Latest News on the Philippine Economy

  • Sanctions on OFWs will not affect Philippine economy
    Senior Filipino officials believe that the recent sanctions imposed by Taiwan will not have any significant impact on the Philippine economy. Taiwan has imposed a hiring freeze against overseas Filipino workers (OFWs) after a fisherman Hung Shih-cheng was ...
  • Sanctions in Manila-Taipei row to trip Taiwan more than PHL – Labor chief
    The hiring freeze imposed by Taiwan against overseas Filipino workers (OFWs) in the aftermath of the killing of fisherman Hung Shih-cheng in disputed waters would have no significant impact on the Philippine economy, a top government official and an ...
  • Further sanctions in Manila-Taipei row to trip Taiwan more than PHL – economist
    The move by Taiwan against the Philippines in the aftermath of the killing of fisherman Hung Shih-cheng in disputed waters, would have no significant impact on the Philippine economy, an economist said Thursday. The hiring freeze sanctioned by Taiwan ...
  • Elections and the economy
    Elections always ... and spending as the money reverberates throughout the economy. Applying a rough and probably conservative multiplier of 5, the total GDP impact would come up to P142.5 billion, which is about 1.3 percent of our 2012 nominal GDP of ...
  • Aquino Sweats to Solve Mindanao Power Failure: Southeast Asia
    Homes and businesses in Mindanao, which accounts for about a fifth of the Philippine economy, faced 12-hour daily power failures during the El Nino year of 2011 when Lake Lanao almost dried up. Zamboanga City on the island had eight hours of ...
  • Aquino on Philippine Economy, Corruption, China Row
    May 9 (Bloomberg) -- Philippine President Benigno Aquino talks about the outlook for the nation's economy and the need for judicial reform. He also discusses the territorial dispute with China. Aquino spoke yesterday in Manila with Bloomberg ...
  • Does The Philippines Deserve Its Investment Grade?
    In six of the ten categories, the country ranks in the lowest third, and particularly poorly in terms of both starting a business ... level of net foreign direct investment remains a fraction of that of its neighbors, or other investment grade ...
  • JCRA raises PH’s credit rating
    "JCRA is of the view that the Philippine economy will, by and large, sustain an annual economic growth at around 6 percent in the years to come supported by strong domestic demand," the agency said. JCRA also said that the country's current account will ...
  • Japan grants PH investment grade
    In a statement on Tuesday, May 7, the JCRA said they are confident that the Philippine economy will sustain an economic growth of around 6% in the medium term on the back of strong domestic demand. JCRA upgraded the Philippines' credit rating to BBB from ...
  • Philippine Economy
    Table of contents 1. General Information 2. Agrarian Economy 3. Industrial Economy 4. Services Industries 5. Conclusion 1. General information The Philippines are located in Southeast Asia in the Western Pacific Ocean. 7,107 Islands are part of th ..