Philippines debt-to-GDP ratio in 2019 lowest since 1986
THE national government’s (NG) outstanding debt grew at end-2019 due to increased borrowings but was still smaller relative to the economy, the Bureau of the Treasury (BTr) reported on Wednesday.
NEDA’S projected impact of COVID-19 on the Philippine economy
THE Philippine economy could contract by as much as 0.6% this year due to the widening fallout from the coronavirus disease 2019 (COVID-19) pandemic,...
Headline inflation rates in the Philippines (November, 2018)
INFLATION eased for the first time this year in November to post the slowest rate in four months, helped by milder increases in food prices, the Philippine Statistics Authority (PSA) reported on Wednesday.
Which economies are at greater risk of an exchange rate crisis?
THE PHILIPPINES is not expected to slip into a currency crisis anytime soon, Nomura economists said, citing little risk of such an event despite the recent weakness of the peso.
Philippines among top countries producing multimillionaires
The Philippines is the third country in the world that is fast producing individuals worth at least $5 million (P266 million).
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The global competitiveness index 2018 ranking
THE PHILIPPINES placed fifth among the nine economies of the Association of Southeast Asian Nations (ASEAN) covered by the Global Competitiveness Report 2018-2019, which measures a country’s standing using a set of criteria that determine level of productivity, and 56th globally among 140 economies on the list.
Global competitiveness index 2017-2018 ranking
THE PHILIPPINES climbed a rung in the World Economic Forum’s annual competitiveness roster this year even as the country’s score slipped, allowing Vietnam and...
Impacts of COVID-19 on Philippine firms
MOST BUSINESSES in the Philippines continued to feel the pain from the coronavirus disease 2019 (COVID-19) pandemic in July, even as the economy slowly reopened.
Philippine agriculture performance (Q2 2018)
FARM OUTPUT barely grew last quarter as a drop in crops and fisheries offset increases in livestock and poultry, the Philippine Statistics Authority (PSA)...
Vehicle sales in the Philippines (2018)
VEHICLE SALES in 2018 dropped for the first time in seven years as the industry reeled amid imposition of higher automobile taxes starting January...