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Inequality, inflation hurting pandemic recovery: IMF

Chris Stein, Agence France Presse
Posted at Oct 05 10:42 PM

These include a widening divergence between rich countries and poor countries in the trajectories of their recovery from the pandemic. Read more »

Philippines urged to sign RCEP regional trade treaty

Bruce Rodriguez, ABS-CBN News
Posted at Sep 22 08:19 PM

The Philippines should quickly ratify the RCEP free trade deal as it may lose out on its economic benefits, several experts said on Wednesday. Read more »

PH borrowings to drop to P2.25T in 2022: Finance chief

ABS-CBN News
Posted at Aug 26 03:49 PM

The Philippine government’s borrowings will drop in P2.25 trillion in 2022 from the P3 trillion expected this year. Read more »

Philippines' Jan-July budget gap at P837.3 billion

ABS-CBN News
Posted at Aug 24 11:02 AM

The Philippines posted a budget deficit of P121.2 billion in July bringing the total budget gap from January to July to P837.3 billion. Read more »

Diokno says 'no urgency' for monetary action

ABS-CBN News
Updated as of Aug 23 11:51 AM

The revised and lower economic growth target of 4 to 5 percent this year is "doable" despite the restrictions imposed in Metro Manila to mitigate the spread of COVID-19, Bangko Sentral ng Pilipinas Gov. Benjamin Diokno said Monday. Read more »

Road to economic recovery 'remains bumpy,' says BSP

ABS-CBN News
Posted at Aug 19 09:39 AM

Although on its way to bounce back, the path to economic recovery remains "bumpy," the Bangko Sentral ng Pilipinas said late Wednesday. Read more »

Local developer sees Davao keeping fast growth

Bruce Rodriguez, ABS-CBN News
Posted at Aug 18 07:23 PM

A local developer said Davao region's growth is poised to continue outpacing the national average. Read more »

Economy 'unlikely' to grow by 6 to 7 pct this year

ABS-CBN News
Updated as of Aug 18 01:04 PM

The Philippine economy is "unlikely" to meet the government's growth target of 6 to 7 percent this year due to the recent COVID-19 surge and supply chain disruptions, among others, Oxford Economics said Wednesday. Read more »

The Infrastructure Illusion

Dean Dela Paz
Posted at Aug 18 02:10 AM

To establish infrastructure accomplishments against GDP in time for 2022 is illusional. Note the actual data. Read more »

Japan's economy grew 0.3 percent in Q2

Agence France-Presse
Posted at Aug 16 08:47 AM

Japan's economy grew 0.3 percent in the three months to June, slightly more than expected despite a surge in virus cases and new restrictions, data showed Monday. Read more »

Ekonomiya ng Pilipinas nakabangon sa Q2 ng 2021

ABS-CBN News
Posted at Aug 14 07:53 PM

Pero ayon sa mga opisyal hindi ibig sabihin nito na tuluyan nang nakabawi ang ekonomiya muli mula sa pandemya. Read more »

Fitch Solutions downgrades PH growth outlook

ABS-CBN News
Updated as of Aug 14 11:19 PM

Fitch Solutions on Thursday downgraded its growth forecast for the Philippines to 4.2 percent from an earlier outlook of 5.3 percent saying the country continues to struggle amid new COVID-19 outbreaks Read more »

Singapore lifts GDP forecast as export markets get vaccine boost

Agence France-Presse
Posted at Aug 11 01:54 PM

Singapore on Wednesday upgraded its growth forecast for this year as the trade-reliant economy's key export markets pick up strength thanks to rapid coronavirus vaccine rollouts. Read more »

Palace warned against taking credit for GDP growth

RG Cruz, ABS-CBN News
Posted at Aug 10 11:44 PM

MANILA - Gabriela Party-list Rep. Arlene Brosas warned the Duterte administration against claiming credit for the 11.8 percent growth in the country’s gross domestic product in the second quarter of 2021, saying it had nothing to do with the government’s efforts. Read more »

PH economy emerges from recession

ABS-CBN News
Posted at Aug 10 10:40 PM

The Philippines emerges from a pandemic-induced recession after posting a nearly 12 percent GDP growth in the second quarter of the year. Read more »

Ekonomiya nakabawi na ba sa hagupit ng pandemya?

ABS-CBN News
Posted at Aug 10 08:55 PM

Umaasa ang lahat na hanggang 2 linggo lang ang itatagal ng lockdown at nang muling sumigla ang ekonomiya. Read more »

PH recession ends with growth spike, but full recovery far off

Warren de Guzman and Edson Guido, ABS-CBN News
Updated as of Aug 10 04:50 PM

Economic growth in the Philippines spiked to 11.8 percent in the second quarter of 2021, in spite of a return to tighter quarantine restrictions amid the worst spike in COVID-19 cases yet in the country. Read more »

Philippine economy grows 11.8 percent in Q2

ABS-CBN News
Updated as of Aug 10 03:14 PM

The Philippine economy emerged from recession after its gross domestic product grew by 11.8 percent in the second quarter, the state statistics bureau said Monday. Read more »

PH shares rally after revision of PH's Q1 GDP print

ABS-CBN News
Posted at Aug 09 10:28 PM

Philippine shares broke a two-day losing streak as investors cheer an upward revision in the country's first quarter GDP print. Read more »

Q1 growth rate revised to -3.9 pct from -4.2 pct

ABS-CBN News
Updated as of Aug 09 02:03 PM

The Philippines' gross domestic product growth rate was revised to -3.9 percent from -4.2 percent reported earlier in the year, the state statistics bureau said on Monday. Read more »