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World Bank sees 6.7% GDP growth this year

THE WORLD BANK has raised its economic growth forecast for this year on the back of upbeat expansion in the second and third quarters. The...

Exports up 6.6% in October, top target

Merchandise exports grew by 6.6% to $5.366 billion in October, bringing total exports on track to beat the official target, data from Philippine Statistics...

Philippines moves further up investment grade

By Melissa Luz T. Lopez Senior Reporter THE PHILIPPINES bagged a credit rating upgrade from Fitch Ratings on the back of continued solid economic growth, supported...

ESCAP cuts Philippine GDP growth projections

THE UNITED NATIONS’ (UN) regional development arm has lowered its Philippine economic expansion forecasts for 2017 and 2018, even as the country will still...

IMF sees PHL credit rise easing

CREDIT GROWTH in the Philippines may slow next year, an official of the International Monetary Fund (IMF) said, with such deceleration expected to allay...

PHL economy poised to sustain growth momentum

By Melissa Luz T. Lopez, Senior Reporter THE Philippine economy will maintain an above-6% expansion in 2018 supported by “broad-based” growth drivers, a local think...

Economic expansion in Q2 faster than initially estimated — PSA

THE PHILIPPINE ECONOMY in the second quarter grew at a faster pace than previously reported, the Philippine Statistics Authority (PSA) said a day before...

OECD sees faster 2nd half PHL growth

By Elijah Joseph C. Tubayan Reporter PHILIPPINE gross domestic product (GDP) growth should pick up slightly this semester from the first half’s 6.45% average on the...

Poll bares expectation of faster growth

By Lourdes O. Pilar Researcher ANALYSTS expect the country’s overall economic growth to have stayed above six percent last quarter on the back of strong domestic...

FDI, trade, factory data pull Q3 GDP growth in opposite directions

By Elijah Joseph C. Tubayan, Reporter, Jochebed B. Gonzales, Senior Researcher, and Minde Nyl R. dela Cruz THE GOVERNMENT on Friday released foreign investment, trade...

DoF confident infra will sustain 7% GDP growth

THE GOVERNMENT is confident the economy will sustain a 7% growth rate over the medium term, the Finance department said. “The 6.5% growth for the...

Think tank flags ‘political uncertainty’

“POLITICAL UNCERTAINTY” in the Philippines could make investors think twice about placing bets here, in turn weighing on overall growth prospects, a London-based research...

UN report sees better prospects for PHL

THE PHILIPPINES was one of Asia’s “rising stars” in attracting foreign direct investments (FDI) last year and is among economies “expected to enjoy significantly...

FMIC-UA&P report sees 6.5% Q3 GDP growth

ECONOMIC GROWTH likely at least sustained in the third quarter the pace clocked in the preceding three months, on the back of strong household...

Investor confidence ‘strong’ — IMF

By Melissa Luz T. Lopez Senior Reporter INVESTOR SENTIMENT remains favorable for the Philippines despite increased political noise, an official of the International Monetary Fund (IMF)...

Philippines faces ‘encouraging’ conditions — BSP

A PICKUP in global economic expansion should be “encouraging” for emerging markets like the Philippines, the central bank chief said in a recent speech,...

IMF, AMRO see slower PHL growth for this year

THE PHILIPPINES will likely remain a growth leader in Southeast Asia, the International Monetary Fund (IMF) and regional think tank ASEAN+3 Macroeconomic Research Office...

ADB says gov’t on ‘right track,’ keeps Philippine GDP forecasts

By Elijah Joseph C. Tubayan Reporter THE GOVERNMENT is on track as it pushes tax reform and infrastructure development, the Asian Development Bank (ADB) said in...

Foreign chambers pitch reforms to Duterte gov’t

By Elijah Joseph C. Tubayan Reporter FOREIGN BUSINESS chambers in the country yesterday set the tone for engagement with the over one-year-old government of President Rodrigo...

FMIC, UA&P expect economic growth to pick up this semester

ECONOMIC GROWTH will likely pick up this semester as exports have so far maintained a double-digit pace of increase and as government starts more...

Companies bullish on business and economy

TOP BUSINESSMEN remain confident about their companies’ prospects in a fast-growing economy, according to results of a survey conducted by Isla Lipana & Co./PwC...

Malaysian debt rater upgrades Philippines’ credit outlook

A MALAYSIAN debt watcher has upgraded the Philippines’ credit outlook to “positive” from “stable” in the face of strong economic growth, rising foreign investment...

BSP unfazed by current account deficit

THE PHILIPPINES will maintain a modest current account deficit that is unlikely to hit alarming levels, with the component trade gap expected to “correct”...

P900-billion of goods smuggled in 2011-15 – study

SMUGGLED GOODS worth as much as P900 billion entered the Philippines in a span of five years, a study by the University of Asia...

Contrast

People living in a settlement walk about, as the skyline of Manila's financial district is seen in the background, on August 17, 2017. The Philippine...

IMF to check PHL economic health as it raises SE Asia...

By Maria Eloisa I. Calderon Editor-at-Large KUALA LUMPUR -- A team from the International Monetary Fund (IMF) is visiting the Philippines this week for an annual...

How do you add $28 trillion to the global GDP?Harness the...

By Dinna Louise C. Dayao What would happen if women truly held up half the sky? The world would be richer by $28 trillion in...

Tourism’s economic contribution marks new milestone in 2015

Philippine tourism became more fun in 2015, as its contribution to the economy breached a trillion pesos to hit its highest in the final...

Business expectations survey

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Estimated growth rates of Southeast Asian countries in 2016

Below are the Asian Development Bank’s GDP growth projections for Southeast Asian countries. The Philippines is poised to expand faster than regional averages in...

Good times, bad times in Philippine economy

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Gross domestic product growth, developing Asia

>> Related story: Below-6% PHL growth still fast in Asia

Economic growth projections from education reforms

Focusing on the quality of education could have more impact than increasing the number of years pupils spend in school. From the Asian Development Bank's...