments

[ANALYSIS] Will novel coronavirus also infect the Philippine economy?

Feb 05, 2020 - 10:35 AM

In this uber-globalized world, we have to accept that when China sneezes we will all likely catch a cold. But how can we minimize the risk?

[ANALYSIS] Why did Philippine growth drop to an 8-year low?

Jan 31, 2020 - 11:56 AM

Why is there disappointing growth, given the country's potential? Let's talk about lower investments and the weakening of industry.

Finance team says PH economy 'can handle' coronavirus effects

Jan 30, 2020 - 9:35 PM

Philippine officials do not see the novel coronavirus putting a major dent in the economy

MINIMAL ECONOMIC EFFECT. Chinese nationals arriving from Guangzhou, China are seen wearing face mask at the arrival area of Ninoy Aquino International Airport Terminal 1 in Pasay City. File photo by Ben Nabong/Rappler

[ANALYSIS] 2020s: Can we sustain the stellar growth of the 2010s?

Jan 03, 2020 - 11:14 AM

There’s a lot to be thankful for in the 2010s when more Filipinos became more prosperous and healthy, so much so that the 2010s might be considered our economy’s true 'golden age.'

[ANALYSIS] Is the Philippine economy in the pink again? Not exactly

Nov 08, 2019 - 6:50 PM

Latest data betray troubling trends in the economy that soon need to be addressed

Philippines to miss 2019 economic growth target – World Bank

Oct 10, 2019 - 10:05 PM

Global trade tensions and domestic politics spoil the Philippines' dream to be among Asia's economic juggernauts

ADB sees Philippines still hitting 2019 economic growth target

Sep 25, 2019 - 1:50 PM

The Asian Development Bank cuts its growth outlook for the Philippines to 6% in 2019, just clinging on to the lower end of the government's target band

IN CHARTS: Despite slower growth, employment improves in July 2019

Sep 05, 2019 - 4:40 PM

Underemployment falls and more young Filipinos enter the workforce in July 2019

Inadequate StatDev results highlighted in De Lima lecture series

Aug 27, 2019 - 8:43 PM

Advocacy organization Every Woman launches a lecture series to promote 'enlightenment' amidst Senator Leila de Lima's detainment

"FREE LEILA NOW." Every Woman reads its statement in the inaugural Leila de Lima Annual Lecture Series. A chair with De Lima's shawl is left empty. Photo by Michelle Abad/Rappler

ADB again lowers Philippine economic growth forecast for 2019

Jul 18, 2019 - 6:00 PM

The Asian Development Bank projects Philippine GDP to grow by 6.2% in 2019, lower than its previous projection of 6.4%

[ANALYSIS] US-China trade war: Where does the Philippines stand?

Jun 04, 2019 - 10:45 AM

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

[ANALYSIS] How pro-Duterte lawmakers hurt economic growth

May 12, 2019 - 4:58 PM

What makes the latest growth data unsettling is that our lawmakers seem to have been directly and largely responsible for it

Bangko Sentral cuts interest rates as inflation, growth slow down

May 09, 2019 - 5:10 PM

(UPDATED) The Bangko Sentral ng Pilipinas cuts the key policy rate by 25 basis points, but some economists say the move may have been done too early

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

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

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

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

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

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'

#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

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

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

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

Nov 17, 2016 - 7:06 PM

Watch the 6PM newscast with Chay Hofileña

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

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

NEDA chief: PH economy can hit 8% growth in next 6 years

Dec 17, 2015 - 4:08 PM

If it would be business as usual potential growth of the economy cannot be higher than 6 says NEDA chief Arsenio Balisacan

HIGH GROWTH. 'We are confident that we shall see this high growth pattern continue and even improve throughout next year and the succeeding administrations,' Balisacan says. File photo by Rappler.

Aquino to APEC finance ministers: Real growth is inclusive growth

Sep 10, 2015 - 8:30 PM

The President banners again the economic achievements of his administration to finance ministers attending APEC meetings in Cebu

President Benigno S. Aquino III delivers his speech during the Asia-Pacific Economic Cooperation (APEC) Finance Ministers’ Meeting and Related Meetings at the Rosal Ballroom of the Shangri-La Mactan Resort and Spa in Lapu-Lapu City, Cebu on Thursday (September 10, 2015). Photo by Rey Baniquet. / Malacañang Photo Bureau

PH economy seen to recover in Q2 2015

Aug 01, 2015 - 9:18 AM

Government spending and ease in inflation should drive economic growth in the second quarter with consumer and infrastructure spending picking up First Metro Investment Corporation says

RECOVERED. The early second quarter signs point to a definite recovery from the measly 5.2% economic growth in the first three months of 2015, FMIC says. Shutterstock Photo

PH to miss 2015 GDP growth target – economists

May 28, 2015 - 8:11 PM

UPDATED Economists say the Q1 2015 GDP letdown only shows that government needs to accelerate public spending and grow other sectors

World Bank cuts PH growth forecast to 6.5% for 2015

Apr 13, 2015 - 11:40 AM

UPDATED Economic growth will also ease slightly in developing countries this year on the back of falling oil prices World Bank says

Ayala Corporation remains bullish in PH

Apr 10, 2015 - 7:00 PM

While it is exploring other opportunities in Southeast Asia the conglomerate is still seeing – and riding on – the country’s growth potentials Jaime Augusto Zobel De Ayala says

Aquino at WEF: Inclusive growth is PH's yardstick

May 22, 2014 - 4:45 PM

The country s successes have not been enough thus the focus on helping the poorer sectors says President Aquino

ADB raises 2013 growth forecast for PH

Oct 02, 2013 - 4:06 PM

But it cuts its growth projection for the region citing China s and India s slowdown

HIGHER FORECASTS. The Manila-based lender upgrades its growth forecast for the Philippines. File photo by EPA

PH matches China's 7.5% growth in Q2

Aug 29, 2013 - 10:00 AM

The Philippines remains the fastest growing economy in Southeast Asia matching the growth rate of regional powerhouse China

PH growth to slow to 5.5% amid strong peso - analyst

May 23, 2013 - 5:36 PM

Goldman Sachs expects the peso to strengthen further to P37 5 to the dollar in the next 12 months

SLOWER GROWTH. Goldman Sachs ASEAN economist Mark Tan says the country's economic growth will only be slightly above 5% in 2013 and 2014. Photo by Lean Santos/Rappler

PH growth to slow to 6.2% in 2013 - UN

Apr 18, 2013 - 1:19 PM

The UN body ESCAP cites how slowdown in major trading partners like China may impact the local economy

Image obtained from UNESCAP website

ADB: PH can sustain 6% growth until 2016 if…

Apr 10, 2013 - 8:27 AM

ADB highlights the need for the government to implement targeted interventions to revive the manufacturing sector

REVIVE MANUFACTURING. The only way the economy can sustain a 6% growth annually until 2016 is if the government would be able to revive the country's ailing manufacturing sector. Photo by AFP

Gov't sees 6% to 7% growth in Q1

Mar 25, 2013 - 6:32 PM

Remittances and election spending offset weak exports says socioeconomic planning chief Arsenio Balisacan

PH needs 'judo economics' to further grow

Mar 19, 2013 - 3:09 PM

An expert says OFW remittances are a good source of funds for public goods

Can we trust our economic statistics?

Feb 12, 2013 - 1:04 AM

Good statistics are necessary for good evidence based policymaking which is largely a garbage in garbage out process

PH economy to grow 5.5%-6% in 2012 - think tank

Sep 13, 2012 - 10:30 AM

The 6 growth is the high end of the government s gross domestic product growth target this year

Philippines still a long way from licking poverty

Aug 30, 2012 - 7:44 PM

The Philippines still has a long way to go to see significant reduction in poverty