Projections

By Pia Lee-Brago (The Philippine Star), September 13, 2016 The Philippines is expected to have the fastest growth for the second year in a row among the five major economies of the Association of Southeast Asian Nations (ASEAN-5) in 2017. File photo MANILA, Philippines – The Philippines is expected to have the fastest growth for…

http://www.bworldonline.com/content.php?section=TopStory&title=Millions-of-SE-Asian-jobs-may-be-lost-to-automation-in-next-20-years—-ILO&id=130091 SINGAPORE — More than half of workers in five Southeast Asian countries are at high risk of losing their jobs to automation in the next two decades, an International Labor Organization (ILO) study found, with those in the garments industry particularly vulnerable.

By Prinz Magtulis (The Philippine Star), July 6, 2016 MANILA, Philippines – Growth targets and other macroeconomic assumptions were slashed yesterday as the new administration opted to be “conservative” despite planned aggressive spending focused on infrastructure. Gross domestic product (GDP), the sum of all products and services created, is targeted to rise between six and…

By: Joseph Jadway D. Marasigan @inquirerdotnet, July 1st, 2016 Twenty years ago, we didn’t have social media. Ten years before then, we didn’t have the web. If you work in web programming, online marketing, or mobile apps development, your job didn’t exist 20 years ago. Who knows the kind of jobs that will exist, say,…

by Robert M. Goldman MD, PhD, DO, FAASP www.DrBobGoldman.com World Chairman-International Medical Commission Co-Founder & Chairman of the Board-A4M Founder & Chairman-International Sports Hall of Fame Co-Founder & Chairman-World Academy of Anti-Aging Medicine President Emeritus-National Academy of Sports Medicine (NASM) Chairman-U.S. Sports Academy’s Board of Visitors FREE Health Longevity info newsletter at: www.WorldHealth.net In 1998, Kodak…

By: Ben O. de Vera, @BenArnolddeVera, Philippine Daily Inquirer, June 9th, 2016 Philippine economic growth would outperform those of its peers in the region this year on the back of robust domestic demand despite a weak global economy, according to the World Bank.

by Ben O. de Vera, @BenArnolddeVera, Philippine Daily Inquirer, May 16th, 2016 THE ECONOMY likely expanded at a faster pace during the first quarter partly on the back of election spending, but the incoming administration must put clarity as far as its economic agenda was concerned to sustain robust growth for the rest of the…

By Lawrence Agcaoili (The Philippine Star), May 4, 2016, http://www.philstar.com/business/2016/05/04/1579478/imf-outlook-2016-philippine-growth-seen-fastest-asean MANILA, Philippines – The economic growth in the Philippines would remain robust on the back of resilient domestic demand, the International Monetary Fund (IMF) said.

This article is published in collaboration with IMF Direct. by Maurice Obstfeld, 13 April 2016, https://www.weforum.org/agenda/2016/04/the-imf-these-are-the-biggests-risks-to-growth/?utm_content=buffer20944&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer Global growth continues, but at an increasingly disappointing pace that leaves the world economy more exposed to negative risks. Growth has been too slow for too long. The new World Economic Outlook released today anticipates a slight acceleration in…

by Maurice Obstfeld, 13 April 2016, https://www.weforum.org/agenda/2016/04/the-imf-these-are-the-biggests-risks-to-growth/?utm_content=buffer20944&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer Global growth continues, but at an increasingly disappointing pace that leaves the world economy more exposed to negative risks. Growth has been too slow for too long.

THE PHILIPPINE ECONOMY is poised to expand faster than regional averages in the next two years, according to the Asian Development Bank’s (ADB) latest projections, even as forecasts were clipped in the face of a “highly uncertain” external environment that weighed on prospects across the region.

MANILA, Philippines – Moody’s Investors Service said domestic demand-driven economies among member countries of the Association of Southeast Asian Nations (ASEAN) led by the Philippines are expected to grow faster than export-oriented economies in the next two years.

MANILA, Philippines – The Philippine economy is expected to sustain the gains from the previous quarter on the back of strong government spending and election-related consumption, the National Economic and Development Authority (NEDA) said yesterday.

Written by Joe Myers, 29 February 2016, https://www.weforum.org/agenda/2016/02/these-scientists-have-predicted-which-jobs-will-be-human-only-in-2035?utm_content=buffer71981&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer By 2035, workplace changes will see us looking for jobs as remote pilots or online chaperones.

Emerging markets in Asia and Africa still reign supreme: They’re at the top of global growth projections over the next two years. The world is expected to grow 3.2 percent in 2015 and 3.7 percent next year after expanding 3.3 percent in each of the past two years, according to a Bloomberg survey of economists.…

Central banks’ ultra-loose monetary policy is putting the world economy at risk, said William White, a senior adviser to the Organisation for Economic Co-operation and Development (OECD).

Despite its optimism on the local economy’s dynamics, the International Monetary Fund (IMF) has revised downward its Philippine growth outlook for this year, as the region’s sluggish performance and the global economy continued to drag the country’s potential growth going forward.

The social and economic implications of an aging population are becoming increasingly apparent in many industrialized nations around the globe. With populations in places such as North America, Western Europe and Japan aging more rapidly than ever before, policymakers are confronted with several interrelated issues, including a decline in the working-age population, increased health care…

2015 was a very rough year for the world economy, and it may not let up in 2016. The headwinds facing many national economies are getting stronger, rather than weakening, and that is having an impact on the world economy. In this article, we will look at five financial threats to watch out for in…

Philippine economic growth is forecast to slow to 5.8 percent in 2015 before recovering to 6.4 percent this year, the World Bank said in its latest report.

The Philippine economy is expected to post growth of above 6 percent in the next three years, according to the World Bank. In its Global Economic Prospects (GEP) report, the Washington-based lender said the economy is expected to post a 6.4-percent growth in 2016 on the back of the May elections. Growth, however, is expected…

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) believes the country’s sound macroeconomic fundamentals would serve as inherent stabilizers to fend off external shocks brought about by the normalization of interest rates in the US and China’s economic slowdown.

MANILA, Philippines – The business process outsourcing (BPO) industry may soon overtake dollar remittances from overseas Filipinos in terms of revenues given the continued strong demand for office space, a real estate market consultancy firm said.

Global economic growth will be disappointing next year and the outlook for the medium-term has also deteriorated, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.

Global economic growth will be disappointing next year and the outlook for the medium-term has also deteriorated, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.

The uneven growth pace of economies in the world—particularly the country’s top trading and investment partners—remains as one of the major challenges from the external front for the Philippine economy going forward, while the possible effects of El Niño and the lingering infrastructure gap are the challenges seen as growth hurdles on the domestic side.

The International Monetary Fund, the global entity otherwise known as the IMF, recently made an important comment: “There is concrete risk of a world economy persistently mired in sub-par growth, with unacceptably high levels of poverty and unemployment.”

THE PHILIPPINES will remain among the fastest-growing economies in East Asia and the Pacific this year, the World Bank said in its latest flagship report, citing an improvement in what had weighed on the country’s output: government spending.

The Philippines’ business process outsourcing (BPO) sector will continue to thrive in the coming years. This was the prediction made by CB Richard Ellis (CBRE) Philippines Inc. Rick M. Santos, chair and chief executive officer who founded the company two decades ago.

The threat of El Niño to the farm sector—coupled with low demand for locally produced goods from the country’s major markets—would make it difficult for exporters to prop up their earnings in the remaining months of 2015, the National Economic and Development Authority (Neda) said on Friday.