Economy

UNLESS President Aquino intervenes, a crisis involving empty container vans could reach its tipping point very soon, and this could hurt the Philippine economy. This fear was raised after the Manila International Container Terminal (MICT) issued a circular stating that it would no longer accept “empty containers for export, due to yard utilization reaching 100…

AIX-EN-PROVENCE, France — Global economic activity should strengthen in the second half of this year and accelerate in 2015 although momentum could be weaker than expected, IMF chief Christine Lagarde said on Sunday, adding that the Fund did not expect a sharp slowdown in China.

The Manila truck ban and port congestion hurt economic growth in the second quarter and the government should resolve the issue soon to attain its minimum growth target of 6.5 percent this year, a business group said Thursday.

MANILA, Philippines – The Philippines should cope better than most its peers in the Association of Southeast Asian Nations (Asean) in case of a significant downturn in Chinese economic activity, Moody’s Investors Service said in a report.

President Aquino should order the lifting of the truck ban in the City of Manila, which has contributed to the recent rise in consumer prices and has made it more expensive for businesses to operate in the country.

The Philippines successfully concluded hosting the 23rd World Economic Forum on East Asia which highlighted the impressive economic gains under President Aquino’s administration.

Expect the Aquino administration to spend its last two years laying the foundations for “equitable” growth and a higher standard of governance, Malacañang said Saturday.

Once upon a time, we had a prominently agricultural economy. Some limited industrialization took place in the postwar years, in the form of import-substituting industries fostered by protective trade barriers such as import controls and high import tariffs. But such inward-looking industrial growth has its limits and appeared to have hit the ceiling by the…

At first glance, the Philippines and India are highly distinct from each other especially from the perspective of geography. The Philippines is an archipelago in Southeast Asia with population of 107.7 million. On the other hand, India is the colossus of South Asia with population of 1.24 billion (July 2014 est. CIA World Factbook). There…

WATCHING an action movie with many plot twists and turns can be very enjoyable. You never know who to trust and, sometimes, the bad guys are really the good guys. If it is really done well, it can be like a roller-coaster ride.

MORE investors from the United States are now seriously considering doing business in the Philippines after hearing leading Filipino private-sector figures talk about a country brimming with numerous investment opportunities.

THE country’s gross domestic product (GDP) rate slowed to 5.7 percent in the first quarter of this year, a development ascribed to the effects of Supertyphoon Yolanda (international code name Haiyan).

FILIPINOS’ OPTIMISM about their personal prospects has fallen somewhat, the Social Weather Stations (SWS) said, even though more say their lives have improved and the economy likely to perform better.

THE 23rd World Economic Forum on East Asia (WEF-EA) opened last Wednesday with about 600 delegates from 30 nations who gathered in Manila to discuss regional issues, such as political stability and infrastructure investment.

Will the economy grow as fast or even faster this year compared to last year’s brisk 7.2 percent? Official first quarter economic growth figures will be released next week, and many watch the numbers as a guide for firming up business plans for the rest of the year and beyond. I see at least seven…

A UK-based think tank has cut its 2014 economic growth forecast for the Philippines, citing the lack of jobs in the country even as reconstruction work seen providing some boost.

MANILA, Philippines – The Philippines will have to further improve its business climate and ease foreign restrictions to allow more investments to come in if wants to grow its economy faster and reduce poverty significantly, according to a US-based analytics company.

MANILA, Philippines – The Philippines has shown marked improvement in the Global Competitiveness Index report of the World Economic Forum (WEF), jumping a total of 26 places since 2010.

Over the past year, more than 150 students and alumni of our HBS course “Building and Sustaining a Successful Enterprise” have worked together on the questions this article addresses, both in person and over an online collaboration platform. Click here to view an interactive map of this new approach to research.

The country is being heralded as the new Asian success story, but only an elite few reap the rewards. In a neighborhood of so-called “Asian tigers,” the Philippines has quietly emerged as the region’s newest economic darling. At 6.6 percent, the Filipino economy’s current GDP growth rate is the second highest in Asia, behind only…

Once the region’s perennial economic laggard, the Philippines is seen to stage a major comeback to be one of the top 3 economies in the region by 2030 ONCE A ‘LAGGARD.’ Philippine economy is seen to double in the next decade. File photo of Makati, the Philippines’ premier business districtONCE A ‘LAGGARD.’ Philippine economy is…

MANILA, Philippines—With his eye fixed on 2016, Vice President Jejomar Binay unveiled what appeared to be his economic platform in a bid to curry favor with the leaders of industry.

First of two parts MANILA, Philippines—The East Asia summit of the World Economic Forum (WEF) usually takes place in a country that’s shaping the story of the region for that particular year.

The Philippine economy will more than double in the next decade as earnings from overseas workers and business outsourcing surge, a respected US-based think-tank said Monday.

NOMURA, a leading financial services group, said the Philippines is poised to be the strongest-performing Southeast Asian economy, expecting gross domestic product (GDP) growth to accelerate to 6.8 percent next year, from 6.7 percent this year.

MANILA, Philippines – The Philippines has received a one-notch credit upgrade to BBB “with a stable outlook” from Standard & Poor’s Ratings Services – the highest the country has received so far from any credit ratings firm.

WASHINGTON – The Philippines made notable improvements in investment, business and monetary freedoms and control of government spending in the previous year, making its economy the 89th freest in the world.

The commemoration of Labor Day last week brings to mind the question of what policies bring about rising standards of living for labor. In the course of decades of Philippine development, labor’s condition has not improved as much as that of some outstanding East Asian neighbors.

THE INTERNATIONAL Monetary Fund (IMF) has made a renewed push for legislated fiscal measures, citing the need for reforms to widen the Philippine government’s revenue base.

MANILA, Philippines – Manila is among the world’s emerging cities likely to progress in the next two decades, according to a study by US-based consulting firm A.T. Kearney Inc.