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IMF raises growth outlook for PH in 2020 to 6.3 percent

ABS-CBN News
Posted at Nov 18 10:49 PM

The International Monetary Fund forecasts quickening economic growth for the Philippines, but only if it stays the course on structural reforms, such as rice tariffication, and if the 2020 national budget gets passed on time. Read more »

Study: IT-BPM industry's 2022 growth goals out of reach

ABS-CBN News
Posted at Nov 12 11:01 PM

A dim growth outlook for the IT and business process management industry in the Philippines. Read more »

Bangko Sentral ends interest rate, reserve requirement cutting for 2019

ABS-CBN News
Updated as of Nov 04 02:55 PM

The central bank will "pause for a while" after slashing the benchmark interest rate by 75 basis points, bringing it to 4 percent, and reducing the reserve requirement ratio for banks to 14 percent, Diokno told ANC. Read more »

PH inflation, GDP figures due out next week

ABS-CBN News
Posted at Nov 01 11:08 PM

Here at home, investors brace for a data-heavy week ahead with inflation and economic growth figures all set to be released. Read more »

2nd tax reform, budget delay among factors behind lower growth forecasts for PH

ABS-CBN News
Posted at Oct 28 11:44 PM

Despite multiple downgrades in the Philippine growth outlook for 2019, at least one economist is optimistic the country can still reach the lower end of government's target growth range. Read more »

BSP cuts reserve requirement ratio by another 100 basis points

ABS-CBN News
Posted at Oct 26 12:10 AM

Despite lowered growth outlooks and muted money supply growth, the Philippine central bank is confident the country won't miss its growth target for 2019. Read more »

[OPINION] The abuse of space: Manila’s 1943 ‘Nyoka’ moment

Buddy Gomez -- Cyberbuddy
Posted at Oct 18 04:51 PM

Must Metro Manila await the return of Nyoka? Read more »

IMF warns global outlook 'precarious,' no room for policy mistakes

Heather Scott, Agence France-Presse
Posted at Oct 15 10:31 PM

The world economy is slowing to its weakest pace since the global financial crisis, as the US-China trade war undercuts business confidence and investment, the IMF said Tuesday. Read more »

Competition commission pushes for creation of 'National Competition Policy'

ABS-CBN News
Posted at Oct 10 10:49 PM

The World Bank slashed its growth outlook for the Philippines, citing lack of competition as one of the reasons. The Philippine Competition Commission is already seeking ways that will help address the problem. Read more »

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 »

World Bank: PH to miss 2019 growth target

Gillan Ropero, ABS-CBN News
Updated as of Oct 10 06:15 PM

The World Bank said Thursday it lowered its growth forecasts for the Philippine economy, citing the delayed passage of the 2019 national budget and Philippine government's spending ban on new projects before the May midterm elections. Read more »

US economists more pessimistic, citing trade as major risk: survey

Agence France-Presse
Posted at Oct 07 10:10 PM

Economists have become more concerned about US growth prospects, citing trade friction as the major worry, but recession risks have receded slightly, according to a survey released Monday. 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 »

ADB lowers PH's growth outlook for 2019, 2020

ABS-CBN News
Posted at Sep 25 11:47 PM

The Asian Development Bank lowered its growth outlook for the Philippines for 2019 and 2020. Read more »

BSP governor signals lower 2019 inflation forecast despite various risks

ABS-CBN News
Posted at Sep 25 11:41 PM

The Bangko Sentral ng Pilipinas is confident inflation will remain subdued despite external and domestic risks.  Read more »

ADB lowers growth outlook for Philippines amid slower spending

ABS-CBN News
Posted at Sep 25 03:10 PM

ADB now sees the Philippines growing at just 6 percent this year, down from its 6.2 percent outlook in July and 6.4 percent April.  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 »

US economists expect recession in 2020 or 2021: survey

Agence France-Presse
Posted at Aug 19 08:09 PM

A majority of economists expect a US recession in the next two years, but have pushed back the onset amid Federal Reserve actions, according to a survey released Monday. 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 »

REITs seen set for take off with regulations in place

ABS-CBN News
Posted at Aug 15 04:10 PM

Real Estate Investment Trusts or REITs are poised to take off this year with regulators set to approve implementing rules as early as September, Philippine Stock Exchange Director Vivian Yuchengco says. For real estate services firm, JLL Philippines, this will help spur investment activity in the property sector. Read more »