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Philippine economy expands 6.2 percent, 2nd best in Asia

The Philippine economy has expanded by 6.2%, the second-best growth rate in Asia. The July-September economic performance of the country reported by the Philippine Statistics Authority (PSA) on Thursday indicated that the gross domestic product...

Philippines surges 29 notches in World Bank’s “Doing Business 2020” Report

The Philippines surged 29 notches to the 95th rank in World Bank's (WB) “Doing Business 2020” Report released in October, indicating the regulatory environment in the country is more conducive to the starting and...
Philippines recorded most positivity

Philippines records positive growth in consumer confidence, convenience channels

The Philippines has recorded positive growth in consumer confidence and convenience channels, pointing at the country as among Southeast Asia's Tiger Cub economies. The latest Nielsen Asia Pacific report titled "Small But Mighty: Seizing Untapped...
INSEAD's Global Innovation Index

Philippines soars 19 notches in Cornell University & INSEAD’s Global Innovation Index

The Philippines soared 19 notches up the rankings in the latest edition of the annual Global Innovation Index (GII) released by Cornell University & INSEAD, marking the biggest jump among Southeast Asian nations. The Philippine...

Philippine economy to accelerate growth in 2020, HSBC predicts

The Philippine economy will witness faster economic growth in 2020, according to Hong Kong and Shanghai Banking Corporation's (HSBC) ASEAN economist Joseph Incalcaterra. The British bank's chief economist said a 6.4 percent growth rate may...

Philippines rises from bottom rank to top 10 sustainable trade economies

The Philippines has escaped the lower ranking for Asian trade economies and rose to the top 10 of sustainable economies ranked by Hinrich Foundation Sustainable Trade Index.

PHL economy remains vibrant, still one of Asia’s fastest growing

Strong government spending and household consumption continues to be the engine that's driving the Philippine economy northbound.

IMF forecasts PHL as 2nd fastest growing economy in the world

The Philippines is viewed to be the second fastest growing economy in the world, and the fastest in South East Asia according to the latest IMF World Economic Outlook.

ADB: Philippine economy in golden age of growth

The Asian Development Bank is bullish on the Philippines. The Manila-based multilateral lender says the Southeast Asian economy is experiencing a unique period of growth.

Philippine Economy Expands More Than 6% for Sixth Consecutive Year

by Bloomberg's Cecilia Yap and Siegfred Alegado The Philippines retained its position as one of the world's fastest-growing economies after expansion exceeded 6 percent for a sixth consecutive year. Gross domestic product increased 6.7 percent in...

Asian Development Bank raises Philippine growth forecast in 2017/18

The Asian Development Bank has upgraded the Philippines growth outlook this year from 6.5% to 6.7% and from 6.7% to 6.8% in 2018. The Manila-based ADB said strong household consumption, manageable inflation and infrastructure investment...

Philippine economy sizzles in Q3 growing 6.9%, one of Asia’s best

The Philippine economy grew by 6.9% from July to September 2017, beating analysts expectations and overtaking China in growth again. The country’s Q3 Gross Domestic Product (GDP) surpassed the midyear growth rate of 6.5 percent,...

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