Economic Growth

7 Nov 2024

1:09PM

PH economy slowed to 5.2% in Q3 as El Niño, typhoons slam agri, industry, and services

Looking forward, NEDA Secretary Balisacan is optimistic about a fourth quarter recovery, driven by holiday spending, stable inflation, and lower interest rates.

7 Nov 2024

8:09AM

ASEAN ‘rising star’ Philippines can become Asia’s ‘superstar’, says HSBC

HSBC Philippines head of markets and securities services Corrie Purisima shared insights from HSBC Global Research, which projects the Philippine GDP to grow by 6.7 percent by 2026, making it one of the region’s fastest-growing economies.

16 Oct 2024

8:59AM

Harris or Trump won’t change course, renowned PH economist predicts China exit, key growth areas

By: Miguel R. Camus

Villegas foresees manufacturing moving from China to allies like the Philippines, with the Luzon Economic Corridor leading growth.

3 Oct 2024

3:47PM

PH economy steady as Asean+3 growth outlook is trimmed on China, Vietnam weakness

Risks loom on the horizon, particularly regarding potential US-China trade tensions, protectionist policies post-US elections, and market volatility.

16 Jul 2024

12:16PM

‘Higher-for-longer’ US interest rates may hurt ASEAN+3 economies — regional research group

The economies of Southeast Asia, China, Japan and Korea are facing new challenges as expectations of “higher-for-longer” U.S. interest rates impact regional currencies and asset markets, the ASEAN+3 Macroeconomic Research Office (AMRO) said on Tuesday.

13 Jul 2024

5:00PM

Marcos’ plan to sustain PH growth: 185 infrastructure deals worth P9.5T

The government’s ambitious infrastructure rollout program of highways, roads, bridges and flood control projects will help ensure that the Philippine economy will grow by an average of 5-6% annually under the Marcos administration, the head of the National Economic and Development Authority said.