Economy

IMF keeps PH’s 2019 GDP forecast at 5.7%

The International Monetary Fund (IMF) maintained its 2019 growth forecast for the Philippines at 5.7%. The agency also raised their 2020 projection from 6.2% to 6.3%. IMF Mission Chief Thomas Helbling...

Secretary Dominguez cites efforts of Ambassador Zhao in enhancing PHL-China economic ties

PR Finance Secretary Carlos Dominguez III has cited the key role played by outgoing Chinese Ambassador to the Philippines Zhao Jianhua in reinvigorating bilateral relations between the Philippines and China, as well...

PH economy grows 6.2% in Q3

The Philippine Statistics Authority and National Economic Development Authority (NEDA) announced that in view of the speedy government spending, the Philippines augmented its third quarter, 2019 gross domestic product (GDP) to...

October 2019 inflation eases to 0.8%

The country's inflation, the price movement of goods and services, was tagged at 0.8% in October 2019, the lowest since May 2016, says the Philippine Statistics Authority (PSA). This was attributed...

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