gdp-growth | ABS-CBN News

Philippine economic growth likely hit target of 7.5 percent in 2022: economist

ABS-CBN News
Posted at Jan 25 11:33 AM

The Philippine economic growth could have reached the target of 7.5 percent in 2022, with the fourth quarter growth pegged at 6.8 percent, according to Security Bank AVP and Chief Economist Dan Roces. Read more »

Philippine economy seen to grow by 5.5 pct in 2023

ABS-CBN News
Posted at Jan 11 11:07 AM

The Philippine economy is seen to grow by 5.5 percent this year as laggard industries during the pandemic continue to pick up, an economist said. Read more »

NEDA chief says 2022 GDP growth may exceed target

ABS-CBN News
Posted at Dec 19 11:09 PM

The Philippine government’s chief economist said the Marcos Jr. administration may exceed the government’s growth target this year. Read more »

PH somewhat 'insulated' from global recession risks: Manulife

Jessica Fenol, ABS-CBN News
Posted at Dec 19 02:29 PM

The Philippines is somewhat insulated from a looming global recession due to its domestic-driven economy, Manulife's Sug Trinh said. Read more »

Maharlika fund should not be gov't priority: Nomura economist

Jekki Pascual, ABS-CBN News
Posted at Dec 09 04:22 PM

A sovereign wealth fund should not be the priority of the government given challenging global economic conditions and fiscal headwinds, Nomura Chief ASEAN Economist Euben Paracuelles said on Friday. Read more »

[OPINION] Household spending and the truth behind GDP

Dean dela Paz
Posted at Dec 01 02:59 AM

This is what is meant by non-inclusive growth where the majority are essentially alienated from glowing productivity metrics. Read more »

PH second quarter GDP growth revised higher to 7.5 pct

ABS-CBN News
Posted at Nov 09 12:22 PM

The Philippines' second quarter GDP growth was revised upward to 7.5 percent from 7.4 percent, the state statistics bureau said on Wednesday. Read more »

Strong rebound to usher 6.5 pct economic growth: ADB

ABS-CBN News
Posted at Sep 21 10:49 AM

Strong rebound from the pandemic will support the Philippine economy's projected growth of 6.5 percent in 2022, the ADB said. Read more »

[OPINION] Politicizing GDP growth

Dean dela Paz
Posted at Sep 08 02:53 PM

Given the deepest pits from which GDP fell, discern now how all three metrics are woven to politicize otherwise apolitical numbers. Read more »

PH first quarter GDP slightly lowered to 8.2 percent

ABS-CBN News
Posted at Aug 08 12:36 PM

The Philippines' first quarter GDP growth rate has been slightly lowered to 8.2 percent from 8.3 percent, the Philippine Statistics Authority said Monday. Read more »

DBCC further narrows 2022 PH economic growth target

ABS-CBN News
Posted at Jul 08 08:51 PM

Philippine economic managers on Friday said they remain optimistic on growth despite further narrowing the target for 2022. Read more »

NEDA's Balisacan: Second time around

Art Fuentes, ABS-CBN News
Posted at Jun 30 04:11 PM

Incoming Socioeconomic Planning Secretary Arsenio Balisacan will need to steer an economy that appears on the way to recovery but is facing both old and new risks to growth. Read more »

Diokno says 7 pct growth possible despite uncertainties

Jekki Pascual, ABS-CBN News
Posted at Jun 21 07:31 PM

Outgoing BSP Governor Benjamin Diokno the Philippines’ gross domestic product can grow 7 percent this year despite the uncertainties hounding the global economy. Read more »

Next DOF chief optimistic of economy despite headwinds

Jessica Fenol, ABS-CBN News
Updated as of May 27 11:07 AM

BSP Governor Benjamin Diokno, who is also the incoming finance chief, is not worried about the national debt due to the country's stronger economy. Read more »

'Too low for too long': Analyst backs interest rate hike in May

ABS-CBN News
Updated as of May 13 11:47 AM

It would be "wise" for the BSP to implement an interest rate hike in May, BPI lead economist Jun Neri said. Read more »

PH economy expands 8.3 pct in first quarter of 2022

ABS-CBN News
Updated as of May 12 08:41 PM

The Philippine economy continued to expand at a fast pace in the first three months of the year, the state statistics bureau said Thursday. Read more »

Philippine economy seen to grow by 6 pct in 2022: ADB

ABS-CBN News
Posted at Apr 06 09:03 AM

The Philippine economic growth is seen to gain pace in the next few years due to rising domestic investment and consumption, among others, the Asian Development Bank said Wednesday. Read more »

THE DAY IN PHOTOS: January 27, 2022

ABS-CBN News
Posted at Jan 27 11:58 PM

Here are the day's top stories in photos. Read more »

PH economic growth exceeds target in 2021

Mark Demayo, ABS-CBN News
Posted at Jan 27 05:36 PM

Construction work is underway for a commercial establishment in Quezon City on Thursday Read more »

PH Q4 prospects 'looking good' says analyst

ABS-CBN News
Posted at Nov 10 09:04 PM

IHS Markit Asia-Pacific Chief Economist Rajiv Biswas says Philippine growth for the fourth quarter is looking good and will be more competitive in manufacturing as companies diversify away from China. Read more »