Displaying all posts for Economy

Philippines to become 18th largest economy by 2037 — report

By Ian Nicolas Cigaral/philstar.com – The Philippines is expected to become the 18th largest economy in the world over the next twenty years, Capital Economics reported, citing the Southeast Asian nation’s young workforce. In its “Long-Term Global Economic Outlook” report released last week, the London-based economic research consultancy forecasts the Read more »

[ANALYSIS] Why is the PH stock market among world’s worst?

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By JC Punongbayan/rappler.com – It’s been a tough year for the Philippine economy thus far. Not only is the Philippine peso one of the weakest currencies in ASEAN, but Philippine inflation is also the highest. There is a third way our economy stands out in the region this year: as Read more »

[ANALYSIS] Why is Philippine inflation now the highest in ASEAN?

By JC Punongbayan/rappler.com – Yesterday, we were greeted by truly shocking news: the Philippines’ inflation rate, which measures how fast prices are rising, reached a whopping 6.4% in August. Not only is this the highest in 9.4 years, it also exceeded the government’s upper forecast of 6.2%, and is Read more »

Philippine economy at risk of overheating, World Bank says

By Audrey Morallo/philstar.com – Although the Philippine economy is one of the top three growth performers in the region, it faces several domestic risks such as overheating, higher inflation and climbing fiscal deficits, the World Bank warned on Monday. In its Philippines Economic Update, the World Bank said that the Read more »

Philippine peso at 7-year low on political concerns

via asiaone.com – The Philippine peso hit a seven-year low on Monday, extending its losses into a third week as market participants worried about the impact of President Rodrigo Duterte’s policies on capital inflows, ratings and international relations. Other emerging Asian currencies also slumped as risk sentiment soured, with Read more »

How Philippines is battling to cash in on coconut craze

By Tiffany Ap/for CNN – It’s hailed as a super food and its uses extends to hair conditioner and mosquito repellent. The world is having a love affair with all things coconut. As the world’s second biggest producer of the fruit, the Philippines is a major source of these products Read more »