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What would it take to join the wealthiest 1% and 0.1%...

THE number of super-rich Filipinos is likely to grow over a five-year period in line with a global trend, the annual wealth report from real estate consultant Knight Frank said.

Super-rich Filipinos seen to grow by 35% by 2025 — consultancy...

THE number of super-rich Filipinos is likely to grow over a five-year period in line with a global trend, the annual wealth report from real estate consultant Knight Frank said.

Manufacturing purchasing managers’ index of select ASEAN economies, February (2021)

MANUFACTURING ACTIVITY in the Philippines remained in expansionary mode for a second straight month in February, as demand picked up with the reopening of more businesses, a survey conducted by IHS Markit showed.

Analysts’ February inflation estimates (2021)

HEADLINE INFLATION is likely to have breached the central bank’s target for a second straight month in February, as food and fuel prices remain elevated, according to economists.

Challenges for big banks continue in Q4 2020 as total loans...

THE COUNTRY’S biggest banks lent less to households and firms in the fourth quarter of 2020, as profits fell and soured loans increased amid the coronavirus pandemic.

2020 approved foreign investment pledges lowest in three years

APPROVED foreign direct investment (FDI) pledges slumped to the worst level in three years in 2020 amid the coronavirus pandemic, data released by the Philippine Statistics Authority (PSA) on Wednesday showed.

How does the Philippines stack up with its neighbors in terms...

LEGAL GENDER EQUALITY in the Philippines regressed as no new reforms were implemented since late 2019, a World Bank study showed.

Philippines tops 2021 Women in Business survey

THE PHILIPPINES has again topped a global survey on the role of women in senior management, with more women taking on top roles in mid-market businesses compared with 29 other economies.

Overseas Filipinos’ cash remittances (Dec. 2020)

REMITTANCES slipped by 0.8% in 2020, the first annual contraction in two decades, as some overseas Filipino workers (OFWs) lost their jobs while others tightened their belts amid the pandemic.

Philippine export performance lags in East Asia and the Pacific

PHILIPPINE EXPORT performance remains below East Asian economies that are leading global trade recovery, a United Nations (UN) report said.

Philippines improves in human freedom index ranking in 2018

THE PHILIPPINES ranks 83rd out of 162 countries in freedom index.

Analysts’ expectations on monetary policy actions (Feb. 11)

THE central bank is widely expected to maintain key policy rates at record low levels on Thursday, as it waits for fiscal policy to do its part in quelling the recent spike in inflation.

Philippine development scorecard

THE government scaled down its ambitious goals to reduce poverty and unemployment by 2022, as the coronavirus pandemic reversed any gains that were made in recent years.

Top ten 5G economies

THE Philippines posted the second-largest gain globally in terms of 5G download speeds relative to 4G in the fourth quarter, according to UK mobile analytics company Opensignal Ltd.

Average Download Speed Between the Richest and Poorest Philippine Cities

NEARLY a million Filipinos in rural areas do not have access to digital connections, as most cell towers are located in wealthy cities, according to an analysis by Asian Development Bank (ADB) and Thinking Machines Data Science, Inc.

Philippines slips in democracy ranking

PHILIPPINE democracy remains flawed, according to the Economist Intelligence Unit (EIU), as the country slipped one place to No. 55 out of 167 countries in the London-based think tank’s democracy index last year.

Philippine debt-to-GDP ratio in 2020 highest since 2006

THE National Government’s (NG) outstanding debt reached P9.8 trillion at the end of December 2020, pushing the debt-to-GDP ratio to the highest in over a decade, as it borrowed more to fund the pandemic response.

Manufacturing purchasing managers’ index of select ASEAN economies, January (2021)

PHILIPPINE manufacturing activity rose to a 25-month high in January, as improved customer demand led to higher production, a survey conducted by IHS Markit showed.

Analysts’ January inflation estimates (2021)

HEADLINE INFLATION likely quickened for the fourth straight month in January amid rising prices of food and oil products, a BusinessWorld poll of economists showed.

Philippine economy suffers worst decline in 2020

THE PHILIPPINE ECONOMY suffered its worst annual contraction on record in 2020, even after gross domestic product (GDP) shrank by a slower pace in the fourth quarter, the statistics agency said on Thursday.

Philippines among the lowest-ranked economies in managing the COVID-19 pandemic

THE PHILIPPINES scored poorly in its anti-coronavirus response, ranking 79th out of 98 countries in a study by the Lowy Institute.

Performance of Philippine agriculture (Q4 2020)

FULL-YEAR agriculture output contracted for the first time since 2016, after the sector was battered by the coronavirus disease 2019 (COVID-19) pandemic, a series of devastating typhoons, and the continued outbreak of African Swine Fever (ASF).

Philippine trade year-on-year performance (Dec. 2020)

THE Philippine trade deficit widened to a nine-month high in December as month-on-month imports went up, potentially indicating improved consumer imports as economic activity picks up, data from the Philippine Statistics Authority (PSA) showed on Wednesday.

Manila falls in 2021 list of top real estate investment destinations

MANILA dropped two spots to 19th in a ranking of city investment prospects in the Asia-Pacific for 2021, a joint report from the Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC) said.

PHL business optimism sinks to new low in second half of...

ECONOMIC OPTIMISM among Philippine midsized businesses continued to fall in the second half of 2020, as the pandemic continued to weigh heavily on the economy.

Q4 and full-year 2020 GDP forecast

THE Philippines’ gross domestic product (GDP) likely contracted slower in the fourth quarter due to a pickup in economic activity as lockdown restrictions were further eased and higher consumer spending during the holiday season.

Full-year 2020 and December 2020 car sales

CAR SALES slumped in 2020, after a holiday demand spike failed to make up for the plunge in demand during the coronavirus-induced lockdown, data from two automotive industry groups showed.

Metro Manila among cities with the worst traffic congestion

ANNUAL TRAFFIC congestion in Metro Manila significantly dropped last year due to coronavirus lockdown, but the Philippine capital was still the fourth-most congested city in the world, according to data from a location technology company.