Projections

by Lawrence Agcaoili (The Philippine Star) – Apr 25, 2019 MANILA, Philippines — Fitch Ratings has slashed the country’s gross domestic product (GDP) growth forecasts for 2019 and 2020 due to the delayed passage of the 2019 national budget, the series of rate hikes by the Bangko Sentral ng Pilipinas (BSP) and the trade war…

By: Ben O. de Vera, Inquirer Business, Apr 24, 2019 World Bank economist: No risk of debt distress for Philippines, Asean MANILA, Philippines — Despite Chinese debt trap fears, Asean countries including the Philippines would unlikely have difficulty settling their obligations, an economist of the Washington-based multilateral lender World Bank said Wednesday.

By Bernie Cahiles-Magkilat, Manila Bulletin, Apr 6, 2019 The creative community has submitted an industry road that seeks to transform the Philippines as the number one creative economy in ASEAN by 2030 in terms of size and value of the creative industries as well as the competitiveness and attractiveness of Filipino talents and content in…

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By: Doris Dumlao-Abadilla, Philippine Daily Inquirer, Jan 30, 2019 The Philippines may see a slight improvement in economic growth and a drastic decline in inflation this 2019 after a challenging period last year, but the peso may resume a “gradual” depreciation to 55 against the US dollar through next year, economists from British banking giant…

by Mary Grace Padin, Czeriza Valencia (The Philippine Star) – Jan 26, 2019 MANILA, Philippines — The Philippine economy is unlikely to recover this year due to tighter monetary conditions, global trade tensions, and a “deteriorating” business environment, two global think tanks said in separate reports.

By: Ben O. de Vera, Inquirer Business, Jan 22, 2019 MANILA, Philippines – The United Nations (UN) said it expects Philippine economic growth to rebound this year as the government ramps up implementation of its ambitious “Build, Build, Build” infrastructure program.

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by Lawrence Agcaoili (The Philippine Star) – Nov 7, 2018 MANILA, Philippines — British banking giant HSBC and Maybank Kim Eng Group have slashed their economic growth forecasts for the Philippines amid tighter monetary conditions.

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by Ben O. de Vera, Philippine Daily Inquirer, Oct 16, 2018 Due to slower gross domestic product (GDP) growth in the first half, economic managers on Tuesday cut the target range for 2018 to 6.5-6.9 percent even as they unveiled strategies to boost economic expansion in the near term.

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by Lawrence Agcaoili (The Philippine Star) – Sept 26, 2018 MANILA, Philippines — ANZ Research further slashed its growth forecast for the Philippines to 6.5 percent this year, 6.4 percent next year and 5.9 percent in 2020.

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by BEN O. DE VERA, Philippine Daily Inquirer, Sep 04, 2018 The “Build, Build, Build” program is expected to help the economy grow at a slightly faster pace this year, with $19 billion in official development assistance (ODA) commitments from East Asian countries seen bolstering infrastructure development, Finance Secretary Carlos G. Dominguez III said.

By: Doris Dumlao-Abadilla – Reporter / @philbizwatcher Philippine Daily Inquirer, Aug 28, 2018 Despite some short-term concerns on inflation, the Philippines is still Southeast Asia’s outperformer and the recent stock market pullback has only opened fresh investment opportunities, Manulife’s top Asia fund manager said.

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The Bangko Sentral ng Pilipinas (BSP) has revised upwards its FDI inflow projection to $9.2 billion instead of $8.2 billion this year amid the anticipated higher net inflow and lower net outflow in the other investments account. by Lawrence Agcaoili (The Philippine Star) – Jun 18, 2018 MANILA, Philippines — The Philippines is seen booking…

The 9-year bull market will likely end in mid-2019 or 2020, says J.P. Morgan strategist David Kelly. “We got all this sugar rush of fiscal stimulus right now,” he says. “But it’s a sugar rush.” Kelly recommends international stocks for long-term investing. Kellie Ell, CNBC.com, Jun 14, 2018 The party might be over soon for…

Positive forecasts lead the public and private sector to ‘celebrate’ by borrowing more, says IMF paper By Georgi Kantchev, Jun 5, 2018 Good economic forecasts may be too much of a good thing: They could help cause a recession.

By CNN Philippines Staff, May 24, 2018 Metro Manila (CNN Philippines, May 23) — While optimism remains “excellent” in personal and economic prospects, less Filipinos see a brighter future ahead of them during the first quarter of 2018, according to the latest Social Weather Stations (SWS) survey.

By: Ben O. de Vera, Philippine Daily Inquirer, May 09, 2018 The International Monetary Fund (IMF) has further raised its inflation forecasts for the Philippines in the next two years such that the multilateral lender cautioned monetary authorities to carefully watch the recent faster rate of increase in prices of basic goods.

By: Daxim L. Lucas, Philippine Daily Inquirer, Apr 24, 2018 Amid criticism that it failed to act preemptively to keep price hikes in check, the Bangko Sentral ng Pilipinas on Tuesday gave the strongest indication yet that it is ready to increase its key interest rate in a bid to rein in inflation which currently…

by Doris Dumlao-Abadilla, Inquirer, Feb 12, 2018 Manila was likewise identified by JLL as one of the “Emerging Megacities” The Philippine economy may grow at a faster pace of 6.7 percent during the six-year term of the Duterte administration as government spending intensifies with the rollout of big-ticket infrastructure projects, an economist at Dutch financial…

BY MAYVELIN U. CARABALLO, Manila Times, Jan 11, 2018 Philippines will continue to outpace many of its Southeast Asian neighbors in terms of economic growth, the World Bank said as it released estimates for this year up to 2020.