The Philippines ranks second in Asia in terms of fulfilling relationships
Christine Joyce S. Castañeda, Senior Researcher
The Philippines was in the top three of nine countries in terms of meeting needs and expectations in their...
El Niño, typhoon damage crimp farm output
THE DEVASTATING effects of typhoons and prolonged El Niño pulled down the agriculture, forestry, and fishing sector in 2016.
Data from the Philippine Statistics Authority...
Oil, natural gas make up for nickel plunge
THE MINING and quarrying sector managed to record a modest growth last year. This, despite a decline in metallic mineral production value as the...
Healthy factory output keeps outlook bright
THE COUNTRY’S manufacturing sector continued to show robust growth last year, sustaining the optimism of its potential in generating employment and promoting inclusive growth.
The...
Utilities grow faster on increased demand
OUTPUT growth by the electricity, gas, and water sector hastened in 2016 brought by increased demand for these utilities.
Philippine Statistics Authority data showed that...
Public projects boost sector’s expansion
THE INCREASE in building projects amid strong demand in high rise residential and commercial properties made the construction sector one of the country’s growth...
Consumption lifted by remittances, lending
GROWTH in wholesale and retail trade was sustained last year on strong consumption supported by the increasing presence of online platforms for buying and...
Communications lead sectors’ slower growth
THE TRANSPORTATION, storage, and communication industry slackened in 2016, with decelerations observed almost across all sectors.
Contributing around 8% to economic output, the industry slackened...
Banks’ performance beats last year’s results
BANKS, insurance firms, and other financial companies posted higher output in 2016 in large part due to increased lending activities.
Data from the Philippine Statistics...
Sustained demand keeps real estate robust
THE REAL ESTATE sector remained strong in 2016 driven by sustained demand for residential properties and office space against the backdrop of a booming...
Casinos, resorts remain strong despite setbacks
THE COMMUNITY, business, and social services sector’s growth experienced a tempered uptick in 2016.
The sector’s gross value added (GVA) — a measure of the...
Philippines’ infrastructure challenge: A huge gap or a black hole?
BY IAN NICOLAS P. CIGARAL
WHEN President Rodrigo R. Duterte won the race to Malacañang last year, he didn’t just promise to wipe out the...