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Asia-Pacific 2019 growth to slow to 5.8 pct on trade tensions - World Bank

Reuters
Posted at Oct 10 02:59 PM

Economic growth in the region is forecast to slip to 5.8 percent in 2019 from 6.3 percent in 2018.   Read more »

6 percent economic growth this year 'reachable': Pernia

ABS-CBN News
Updated as of Sep 27 04:36 PM

In an interview with ANC, Socioconomic planning secretary Ernesto Pernia said household consumption and the downward inflation trend could propel economic growth to 6 percent, the low-end of the government’s target of 6 to 7 percent.    Read more »

PH socioeconomic planning chief sees faster economic growth in Q3 2019

ABS-CBN News
Posted at Sep 19 11:33 PM

The Philippines' top economist remains optimistic the country will grow faster in the second half of 2019. Read more »

Indonesian leader pledges to move capital city, boost economy

Agence France-Presse
Posted at Aug 16 06:23 PM

JAKARTA - Indonesian President Joko Widodo said Friday he would press on with plans to move the nation's capital and roll out measures to kickstart Southeast Asia's biggest economy as it feels the sting of slowing global growth. Read more »

Dissecting Data: Behind Philippines' slower than expected Q2 economic growth

ABS-CBN News
Posted at Aug 08 06:25 PM

The Philippine economy grew 5.5 percent in the second quarter compared to 6.2 percent in the same period last year. Read more »

Dissecting Data: Cracks in PH economy

ABS-CBN News
Posted at Jul 19 06:40 PM

The economy slowed down for 2 straight years due to weaker consumption and a slowdown in remittances and the business process outsourcing sector, among others. Read more »

PH economy and the export sector

ABS-CBN News
Posted at Jul 19 04:21 PM

The Philippine government remains keen on maintaining its growth projection for the economy and that includes meeting targets for the export industry. Read more »

Global economy cooling, coordinated stimulus may be needed -IMF

Jason Lange, Reuters
Posted at Apr 10 07:24 AM

The global economy is slowing more than expected and a sharp downturn could require world leaders to coordinate stimulus measures, the International Monetary Fund said on Tuesday as it cut its forecast for world economic growth this year. Read more »

PH among nations 'more resilient' to US-China trade war: Moody's

ABS-CBN News
Updated as of Feb 15 10:46 AM

Public spending and consumption are the 2 domestic drivers of the country's gross domestic product (GDP) as compared to Thailand, Malaysia or Singapore, said vice president and senior sovereign risk analyst of Moody’s Investor Service Christian de Guzman. Read more »

Pernia confident PH will become upper middle income economy in 2019

ABS-CBN News
Posted at Jan 28 11:19 PM

Socioeconomic planning secretary Ernesto Pernia is confident the Philippines will become an upper middle income economy this year, even as the World Bank warned of global headwinds to growth.  Read more »

World Bank keeps 6.5 percent growth forecast on Philippines

ABS-CBN News
Posted at Jan 28 10:39 AM

Its estimates “are holding firm” despite uncertainties as the East Asia Pacific region shows “sustained and prolonged” growth, said World Bank senior economist Andrew Mason.  Read more »

International tourist arrivals up 6 pct to 1.4 billion in 2018: UN

Agence France-Presse
Updated as of Jan 22 08:04 AM

The number of international tourist arrivals rose by 6 percent last year to 1.4 billion, according to an estimate published Monday by the World Tourism Organization.   Read more »

Dissecting Data: PH posts 'respectable' economic growth in 2018

ABS-CBN News
Posted at Dec 24 08:26 AM

The Philippine economy posted a slower but "respectable" growth rate in the third quarter of 2018 at 6.1 percent from 6.2 percent in the second quarter, Socioeconomic planning secretary Ernesto Pernia has said. Read more »

Robust state, consumer spending to sustain PH economic growth in 2019: PCCI

ABS-CBN News
Posted at Dec 22 02:35 PM

The Philippines' largest business group is optimistic that economic growth will accelerate next year on the back of robust government and consumer spending. Read more »

World Bank revises 2018, 2019 growth forecasts for the Philippines

ABS-CBN News
Posted at Dec 21 12:41 PM

Projections for the Philippines were updated to 6.4 percent from 6.5 percent for 2018, and 6.5 percent from 6.7 percent in 2019, the World Bank said in a statement. Read more »

Fitch keeps PH investment grade rating but lowers economic growth forecast

ABS-CBN News
Updated as of Sep 26 12:52 PM

Fitch has lowered its growth forecast for 2018 ranging from 6.5 to 6.6 percent, Read more »

ADB revises Philippine growth outlook, expects pick up in 2019

ABS-CBN News
Posted at Sep 26 11:08 AM

The ADB revised its Philippine growth forecast to 6.4 from 6.8 percent for 2018 and 6.7 from 6.8 percent in 2019. Read more »

Dissecting Data: What's behind the country's slower economic growth?

ABS-CBN News
Updated as of Sep 05 02:19 PM

The Philippine economy grew slower in the second quarter of 2018 at 6.0 percent, its slowest since 2015. But economic managers said the country is still among the fastest growing economies in Asia.  Read more »

BSP raises inflation forecast for 2018, 2019

ABS-CBN News
Updated as of Aug 09 08:48 PM

The BSP raised its inflation forecast for this year to an average of 4.9% from 4.5% announced in June.  Read more »

Ekonomiya lumago sa unang 3 buwan ng 2018

ABS-CBN News
Updated as of May 12 02:11 AM

Mula Enero hanggang Marso ng 2018, lumago ang ekomoniya ng 6.8 porsiyento, gaya ng inaasahan ng ilang economic analyst. Read more »