growth - updates

Rappler's latest stories on growth

ARTICLE FINDER

[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

The cold will inherit the Earth

May 12, 2019 - 11:00 AM

It is not 'wealthy country warming' that is happening, but global warming. We all live in a planet that has been warming.

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

Philippine GDP growth drops to 4-year low in Q1 2019

May 09, 2019 - 10:03 AM

(3rd UPDATE) The Philippines posts only 5.6% growth in the 1st quarter of 2019, as the government's infrastructure projects hit pause due to the delayed national budget approval

Farmers' preferences to be considered in agriculture procurement

May 06, 2019 - 8:35 PM

Agriculture Secretary Emmanuel Piñol says reforming the procurement process for farmers will result in better bidding and production

RIGHT FIT. Choosing what farmers prefer during the procurement process will ensure better production, Agriculture Secretary Emmanuel Piñol said. Photo by Darren Langit/Rappler

IMF cuts global growth estimate to 3.3% as world economy loses steam

Apr 09, 2019 - 9:23 PM

The IMF's World Economic Outlook once again downgrades global growth to 3.3% for 2019, two tenths lower than the global crisis lender forecast in January and 4 tenths lower than October

IMF. In this file photo taken on September 4, 2018, the logo of the International Monetary Fund is seen at the IMF headquarters in Washington, DC. File photo by Jim Watson/AFP

World Bank cuts 2019 Philippine growth outlook again

Apr 01, 2019 - 2:30 PM

The World Bank says the Philippines' delayed 2019 budget and El Niño are likely to hurt economic growth

OECD cuts global growth forecast over trade, Brexit uncertainty

Mar 06, 2019 - 6:40 PM

(UPDATED) The Organisation for Economic Co-operation and Development lowers its forecast to 3.3% for this year, down from the 3.5% it predicted in November

FORECAST. The Organisation for Economic Co-operation and Development cuts its global growth forecast for this year to 3.3%. Image via Shutterstock

Italian unions lead mass demonstration for economic growth

Feb 09, 2019 - 11:16 PM

'The government must change direction, we already have one foot in recession,' says Annamaria Furlan, the head of Italy's second-biggest union

PROTEST. People take part in a demonstration of the CGIL, CISL and UIL trade unions against the government's economic policy on February 9, 2019 in downtown Rome. Photo by Andreas Solaro/AFP

Improve agriculture sector to keep inflation low – economic experts

Feb 05, 2019 - 2:10 PM

The Foundation for Economic Freedom calls on the Duterte administration to boost farm productivity, which would aid in easing inflation

Busy Farmers in North of Manila in Pugo La Union get hope after Finance Secretary Carlos Dominguez said "€We will focus on agriculture in the coming years. We know that the major reason for inflation this year has been the logistics problems we have had in agriculture, as well as production problems."€ Photo by Mau Victa/Rappler  Busy Farmers in North of Manila in Pugo La Union get hope after Finance Secretary Carlos Dominguez said “We will focus on agriculture in the coming years. We know that the major reason for inflation this year has been the logistics problems we have had in agriculture, as well as production problems.” Photo by Mau Victa/Rappler

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

Agriculture grows a meager 0.56% in 2018, misses target

Jan 23, 2019 - 3:40 PM

The 2018 growth rate of the agriculture sector is far below the target of 4%

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

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


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%

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

'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

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

Poor agricultural growth? Increase our budget – Piñol

Aug 14, 2018 - 7:35 PM

'You cannot squeeze milk from a thin and hungry cow!' says Agriculture Secretary Emmanuel Piñol

GROWTH. Agriculture Secretary Emmanuel Piñol appeals for a higher budget for his agency. Photo by Darren Langit


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

NEDA hits dismal Q2 agriculture output

Aug 09, 2018 - 1:11 PM

Look more closely into rice cartels and smuggling, Socioeconomic Planning Secretary Ernesto Pernia urges the Department of Agriculture

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

Why 'gifted' is overrated

Jul 15, 2018 - 11:00 AM

Science bears out that success does not lie in passion or interest, but in how you view passion

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

Agriculture department blames banks for poor growth

May 28, 2018 - 10:08 AM

Bangko Sentral ng Pilipinas (BSP) data reveals loans extended toward agriculture and agrarian reform are nowhere near what the law mandates

FARMERS. A community finishes a palay season after harvest in Pangasinan. Photo by Mau Victa/Rappler

#ThewRap: Things you need to know, May 10, 2018

May 10, 2018 - 10:42 AM

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

VOTED. Former Malaysian prime minister and opposition party Pakatan Harapan's candidate Mahathir Mohamad shows his inked finger as he casts his vote at a polling station during the 14th general elections in Alor Setar on May 9, 2018.​ Photo by Jewel Samad/ AFP

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

The problem with 'we' is 'they'

Apr 29, 2018 - 11:00 AM

Being with like-minded people is not always good for your growth

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

Learn how to think like a growth manager

Mar 22, 2018 - 5:56 PM

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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

To baldly grow: Japan scientists regrow hair at record rate

Feb 08, 2018 - 1:10 PM

The silicone used in the study, dimethylpolysiloxane, is reportedly used by McDonald's in its oil fryers, but consuming the substance alone (as with french fries) offers no fringe benefits

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

House urges Duterte to exempt BIMP-EAGA from travel tax

Dec 22, 2017 - 5:44 PM

House Resolution 1463 seeks to grant the travel tax exemption 'to help enhance trade, tourism, and investments in the said area'

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

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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