economy
ARTICLE FINDER

The K-pop model and why it’s important to build a creative economy

Sep 20, 2018 - 6:32 PM

Rappler talks to John Howkins, professor and father of the Creative Economy, on the power of ideas and creativity

Duterte may issue EO to address inflation

Sep 12, 2018 - 10:16 AM

(UPDATED) President Rodrigo Duterte meets with his economic managers before the 29th Cabinet meeting to discuss how to contain inflation

President Rodrigo Roa Duterte presides over the 29th Cabinet Meeting at the Malacañan Palace on September 11, 2018. VALERIE ESCALERA/PRESIDENTIAL PHOTO

Rappler Talk: Economist Emmanuel de Dios on soaring inflation under Duterte

Sep 11, 2018 - 1:54 PM

On Tuesday, September 11, Rappler editor-at-large Marites Vitug sits down with Emmanuel de Dios to discuss economic issues and help make sense of the situation that Filipinos now find themselves in

[OPINYON] Malayo sa bituka

Sep 09, 2018 - 3:00 PM

May parang kung anong manipulasyon para makalimutan natin ang napipinto nating pagkagutom

Roque on 9-year high inflation: 'Nothing to worry about'

Sep 07, 2018 - 3:48 PM

Malacañang says the 6.4% August inflation rate is 'not ridiculously high' and points to other indicators that show a healthy Philippine economy

Robredo to Duterte gov't: 'Stop dismissing inflation as sign of growing economy'

Sep 06, 2018 - 11:20 AM

'Sa halip na patahimikin ang mga taong pumupuna ng mga pagkukulang nila, gamitin sana itong pagkakataon ng administrasyon na patunayang kaya nilang pababain ang presyo ng mga bilihin,' says Vice President Leni Robredo

GOVERNMENT PRIORITIES. Vice President Leni Robredo urges the Duterte administration to focus on easing high food prices rather than on matters like putting back opposition Senator Antonio Trillanes IV in jail. File photo by Jire Carreon/Rappler

[ANALYSIS] Why is Philippine inflation now the highest in ASEAN?

Sep 06, 2018 - 9:35 AM

Inflation expectations matter because they change how people behave. It’s in government’s interest to manage these expectations from time to time.

IN CHARTS: This is how bad August 2018 inflation is in regions

Sep 05, 2018 - 11:30 PM

Which region had the highest inflation? Where did vegetable prices spike the most? Here's a look.

Gov't 'did little or nothing' to stop 6.4% August inflation

Sep 05, 2018 - 9:10 PM

Albay 2nd District Representative Joey Salceda says market opportunists and rice hoarders can no longer be blamed for the rising prices of goods in the country

NOT SATISFIED. Albay 2nd District Representative Joey Salceda is dissatisfied with the way the Duterte administration is handling soaring inflation. File photo by Darren Langit/Rappler

Climate action could add $26 trillion to world economy – study

Sep 05, 2018 - 6:59 PM

The shift would involve change in 5 key areas: the development of clean energy systems, improved urban planning, a shift towards more sustainable agriculture, smart water management and decarbonising industry.

CLIMATE ACTION. Visitors look at a sphere displayed at the pavillion of India on November 8, 2017 during the COP23 United Nations Climate Change Conference in Bonn, Germany. File photo by Patrik Stollarz/AFP

Duterte admin ‘doing what it can’ to address inflation, says Arroyo

Sep 05, 2018 - 4:47 PM

Speaker Gloria Macapagal Arroyo says she encountered an even 'more alarming' economic situation when she was president, when inflation climbed to 6.6%. But she was able to lower this through rice importation.

TAMING INFLATION. Speaker Gloria Macapagal Arroyo is also an economist. File photo by LeAnne Jazul/Rappler

EXPLAINER: How inflation affects you

Sep 05, 2018 - 12:30 PM

Is inflation all bad? How does it affect savings? Rappler breaks it down for you.

Inflation surges to 6.4% in August 2018, exceeds estimates

Sep 05, 2018 - 10:17 AM

(3rd UPDATE) The latest figure moves even further away from the government's inflation target range of only 2% to 4%


Lacson to Duterte: Enough of drug war, focus on economy

Sep 03, 2018 - 1:15 PM

'Ang hinaharap mas malaking problema – economy.... Ang kalampagin naman niya economic managers,' says Senator Panfilo Lacson

Consumers look for a cheaper goods at the Market in Quezon City on Wednesday. August 22, 2018. Photo by Darren Langit/Rappler

Venezuela arrests 131 accused of economic sabotage

Aug 31, 2018 - 3:07 PM

The arrests include 'several managers of large chains' accused of 'speculating and hoarding basic products' that are subject to prices fixed by the government

ECONOMIC SABOTAGE? In this file photo, Venezuelan President Nicolas Maduro holds a press conference at the Miraflores presidential palace in Caracas on August 22, 2017. File photo by Juan Barreto/AFP

[ANALYSIS] Mere hiccups? Let’s be more honest about the economy

Aug 31, 2018 - 11:59 AM

The truth is, we’re living in a sad combo of slowing growth and accelerating prices. Worse, indicators point to harder times ahead.

Venezuela claims 'thousands' of migrants want to come home

Aug 30, 2018 - 9:41 AM

Brazil President Michel Temer has called on 'the international community to adopt diplomatic measures' to halt the 'tragic' exodus of Venezuelans that 'threatens the harmony of practically the entire continent'

Venezuela devalues bolivar by 96% under new rate

Aug 22, 2018 - 2:35 PM

The central bank of the crisis-hit country announces a new exchange rate amid hyperinflation

DEVALUED. Venezuela devalues the bolivar as it deals with an economic crisis. File photo by Federico Parra/AFP

Venezuelan business leaders hit Maduro's new banknotes

Aug 21, 2018 - 11:56 AM

(UPDATED) Alongside the bolivar redenomination, President Nicolas Maduro announces other measures to tackle widespread poverty, including a massive 3,400% wage hike

NEW BILLS. Picture of a new five Bolivar-note (R) and its equivalent in old Bolivar-bills in Caracas on August 20, 2018. Photo by Federico Parra/AFP

Federalism, West Philippine Sea, Donald Trump | Midday wRap

Aug 16, 2018 - 12:19 PM

Watch Rappler’s midday newscast with Margie de Leon

Why natural gas makes sense for Philippine economy

Aug 15, 2018 - 8:42 PM

As the Philippines looks to diversify its energy mix, one source - natural gas - has become increasingly important

Cost of federalism, Sara Duterte, Trump on Harley-Davidson | Evening wRap

Aug 13, 2018 - 10:55 PM

Watch Rappler’s evening newscast with Acor Arceo

Rappler Talk: Making sense of the Philippine economy

Aug 10, 2018 - 3:08 PM

Rappler talks to AJ Montesa of the Action for Economic Reforms and Rappler columnist JC Punongbayan to understand the latest economic data

GDP, West Philippine Sea, Ginebra | Evening wRap

Aug 09, 2018 - 9:19 PM

Watch Rappler’s evening newscast with Acor Arceo

Q2 GDP, Usec Badoy on Uson, UN Chief named | Midday wRap

Aug 09, 2018 - 2:08 PM

Watch Rappler’s midday newscast with Margie de Leon

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

Inflation hits another fresh high of 5.7% in July 2018

Aug 07, 2018 - 9:05 AM

(UPDATED) This is mainly due to prices of food and non-alcoholic beverages, which keep rising

INFLATION. Prices of food and basic commodities soar in July. Photo by Jire Carreon

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

Venezuela loosens grip on currency in bid to ease crisis

Aug 03, 2018 - 8:58 AM

The Constituent Assembly, dominated by President Nicolas Maduro's loyalists, announces the passage of a decree authorizing money exchange operations

CURRENCY. In this file photo, a customer receives money at a currency exchange office in Caracas on February 19, 2015. File photo by Federico Parra/AFP

MISLEADING: Philippines now ‘number one fastest growing economy’

Jul 27, 2018 - 12:20 PM

The thumbnail of the embedded video is a screenshot of GDP figures in a 2013 news report. Nonetheless, a credit ratings firm expects the Philippines to still be 'among the fastest growing economies in the Asia-Pacific region'

PH Economy, Facebook shares, Lake on Mars | Midday wRap

Jul 26, 2018 - 1:10 PM

Watch Rappler’s midday newscast with Margie de Leon

Venezuela to remove 5 zeroes from currency

Jul 26, 2018 - 12:23 PM

The measure, according to Venezuelan President Nicolas Maduro, seeks to 'protect' local currency

HYPERINFLATION. A man counts 1000-Bolivar-bills to buy groceries at the municipal market of Coche, a neighborhood of Caracas, on June 20, 2018. Photo by Federico Parra/AFP

Philippine economy to grow below gov't target – IMF

Jul 25, 2018 - 9:35 PM

The International Monetary Fund expects the Philippines' gross domestic product to expand by 6.7% for 2018 and 2019, below the government's target of 7% to 8%

Moody's: Federalism, 'contentious' policies worry investors

Jul 21, 2018 - 2:18 PM

Moody's Investors Service says the country's 'relatively weak rule of law' and the possible shift to federalism could drag down the economy

#AngMahalNa: Additional fees, price increases burden Filipinos

Jul 20, 2018 - 4:05 PM

Rappler tracks down the latest increases or additional charges and fees that affect and hurt the pockets of Filipinos

Roque counters Pernia: Federalism won't harm budget, economy

Jul 18, 2018 - 2:25 PM

'Our budget would remain the same,' claims Presidential Spokesperson Harry Roque, in response to Socioeconomic Planning Secretary Ernesto Pernia's assertion that a shift to federalism would 'wreak havoc' on the economy

#ThewRap: Things you need to know, July 18, 2018

Jul 18, 2018 - 12:12 PM

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

At least 206 families, 829 individuals evacuees in Barangay Silangan in Quezon City on Wednesday, 18, 2018 who gather at the Barangay covered court for shelter due to continues downpour enhanced by Tropical Depression Henry that left their houses flooded. Photo by DARREN LANGIT

Federalism will ‘wreak havoc’ on Philippine economy – Pernia

Jul 17, 2018 - 3:43 PM

'[The] momentum of infrastructure improvement in the regions is going to be disrupted,' Socioeconomic Planning Secretary Ernesto Pernia says

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

Haiti prime minister resigns after deadly unrest

Jul 15, 2018 - 1:01 PM

The unrest was sparked by the government's plans for major fuel price hikes — 38% for gasoline, 47% for diesel, and 51% for kerosene

RESIGNED. Haitian Prime Minister Jack Guy Lafontant during his speech to the deputies at the interpellation session in Port au Prince, Haiti, July 14, 2018. He confessed to having given earlier in the day his resignation to the President of the Republic who accepted it. Photo by Pierre Michel Jean/AFP

Robredo tells Duterte to fix the economy after ‘incompetent’ remark

Jul 11, 2018 - 6:48 PM

'Ayoko na sana i-dignify pero siguro sabihin ko na lang na imbes na insultuhin ako o ang Diyos, asikasuhin na lang muna ang mga problema ng ating ekonomiya,' Vice President Leni Robredo tells President Rodrigo Duterte

'FIX THE ECONOMY.' Vice President Leni Robredo slams President Rodrigo Duterte for calling her incompetent. File photo by OVP

Foreign direct investments dip by 3.2% in April 2018

Jul 11, 2018 - 8:12 AM

Despite the year-on-year dip, the central bank is optimistic due to 'favorable investor sentiment'

[OPINION] Why inflation is actually at a 9-year high

Jul 10, 2018 - 9:23 AM

The BSP expects inflation to settle in at 4.6% this year, above its 4% upper target. This means we can expect inflation to further increase till the third quarter of 2018 before it subsides.

[EDITORIAL] #AnimatED: ‘Tatak-pagbabago’ ba ng Dutertenomics ang inflation?

Jul 09, 2018 - 9:01 AM

Bolang kristal ba ang kinonsulta ng mga ekonomista ni Duterte?

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

June 2018 inflation soars to 5.2%

Jul 05, 2018 - 9:13 AM

(5TH UPDATE) Inflation climbs to another fresh high, exceeding market expectations and government forecasts

[OPINION] China’s economic time bomb

Jun 30, 2018 - 11:00 AM

There are 3 troubling signs that China is a prime candidate to be the site of the next financial crisis

[OPINION] Is the Philippine economy really 'in the doldrums'?

Jun 28, 2018 - 10:10 AM

The economy is far from stagnant. What's alarming is President Duterte's apparent cluelessness about the signs of trouble and the need to chart a steady course.

Venezuela inflation hits 24,571% – lawmakers

Jun 12, 2018 - 5:00 PM

The country is in the midst of an ever-deepening crisis, with food and medicine in short supply

People buy vegetables at a street stall in Barquisimeto, Venezuela, on May 19, 2018 on the eve of the country's presidential election. Venezuela holds presidential elections on May 20, in which Maduro is seeking a second six-year term.  / AFP PHOTO / Luis ROBAYO