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National Government Fiscal Performance (Aug. 2020)

THE National Government’s budget deficit ballooned by 1,510% to P40 billion in August from a mere P2.5-billion shortfall a year ago, as revenues remained...

Loans issued by big banks grow at slowest quarterly pace in...

AMID THE LIMITED economic activity in the second quarter, the country’s biggest banks became less profitable as they boosted loan loss reserves with soured...

Filipinos born today ‘will fail to achieve almost half’ their potential...

CHILDREN born in the Philippines today will “fail to achieve almost half their potential” productivity as future workers, according to a World Bank report.

Philippine trade year-on-year performance (July 2020)

PHILIPPINE international trade further contracted in July as trade activity remains subdued here and the rest of the world, the Philippine Statistics Authority (PSA)...

PHL labor force situation (July 2020)

THE COUNTRY’S unemployment and underemployment rates declined in July compared with those seen in April as lockdown restrictions were gradually eased.

Philippines improves in global innovation index ranking

THE Philippines moved up four spots to 50th out of 131 economies on an annual list that measures their performance in innovation, becoming one...

Manufacturing purchasing managers’ index of select ASEAN economies, Aug. (2020)

THE Philippine capital’s return to a stricter lockdown in the first two weeks of August dampened manufacturing activity, which fell to a three-month low,...

Philippines slips a notch lower in global outsourcing destinations list

THE PHILIPPINES slipped in this year’s list of outsourcing destinations by global strategic firm Tholons, Inc. as the economy is among those hardest hit...

Analysts’ August inflation rate estimates (2020)

THE inflation likely edged higher in August, as food prices and transportation costs rose when lockdown restrictions were brought back for two weeks earlier...

National Government Fiscal Performance

THE National Government’s budget deficit ballooned to a record P700 billion as of end-July, as pandemic expenses continued to rise while revenues fell amid...

2021 Spending Priorities

THE Budget department submitted to Congress on Tuesday the P4.506-trillion spending plan for 2021, where allocations for the Public Works and Transportation departments were...

Which commodity groups contributed the most to inflation so far?

DESPITE the change in consumption patterns brought by the coronavirus disease 2019 (COVID-19) pandemic, the need to tweak the theoretical basket of consumer goods...

PHL ranks 66th (out of 85) countries in terms of ‘digital...

THE Philippines ranked 66th out of 85 countries in the 2020 Digital Quality of Life Index, saddled with issues like expensive, low-quality internet and...

Analysts’ expectations on policy rates (Aug. 20)

THE central bank will likely keep its key policy rate untouched at its policy review on Thursday, a majority of economists polled by BusinessWorld...

Performance of Philippine Agriculture

THE country’s agricultural output picked up slightly in the second quarter, driven by growth in crops and fisheries sectors, the Philippine Statistics Authority (PSA)...

Manufacturing purchasing managers’ index of select ASEAN economies, July (2020)

FACTORY ACTIVITY dropped for a fifth straight month in July, as manufacturing firms reported weaker production and demand despite relaxed lockdown restrictions. Read the...

Scorecard: Philippine Development Plan 2017-2022

PRESIDENT Rodrigo R. Duterte is expected to unveil a “roadmap for recovery” in his fifth State of the Nation Address (SONA) on Monday, as...

National Government Fiscal Performance

THE National Government’s budget deficit ballooned to P560.4 billion in the first half of 2020, as pandemic-related expenses surged amid a decline in tax...