philippine-economy | ABS-CBN News

Karding unlikely to cut economic growth for 2022: Balisacan

ABS-CBN News
Updated as of Sep 27 02:33 PM

The country's economic growth target for the year remains achievable despite the damage caused by Super Typhoon Karding, Socioeconomic Planning Secretary Arsenio Balisacan said Tuesday. Read more »

IMF cuts Philippine growth forecast as rates rise

Warren de Guzman, ABS-CBN News
Posted at Sep 26 06:28 PM

The International Monetary Fund has reduced its growth outlook for the Philippines to 6.5 percent, from 6.7 percent. Read more »

ALAMIN: Mga tinalakay ni Marcos sa UN speech

Pia Gutierrez, ABS-CBN News
Updated as of Sep 21 07:30 PM

Sa unang pagkakataon, humarap sa world stage si Pangulong Ferdinand Marcos Jr. para sa kaniyang talumpati sa United Nations General Assembly. Read more »

PH on track towards upper middle class status by next year: Marcos

Pia Gutierrez, ABS-CBN News
Updated as of Sep 21 12:52 PM

The Philippines is on track to achieve upper middle-income status by 2023, President Ferdinand Marcos Jr said Tuesday. Read more »

Young & migrant workers reason for PH optimism — Marcos

John Gabriel Agcaoili, ABS-CBN News
Updated as of Sep 20 02:53 PM

Marcos said the Philippines' labor and economic manpower is the country's 'greatest asset.' Read more »

[OPINION] Subsidies and the Hood Robin Economy

Dean dela Paz
Posted at Sep 14 11:48 PM

So, who really benefits from subsidies? 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 »

Makati Business Club launches 'Economy Dashboard'

ABS-CBN News
Posted at Aug 18 11:54 AM

The Makati Business Club on Thursday announced the launch of the MBC’s Economy Dashboard. Read more »

Philippine economy grows 7.4 percent in second quarter

ABS-CBN News
Updated as of Aug 09 02:27 PM

The Philippine economy continues its rebound, growing 7.4 percent in the second quarter, the state statistics bureau said on Tuesday. Read more »

FVR brought the best out of everyone: ex-Cabinet member

ABS-CBN News
Updated as of Aug 01 05:15 PM

A multitasker with a legendary work ethic, former President Fidel V. Ramos' leadership style was such that he brought out the best in everyone, his former Socioeconomic Planning Secretary Cielito Habito said Monday. Read more »

[OPINION] Productivity, not wealth

Dean dela Paz
Posted at Jul 28 08:46 AM

Real GDP remains diminished by increasing unemployment, poor wages, high prices and low manufacturing and agricultural productivity. Read more »

PH fully prepared to address headwinds, sustain robust economy: Diokno

Jessica Fenol, ABS-CBN News
Updated as of Jul 26 11:14 AM

The Philippines is fully prepared to address looming challenges while sustaining robust economic recovery, Finance Secretary Benjamin Diokno said. Read more »

[OPINION] All the King’s horses

Dean Dela Paz
Updated as of Jun 23 10:14 AM

High taxes and aggressive collection efforts will remain go-to instruments to mitigate adverse fiscal deficits and rating downsides. Unfortunately, these inflict heavily on businesses yet to recover, and a population cursed with inadequate wages worsened by historic inflation and the threat of stagflation. Read more »

PH inflation quickens

Mark Demayo, ABS-CBN News
Posted at Jun 08 04:16 PM

Market goers purchase goods at Litex Market in Quezon City on Wednesday as some vegetable prices rose due to the oil price hike Read more »

PH to grow 5.7 pct in 2022 but risks linger: World Bank

Jessica Fenol, ABS-CBN News
Posted at Jun 08 12:30 PM

Despite the forecast growth being slower than the government's 7 to 8 percent target, the Philippines will still be one of the top performers in the region, the World Bank said. Read more »

Marcos team meets on post-COVID economic recovery

Katrina Domingo, ABS-CBN News
Updated as of Jun 07 01:56 AM

President-elect Ferdinand Marcos Jr. met with his economic team to discuss how to help the economy recuperate from the COVID-19 pandemic. Read more »

Young Japanese businessmen eye investing in PH

Jekki Pascual, ABS-CBN News
Posted at Jun 02 03:16 AM

Young Japanese businessmen on Wednesday night expressed their intent to invest in the Philippines, citing the country's growing economy. Read more »

Arsenio Balisacan: The fate of PH economy is in his hands

RHIA GRANA
Updated as of May 30 12:25 PM

In this exclusive, the ex and future NEDA Secretary talks about growing up poor in Ilocos, the PNoy years, and the importance of urgency in dealing with our economic woes Read more »

DOF eyes new taxes, wider VAT to pay rising debt

ABS-CBN News
Updated as of May 25 04:54 PM

The Department of Finance is proposing to raise new taxes, defer personal income tax reductions, and expand VAT coverage among a slew of measures, to help pay the country’s ballooning debt. Read more »

Days after the election

Jonathan Cellona, ABS-CBN News
Posted at May 17 06:17 PM

A man walks past an election campaign bus outside the headquarters of presumptive President Bongbong Marcos in Mandaluyong City on Tuesday. Read more »