Philippines lags behind flock of ‘Asian geese’
A recent report says that the Philippines and Indonesia do not appear to be the first choice for global companies looking for new production bases elsewhere, despite being among…
Ian Nicolas P. Cigaral
Philippines moves closer to being “upper-middle income”: HSBC Global Research
The shift to spending more on nonessentials was expected as the country is working on its goal to become an upper-middle income economy, said Aris Dacanay, an economist at HSBC.
Philippine economic growth slower than expected
High inflation and borrowing costs tempered the first-quarter growth of the Philippine economy, causing it to miss the government target as tight financial conditions choked both…
Philippine economy seen to accelerate in 2024 but faces high inflation, El Nino-driven risks
The biggest risk to growth is still inflation, which is at risk of breaching the state’s 2 to 4 percent target anew amid an ongoing dry spell that’s wreaking havoc on farms.
Philippine population to stay young in next 40 years
As of 2021, the median age in the Philippines stood at 24.5 years old, the second youngest in the region after Laos’ 23.8 years.
Philippines turning into an investment magnet
In a commentary sent to journalists, HSBC said the “bearish view” on the Philippines may be “dated” and perhaps “incommensurate” with what the country has recently…
3.9% March inflation seen: Philippine central bank
At the moment, the central bank is still concerned about higher transport charges and electricity rates, as well as costlier oil and domestic food prices. The central bank is also…
Philippines can soar to become $2-trillion economy, says WEF
If the projection of the WEF is realized, the Philippines could see its economy expand from its current size of about $380 billion to an economy comparable to the size of Canada,…
Gov’t unveils P585 billion local borrowing plan for Q1 2024
The government will sell Treasury bills amounting to P195 billion and Treasury bonds worth P390 billion in the first three months of 2024.
Philippine government unveils P585-B local borrowing plan for Q1 2024
Broken down, the Bureau of the Treasury will borrow P75 billion via T-bills in January, with five auctions scheduled for the month. In February, the government lined up four…