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Philippine exports, imports nosedive in December 2018

Feb 12, 2019 - 4:05 PM

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.

UK posts slowest growth in 6 years as Brexit looms

Feb 11, 2019 - 8:32 PM

(UPDATED) Researchers at the IWH Institute in Halle, eastern Germany say a no-deal Brexit could put 600,000 jobs around the world at risk, with Germany the hardest hit

UK ECONOMY. The skyline of the City of London is pictured on the horizon as people relax in Greenwich park in south-east London on June 26, 2016. File photo by Odd Anderson/AFP

Approved investments hit P97.9 billion in January 2019

Feb 11, 2019 - 12:40 PM

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

IMF warns of global economic 'storm' as growth undershoots

Feb 10, 2019 - 11:00 PM

'The bottom line – we see an economy that is growing more slowly than we had anticipated,' says International Monetary Fund Managing Director Christine Lagarde

Christine Lagarde (R) , Managing Director and Chairwoman of the International Monetary Fund, speaks to journalist Richard Quest, during the opening session of the World Government Summit in Dubai, on February 10, 2019. (Photo by KARIM SAHIB / AFP)

Media made inflation worse? Economic team never flagged it until now

Feb 06, 2019 - 4:05 PM

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

Transparency International slams 'mysterious' Eurogroup

Feb 05, 2019 - 7:06 PM

'For an institution whose decisions have had an impact on the lives of millions of Europeans, there is much about the Eurogroup that is mysterious,' Transparency International says in its report

Inflation slows down further to 4.4% in January 2019

Feb 05, 2019 - 9:01 AM

(UPDATED) The latest inflation figure is closer to the government's target range of 2% to 4%

Feeling the inflation pinch, Filipinos hold back on spending

Feb 04, 2019 - 1:32 PM

TheNerve’s survey results show Filipinos feeling financially worse off in 2018

Eurozone equities falter as Italy enters recession

Feb 01, 2019 - 12:03 AM

In Italy, official data shows it shrank 0.2% in the final quarter of last year after a 0.1% drop in the third quarter. The technical definition of a recession is economic contraction for two quarters in a row.

Reenacted budget for entire 2019? Bad news for economy

Jan 30, 2019 - 5:00 PM

Senate President Vicente Sotto III is proposing a reenacted budget for the whole year, but this would threaten the Philippines' economic growth

Businesses struggle as cracks appear in China's economy

Jan 27, 2019 - 9:30 PM

Private businesses face new hurdles as costs rise and financing becomes harder to come by

This photo taken on January 22, 2019 shows a sales representative waiting for customers in a luxury car showroom in Beijing. - Cracks are opening in China's mighty economy: investors are backing away from deals, factories are moving abroad and companies are shedding jobs.The world's second-largest economy is losing steam, hitting its slowest growth in almost three decades last year, and flagging further in recent months. (Photo by GREG BAKER / AFP)

Economic growth inches up to 6.1% in Q4, but misses 2018 target

Jan 24, 2019 - 10:06 AM

(UPDATED) While the GDP growth in 2018 misses the government's target, it does not come as a surprise to economists

EXPECTED TO MISS. The country's economic growth falls below government's target. Image from Shutterstock

Creation of Bangsamoro region to spur economic growth – NEDA

Jan 22, 2019 - 7:05 PM

Socioeconomic Planning Secretary Ernesto Pernia expects the proposed Bangsamoro Autonomous Region in Muslim Mindanao to boost infrastructure and investments

Inflation was a big story, but many had no idea what it meant

Jan 21, 2019 - 5:37 PM

Try out our inflation calculator to finally understand the jargon and how it affects you

China's economy grew at slowest pace in 28 years in 2018

Jan 21, 2019 - 12:12 PM

The 6.6% growth is above the official target of around 6.5%, but is down from the 6.8% chalked up in 2017, according to the National Bureau of Statistics

This photo taken on April 9, 2018 shows workers transferring soybeans at a port in Nantong in China's eastern Jiangsu province. President Xi Jinping vowed on April 10 to take new steps to open China's economy "wider and wider" amid a broiling trade confrontation with the United States. / AFP PHOTO / - / China OUT

Elections, infra push to boost PH economy in 2019 – First Metro

Jan 15, 2019 - 7:10 PM

First Metro Investment Corporation expects economic growth and lower inflation, but a weaker peso in 2019

U.S. shutdown sends economy into uncharted waters

Jan 13, 2019 - 5:40 PM

The United States government shutdown is squeezing an estimated $1.2 billion a week out of the country's economy, says an analyst

(FILES) In this file photo taken on December 27, 2018,a stop sign is seen near the White House during a government shutdown in Washington, DC. - The Trump administration's paralysis triggered by the shutdown could have unexpected consequences, making economic statistics unclear just as the markets are hyper-reactive to any whiff of uncertainty. On the ninth day of the game of chicken between President Donald Trump and Democrats in Congress, the publication and recording of statistical indicators will be delayed. (Photo by Andrew CABALLERO-REYNOLDS / AFP)

World Bank warns brewing trade storm jeopardizes global economy

Jan 09, 2019 - 3:29 PM

Growth of the world economy is expected to slow to 2.9% this year, and 2.8% in 2020, slightly below the previous forecast

Inflation cools down to 5.1% in December 2018

Jan 04, 2019 - 9:04 AM

(UPDATED) Inflation eases in December amid a sharp drop in global oil prices, higher domestic rice supply, and a slight recovery of the peso

Tokyo stocks dive more than 5% on fears over U.S. economy

Dec 25, 2018 - 9:31 AM

(UPDATED) The Nikkei 225 index dips below the 20,000 level for the first time since September 2017

U.S. stocks dive after brutal holiday-shortened session

Dec 25, 2018 - 8:31 AM

The Dow falls 2.9% to 21,792.20 after its worst week since the 2008 financial crisis

Consumer, gov't spending to lift PH economy in 2019 – PCCI

Dec 22, 2018 - 7:06 PM

The Philippines' largest business group is optimistic that the country's 'resilient' economy will continue to grow in 2019

'RESILIENT' ECONOMY. The Philippines will continue to enjoy a high growth rate in 2019, according to the PCCI. File photo

[ANALYSIS] How rough was 2018 for the PH economy?

Dec 12, 2018 - 12:00 PM

All in all, there’s a sense that the Duterte government brought about needless economic hardships to the Filipino people in 2018

How high inflation exposed cracks in governance

Dec 11, 2018 - 3:40 PM

High, soaring, elevated, skyrocketing. We're running out of synonyms to describe inflation in 2018.

PANOORIN: Ano ang magagawa ng gobyerno laban sa inflation?

Dec 08, 2018 - 12:06 PM

Watch this explainer on how the government could bring down inflation

Inflation eases to 6% in November 2018

Dec 05, 2018 - 9:02 AM

(3rd UPDATE) All regions post slower inflation rates except Central Luzon, which retains its October 2018 rate

PANOORIN: Ano ang katotohanan sa inflation?

Nov 23, 2018 - 4:53 PM

Paano nga ba sinusukat ng gobyerno ang inflation? Gaano kalala ang sitwasyon ngayon, at ano ang mga salik o factor sa likod nito?

PH internet economy to grow from $5B to $21B by 2025 – Google

Nov 20, 2018 - 3:58 PM

Collectively, Southeast Asia's internet economy will grow from $72B to $240B by 2025, according to Google's report


IN CHARTS: Don't credit China for Philippine growth just yet

Nov 20, 2018 - 8:00 AM

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

Japan economy shrinks in Q3 as natural disasters hit

Nov 14, 2018 - 10:48 AM

Gross domestic product for the July-September period has contracted 0.3% from the previous quarter, reversing growth of 0.8% in the April-June period

ECONOMY SHRINKS. Experts say a number of natural disasters in Japan dampened personal consumption, company investment and exports. File photo from AFP

Gulf economy recovering but faces oil volatility – IMF

Nov 13, 2018 - 3:25 PM

The International Monetary Fund urges Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates to expand reforms

Philippine economy slows down to 6.1% in Q3 2018

Nov 08, 2018 - 10:03 AM

(UPDATED) This is lower than the revised 2nd quarter figure of 6.2%

[ANALYSIS] Ease of doing business: Why is the PH rank plummeting?

Nov 08, 2018 - 9:30 AM

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

U.S. midterms: Key factors of the 2018 elections

Nov 07, 2018 - 12:03 AM

Here are the key factors in the battle for political control in Washington and across the country

ISSUES. AFP looks into the key factors in the battle for political control in Washington and across the country. Shutterstock; Trump file photo by Drew Angerer/Getty Images/AFP; Border file photo by Orlando Estrada/AFP; Shooting file photo by Mark Wallheiser/Getty Images/AFP

Inflation steady at 6.7% in October 2018

Nov 06, 2018 - 9:05 AM

(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

[ANALYSIS] The real score on foreign direct investments

Nov 02, 2018 - 10:00 AM

Evidence suggests that ours is a generally healthy economy, posting impressive growth, but carrying some structural flaws

Inflation likely peaked in Q3 2018 – Bangko Sentral

Oct 31, 2018 - 5:55 PM

The Bangko Sentral ng Pilipinas projects inflation in October to settle within 6.2% to 7%

[ANALYSIS] Why is the PH stock market among world’s worst?

Oct 24, 2018 - 9:42 AM

A climbing index signals general optimism among buyers and sellers of stocks, whereas a dropping index signals general pessimism

Trillanes amnesty, effects of inflation, Facebook crackdown in PH | Midday wRap

Oct 23, 2018 - 1:06 PM

Watch Rappler's midday wRap with Bea Cupin

Chinese Q3 growth hits 9-year low as debt, trade row drag

Oct 19, 2018 - 11:14 AM

(UPDATED) Analysts say the slowing growth could prompt an end to Beijing's fiscal prudence

ECONOMY. A couple wearing Qing dynasty style headwear walk with their children in Tiananmen square in Beijing in December 2012. File photo by AFP

Inflation rises to 6.2% in Q3 2018

Oct 19, 2018 - 10:35 AM

(UPDATED) This is beyond the 4.8% to 5.2% range estimated by the government for the entire year

Commonwealth Public Market on Monday, October 08, 2018. Photo by Darren Langit/Rappler

Global trade wars risk 'millions of jobs' – WTO chief

Oct 18, 2018 - 1:01 PM

'A continued escalation of tensions would pose real risks,' says World Trade Organization chief Roberto Azevedo

ROBERT AZEVEDO. World Trade Organization Director-General Roberto Azevedo gestures after he speaks to reporters on February 22, 2017 in Geneva.File photo by Fabrice Coffrini / AFP

U.S. tops global competitiveness rating, despite 'worrying' trends – WEF

Oct 17, 2018 - 10:46 AM

The World Economic Forum uses a new methodology for the 2018 edition of its annual Global Competitiveness Report to reflect shifts in a world increasingly transformed by new, digital technologies

'Window of opportunity narrowing' on global growth – IMF

Oct 13, 2018 - 4:02 PM

The International Monetary Fund also warns that 'everyone is going to suffer' from a trade-and-currency clash between the United States and China, the world's two biggest economies

'Winter is coming,' Indonesian leader warns amid economic gloom

Oct 12, 2018 - 3:08 PM

Joko Widodo's offbeat reference to the wildly popular show draw applause from the audience attending the annual meetings of the International Monetary Fund and World Bank in Bali

'WINTER IS COMING.' Indonesia President Joko Widodo delivers his speech at the International Monetary Fund (IMF) and World Bank annual meetings in Nusa Dua, on Indonesia's resort island of Bali on October 12, 2018. Photo by Sonny Tumbelaka/AFP

Foreign direct investments soar in July 2018 despite economic tensions

Oct 11, 2018 - 9:55 AM

The central bank says the higher foreign direct investment inflows in July reflect the 'continued positive investor sentiment on the Philippine economy'

FAST FACTS: Philippine inflation rate over the years

Oct 10, 2018 - 5:00 PM

In using historical inflation data, the base year of the data should be taken into account

[ANALYSIS] Upper-middle income Philippines by 2019: How true?

Oct 10, 2018 - 10:18 AM

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

What does 10,000,000% inflation look like? See Venezuela

Oct 09, 2018 - 8:27 PM

In 2019 hyperinflation in Venezuela is expected to leave earth's orbit, hitting 10 million percent, a figure so large and improbable, readers of the IMF report had to count the zeroes to make sure they had the correct number

Picture of a new five Bolivar-note (R) and its equivalent in old Bolivar-bills in Caracas on August 20, 2018. Caracas is issuing new banknotes after lopping five zeroes off the crippled bolivar, casting a pall of uncertainty over businesses and consumers across the country. / AFP PHOTO / Federico PARRA

How to be a marketer in an experience economy

Oct 09, 2018 - 6:18 PM

For Bozoma St. John, chief marketing officer at Endeavor and DigiCon 2018 keynote speaker, it’s by connecting to consumers through feelings