Tags Posts tagged with "Economy of the Philippines"

Economy of the Philippines

Slowing remittance growth from Filipino workers cause for concern

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Slowing growth of remittances sent by Overseas Filipino Workers (OFWs) to their home country have alerted economists that there might be a sustained weakness...
Philippines’ GDP growth to outpace China’s from 2016

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Economic growth in the Philippines will overtake China’s by 2016 as the former country continues to be an outperformer due to a strong domestic...
Wealth of Philippines’ 50 richest rises to $74 billion

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Fortunes expand for some of the Philippines richest people, according to the latest Forbes Philippines rich list. The nation’s 50 wealthiest are worth a...
Philippines sees stronger growth for the rest of the year

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Improving exports, robust consumption and spending related to typhoon rehabilitation will ensure growth in the second quarter and subsequent quarters will be better than...
Philippines allows full entry of foreign banks

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Philippine President Benigno Aquino III has signed into law a bill allowing the “full entry of foreign banks into the Philippines” in time for...
Philippine builder benefits from massive home shortage

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8990 Holdings Inc., the largest builder of affordable homes in the Philippines, targets to boost profit by 45 per cent this year amid a...
Philippine first quarter growth slower than expected

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The Philippine economy grew by 5.7 per cent in the first quarter, much slower than market expectations, as it continued to feel the lingering...
Indonesian tycoon seeks to buy Philippine sugar companies

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Indonesian billionaire Anthoni Salim’s First Pacific Co. is seeking to buy sugar companies in the Philippines to expand its footprint in Southeast Asia and...
Philippines announces plan to fight poverty

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The Philippine government on April 14 announced plans to spend more on infrastructure and introduce other reforms to try to lift millions out of...
Philippines stops deployment of workers to Thailand

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The Philippine Overseas Employment Administration (POEA) imposed a ban on January 27 on the deployment of newly hired Filipino workers to three places in...
UN: Philippine GDP growth seen at 6.2% in 2014

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A new report by the United Nations, the UN World Economic Situation and Prospects 2014 (WESP) report, expects the Philippine GDP growth to slow...
Philippines’ economic freedom ranking improves

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The Philippines jumped eight spots to 89th in the 2014 Index of Economic Freedom, released by The Heritage Foundation and The Wall Street Journal...
Philippine stocks in huge plunge

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The benchmark Philippine Stock Exchange Index has plunged 21 per cent since its peak in May 2013 as international investors pulled a net $955...
HOW TO: Setting up a business in the Philippines

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Foreign businesses that are looking at opening a business in the Philippines must do their homework carefully and find a reliable source of information....
Philippine consumer spending primed for growth

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Philippine households have among the lowest debt in Asia, solidifying a “long runway” for continued economic growth in the outperforming ASEAN nation, a...
Investment pledges for Philippines climb 39%

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Yet more indicators are flooding in that the Philippines is the world’s newest emerging market darling. For the first six months of 2013, committed investments...
The Philippines’ “New Economy”

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The Philippines used to be referred to as a basket case in Asia. Now it is more apparent that the Philippines is a market...
Philippines sees record outflow in May

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The Philippines saw $640.84 million of foreign investment in May 2013 flow out of the country as speculative investors yanked capital from the emerging...