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Labor force survey (Philippines, October 2020)

THE country’s unemployment rate further eased in October from record levels in April, as the economy continued to gradually reopen, the Philippine Statistics Authority (PSA) reported on Thursday.

How do Filipino Grade 5 students compare with ASEAN counterparts in...

FIFTH GRADE STUDENTS in the Philippines are falling behind their counterparts in some Southeast Asian countries in reading, writing and mathematics, with a significant percentage of students still performing at levels expected in early years of primary education, a regional study showed.

Analysts’ November inflation rate estimates (2020)

THE headline inflation rate in November likely quickened as a recent spate of typhoons pushed the prices of food and agricultural products higher, economists said. 

National Government Fiscal Performance (Oct. 2020)

THE government’s budget deficit swelled in October, bringing the 10-month gap to nearly P1 trillion as state revenues remained weak and spending continued to decline even as economic managers pledged to ramp up spending to stimulate the economy.

More Filipinos express confidence in government’s anti-corruption efforts

MORE FILIPINOS are confident that the government is doing well in tackling corruption compared with Asian neighbors, although they also believe corruption in government remains a big problem, a survey from Transparency International showed.

Foreign buyers to contribute the most to the Philippine property sector’s...

RENTS and residential prices in the Philippines are expected to start recovering by 2021, except in Makati City which may continue to see a decline for a longer period, a recent survey of real estate agents found.

Philippine internet economy to reach $28 billion by 2025 — study

THE Philippine digital economy’s gross merchandise value (GMV) is seen to hit $28 billion in 2025, accelerating to a 30% compound annual growth rate (CAGR), driven by the growth in new digital consumers, the latest e-Conomy Southeast Asia report by Bain & Company, Google, and Temasek said.

Analysts’ expectations on policy rates (Nov. 19)

BENCHMARK policy rates will likely be maintained by the Bangko Sentral ng Pilipinas (BSP) on Thursday, with the financial system seeing excess liquidity and an anticipated pickup in state spending, according to analysts.

IMD world talent ranking 2020

THE Philippines inched up one spot in an annual global ranking of countries’ ability to attract and retain a skilled workforce, but continues to lag behind other Asia-Pacific economies.

Gross domestic product (GDP) quarterly performance (Q3 2020)

THE Philippine economy continued to shrink for a third straight quarter, although at a slower pace compared with the second quarter, as lockdown restrictions were further loosened amid the coronavirus disease 2019 (COVID-19) pandemic.

Performance of Philippine Agriculture (Q3 2020)

GROWTH in agricultural production slowed to 0.7% in the third quarter, as higher crops and fisheries production were offset by declines in livestock and poultry output, the Philippine Statistics Authority (PSA) said on Monday.

Headline inflation rates in the Philippines (Oct. 2020)

THE OVERALL year-on-year increase in prices of widely used goods rose to its fastest pace in three months in October, the government reported on Thursday.

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

PHILIPPINE MANUFACTURING data worsened in October as demand remained weak and job cuts persisted amid a coronavirus pandemic, according to a survey by British information provider IHS Markit Ltd.

Philippines improves in trade sustainability ranking

THE PHILIPPINES outranked other emerging markets in Asia as it moved up one spot to 8th place in the Sustainable Trade Index 2020, according to the Economist Intelligence Unit bi-annual report commissioned by Hinrich Foundation.

Overseas Filipinos’ cash remittances (Aug. 2020)

CASH REMITTANCES sent by Filipino workers abroad declined in August after two straight months of recovery, as inflows from the Middle East and Japan fell amid the coronavirus pandemic.

IMF further downgrades economic outlook for the Philippines, projects a deeper...

THE PHILIPPINES is likely to see the worst economic slide among Southeast Asian countries this year, after the International Monetary Fund (IMF) once again downgraded its contraction forecast for the country’s gross domestic product (GDP) to 8.3%.

Top risks of greatest concern for doing business

NATURAL CATASTROPHES and failure of national governance dominate the concerns for business executives in the Philippines this year, according to the World Economic Forum’s (WEF) “Regional Risks for Doing Business 2020” report.

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.

Headline inflation rates in the Philippines (Sept. 2020)

INFLATION eased for the second straight month in September to its lowest level in four months on the back of moderating prices in the heavily weighted food and nonalcoholic beverages, the Philippine Statistics Authority (PSA) said on Tuesday.

Philippines vs ASEAN internet penetration level and speed

THE Philippine digital economy may fail to realize its full potential, as digital infrastructure remains weak and internet speeds are among the slowest and most expensive in the world, a report by the World Bank and National Economic and Development Authority (NEDA) showed.

Analysts’ September inflation rate estimates (2020)

HEADLINE INFLATION likely slowed further in September due to lower prices of some staple food and power rates, analysts said. Read the full story.

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

PHILIPPINE factory activity expanded for the first time in seven months in September as a looser lockdown helped prop up consumer spending, according to...

PHL slips in digital competitiveness

BUSINESS LEADERS are calling for improvements in information technology infrastructure and workforce talent development after the Philippine ranking for digital competitiveness dropped two spots...

Pandemic continues to dampen economic prospects in East Asia and the...

THE Philippines faces the prospect of an “uneven” and “volatile” economic recovery as it struggles to control the coronavirus disease 2019 (COVID-19) pandemic, the...

Analysts’ expectations on policy rates (Oct. 1)

THE Bangko Sentral ng Pilipinas (BSP) is widely expected to leave benchmark interest rates untouched on Thursday, as it reserves its measures in case...

Business expectations survey (Q3 2020)

CONFIDENCE among Filipino consumers fell to a record low in the third quarter, while businesses were at their most pessimistic in over 11 years, as the pandemic took its toll on the economy, the latest surveys by the Bangko Sentral ng Pilipinas (BSP) showed.