Economy

IMF: Outlook for Philippine economy remains favorable

Published by rudy Date posted on September 14, 2015

From the Department of Foreign Affairs “The outlook for the Philippine economy remains favorable despite uneven and generally weaker global growth prospects,” the International Monetary Fund (IMF) stated in a press release after the conclusion of the 2015 Article IV Consultation between the Philippines and the IMF on August 26.

Read more

China’s influence on Phl economy is limited

Published by rudy Date posted on September 7, 2015

China’s influence on the Philippine economy is limited enough for the Southeast Asian nation to have the guts to challenge it politically in a territorial spat most of its neighbors are not strong enough to stand for.

Read more

Phl can withstand external shocks – IMF

Published by rudy Date posted on September 6, 2015

The International Monetary Fund (IMF) believes the Philippines would be able to survive external shocks brought about by the slackening global economy on the back of monetary and fiscal reforms being undertaken by the government.

Read more

PH growth seen fastest in Asean

Published by rudy Date posted on August 31, 2015

The Philippines will remain the fastest growing economy in Southeast Asia this year, despite the slower-than-expected expansion in the first half, British bank Barclays said in a report over the weekend.

Read more

How has the sharing economy changed job security?

Published by rudy Date posted on August 17, 2015

There has been a great deal of attention given to the development of the “sharing economy” in recent years. It’s the latest in a series of labels trying to sum up the increasing use of digital online platforms which bring customers and providers of goods and services together to bargain directly. The best known examples…

Read more

PH GDP growth to outpace ASEAN peers

Published by rudy Date posted on July 17, 2015

Metro Manila (CNN Philippines) — The Asian Development Bank (ADB) expects the Philippines to outpace several of its Southeast Asian neighbors in economic growth for this year and the next, according to a supplement to the Asian Development Outlook (ADO) for 2015.

Read more

PHL to lead growth despite challenges

Published by rudy Date posted on July 16, 2015

THE ASIAN Development Bank (ADB) has maintained growth forecasts for the Philippines this year and next, expecting the country to remain among the fastest-growing markets in the region despite a marked first-quarter slowdown as investments and household consumption — buoyed by election-related spending — continue fueling economic expansion, the regional lender said in a new…

Read more

14/7/2015 – What brands need to know about the new ASEAN consumer market

Published by rudy Date posted on July 14, 2015

Regional leaders in digital marketing gathered at the Singapore Ad:Tech Summit MANILA, Philippines – We’re halfway through 2015 and terms like “Big Data,” “Reach,” and “SEO” are not foreign concepts to most brands and marketers anymore. We are fully in the Digital Era and everyone is already using data and social media to reach out…

Read more

Export growth to slow: DBS

Published by rudy Date posted on July 14, 2015

THE PHILIPPINES may find it difficult to sustain its streak of positive export growth this year due to sluggish global demand and base effects from 2014, an analyst at DBS Bank Ltd. yesterday said.

Read more

The IMF confirms that “trickle-down” economics is, indeed, a joke

Published by rudy Date posted on June 18, 2015

Read more here.

Read more

International Monetary Fund sees moderate global growth this year

Published by rudy Date posted on June 12, 2015

BAGAC, Bataan—An International Monetary Fund (IMF) executive on Thursday said global growth should remain moderate, with uneven prospects across many countries and regions, although he noted a changing recovery trend for advanced economies.

Read more

‘Concerns on continuity’ worry investors

Published by rudy Date posted on June 4, 2015

The Philippines has achieved so much in the last few years that the risk of “back-sliding” is a greater concern for international investors heading toward the 2016 presidential elections, a Singapore-based Filipino senior banker at ING Bank said.

Read more

PH GDP growth slows to 3-year low: 5.2% in Q1 2015

Published by rudy Date posted on May 28, 2015

(4th UPDATE) The Philippines’ first quarter gross domestic product growth is below government and market expectations MANILA, Philippines (4th UPDATE) – The government announced on Thursday, May 28, that the Philippine economy grew by 5.2% in the first quarter of 2015 – the lowest in 3 years – as government spending stays weak and exports…

Read more

PHL economy to see 6% average growth from 2015 to 2019–IHS

Published by rudy Date posted on May 25, 2015

                  THE Philippines is among the top 5 countries in the world with fastest economic growth both in medium and long term, according to United States-based think tank IHS Global Insight.

Read more

Apec exec notes ‘paradigm shift’ in labor as new economy

Published by rudy Date posted on May 19, 2015

BORACAY, Aklan – A senior official of the Asia Pacific Economic Cooperation (Apec) on Tuesday noted the paradigm shift in labor system which is veering away from the assembly line of work and is heading towards knowledge-based services in the manufacturing sector.

Read more

Phl economy remains the ‘exception’ – IMF

Published by rudy Date posted on May 8, 2015

MANILA, Philippines – The Philippines will continue to be the “exception” in Asia and in the world as its economy is expected to continue its upward growth momentum, the International Monetary Fund (IMF) said. “We see falling potential growth in the world and in Asia in general, but the Philippines is an outlier,” IMF resident…

Read more

IMF says Asia to lead growth in 2015 despite China slowdown

Published by rudy Date posted on May 7, 2015

TOKYO — Asian economies will lead world growth in 2015, expanding at a 5.6 percent pace that is level with last year, as recoveries in India and Japan help to offset the slowdown in China, the IMF said in a report Thursday.

Read more

Balisacan cites constraints to rural growth

Published by rudy Date posted on April 27, 2015

MANILA, Philippines – Socio-economic Planning Secretary Arsenio M. Balisacan said growth in rural areas is being constrained by inefficient land markets and poor infrastructure. Speaking at the World Bank (WB)-International Monetary Fund (IMF)’s 2015 Spring Meetings held in Washington last week, Balisacan said there are serious land management and administration problems in the Philippines. Speaking…

Read more

PHL to continue as best performing economy in Southeast Asia–IMF

Published by rudy Date posted on April 14, 2015

The International Monetary Fund (IMF) sees a below-target growth for the Philippines next year, but raised its expectations for 2015. In its recently published World Economic Outlook (WEO) for April, the IMF said its 2016 growth projection for the Philippines is at 6.3 percent. This is lower than its earlier forecast of 6.4 percent, as…

Read more

PHL found most resilient emerging mart

Published by rudy Date posted on April 5, 2015

THE PHILIPPINES figured as the “emerging market” most resilient to potential external shocks in a paper authored by an analyst at the Center for Global Development, a Washington D.C.-based nonprofit think tank.

Read more

Philippine economy to lead Asean growth: IMF

Published by rudy Date posted on April 3, 2015

The Philippine economy will be Southeast Asia’s growth leader this year on the back of more aggressive government spending, according to the International Monetary Fund (IMF).

Read more

Do structural reforms only pay off in the long term?

Published by rudy Date posted on April 1, 2015

Professor Nicholas Barr of LSE used to kick off his public economics lectures by illustrating cases of what he facetiously named ‘pub economics’, defined as something that everyone knows to be true, but is not. In his lectures, examples of these misconceptions were the notion that free university education would unequivocally lead to improved access…

Read more

Philippine real estate market: Outlook remains rosy, but challenges loom on the horizon

Published by rudy Date posted on March 23, 2015

/PRNewswire/ — With the latest economic growth rate at 6.1%, second only to China, a growing service sector, and rising foreign investments, the Philippines remains one of the world’s bright spots. (Figure 1) Given the country’s strong economic performance, real estate services agency KMC MAG Group believes that the local real estate market is in…

Read more

‘Shortcomings of the current growth scene’

Published by rudy Date posted on March 12, 2015

My comments last week on the country’s high growth performance emphasized the role of luck and the importance of international perception on economic prospects. Good perception creates a positive outlook.

Read more

PH to be world’s 2nd fastest growing economy in 2015 – report

Published by rudy Date posted on February 26, 2015

MANILA, Philippines – A Bloomberg survey of economists shows the Philippines will be the second fastest-growing economy in the world this year, second only to China.

Read more

PH improves economic freedom score

Published by rudy Date posted on January 29, 2015

ADMINISTRATION’S GOOD GOVERNANCE INITIATIVES CITED Key policy measures undertaken in the last year led to a significant improvement in Philippine society’s ability to allow its citizens to climb up the socioeconomic ladder on their own merits, a new international report showed.

Read more

International debt statistics

Published by rudy Date posted on January 22, 2015

Download the publication here

Read more

Philippine economic update: Making growth work for the poor

Published by rudy Date posted on January 22, 2015

Download the report here

Read more

Japan slowdown won’t derail Phl growth

Published by rudy Date posted on January 1, 2015

MANILA, Philippines – Japan’s economic slowdown is expected to have a minimal effect on the Philippines, Moody’s Investors Service said in a report. “Japan is the Philippines’ largest trade partner. Recent data shows that the current recession in Japan has had only a limited effect on the Philippines’ overall growth conditions and export performance,” Moody’s…

Read more

Palace gives positive summing up of 2014

Published by rudy Date posted on December 25, 2014

COMPARATIVE RECAP: Ringing a positive Christmas note, Malacañang trotted out comparative figures this week in the Official Gazette showing a statistical selfie of sorts of its accomplishments toward the end of year 2014.

Read more

24-31 Oct – Global Media and Information Literacy Week

“Unions in Digital Literacy:
Building a Better Future”
“End violence against women:
in the world of work and everywhere!”

 

Invoke Article 33 of the ILO constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of Forced Labour and Freedom of Association protocols.

 

Accept National Unity Government
(NUG) of Myanmar.
Reject Military!

#WearMask #WashHands
#Distancing
#TakePicturesVideos

Time to support & empower survivors.
Time to spark a global conversation.
Time for #GenerationEquality to #orangetheworld!
Trade Union Solidarity Campaigns
Get Email from NTUC
Article Categories