Projections

THE PHILIPPINES may grow at its slowest pace of below 5 percent for the first time in five years in 2016 as faltering China could lead Asia into a “protracted” growth crisis and the global economy into a recession, economists from global banking giant Citi said.

THE World Bank is now less optimistic on the growth of the Philippine economy on account of the ill effects of El Niño and the negative impact of China’s slowdown on trade and tourism.

A farmer harvests rice on a field next to residential buildings on the outskirts of Hanoi. Asia’s growth outlook has taken a haircut from slowdowns in China and India as well as developed markets’ soft recovery, the Asian Development Bank (ADB) said in a new report, cutting its forecasts for the region.

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.

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.

WASHINGTON – China’s economic slowdown is having a broader impact on the global economy than originally expected, especially on emerging markets, the International Monetary Fund said late Wednesday.

The country’s GDP grew 5.6 percent in the second quarter of the year from 6.4 percent in the same quarter last year due to weak global demand and lack of government spending. Philstar.com/File MANILA, Philippines – Investment banks slashed the country’s economic growth forecast to below six percent despite picking up in the second quarter…

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.

Aug 28 After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S. interest rate hike and help tamp down the market’s recent wild swings.

The Philippines’s lack-luster economic per-formance rooted on the government’s poor spending has made the country’s 2015 growth targets impossible to meet, according to the National Economic and Development Authority (Neda).

More than 300 senior executives across the world’s most mature markets give us their take on the opportunities and challenges in HGMs.

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.

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…

Less than a decade ago, the world economy sank into the Great Recession: the deepest and most widespread downturn since the Great Depression of the 1920s and ’30s. Since the stock market crashed in 2008, recovery has been long and slow, marked by persistent bumps in the road along the way. Nonetheless, an economic recovery…

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.

The Philippines was deemed the most able to adopt to changes as well as tap resulting opportunities among lower middle-income countries, mainly on the back of governance reforms, according to a report of global audit, advisory and tax services firm KPMG and Oxford Economics.

SOUTHEAST ASIA could expand slower than earlier expected, in line with projected sluggishness elsewhere, the International Monetary Fund (IMF) yesterday said.

Income from outsourcing industry was at $18.9 billion in 2014, and is expected to grow by 15% to 18% every year, says Jose Mari Mercado, president of the Information Technology-Business Process Association of the Philippines

MANILA – The country’s information technology-business process outsourcing (IT-BPO) industry is on track to hit its 1.21 million employment target this year.

The Asian Development Bank (ADB) has cut its 2015 and 2016 growth forecasts for China and the rest of Asia, largely as a result of the slower than expected growth in the region’s largest economy and in developed economies elsewhere.

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.

(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…

                  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.

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…

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.

The Asian Development Bank has cut its economic growth forecast for developing Asia, citing weakness in region’s two largest economies China and India and jitters over plans to scale back United States stimulus that destabilised financial markets. The Manila-based lender says it expects the region’s emerging economies to grow by six per cent this year,…

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…

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.

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).

MANILA, Philippines – Philippine economic growth should accelerate this year despite increasing political risks ahead of the 2016 polls, UK-based Barclays said.