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Mar 7, 2024 · The Philippines is expected to grow by 5 to 6 percent in 2024, driven by various sectors such as financial services, energy, healthcare, and IT-BPO. The article explores the opportunities and challenges for each sector and the scenarios for growth across the economy.
Mar 19, 2024 · The Philippines has been one of the most dynamic economies in East Asia and Pacific, with strong consumer demand and robust remittances. The country is recovering from the COVID-19 pandemic and pursuing reforms to boost investment and income per capita.
Jan 26, 2023 · The Philippines has recorded its strongest economic growth in more than 40 years, defying a global slowdown and rising inflation after lifting all pandemic restrictions at the end of last...
- Mercedes Ruehl
Jan 31, 2024 · The Philippines finished strong in 2023 with a full-year gross domestic product (GDP) growth rate of 5.6 percent, outpacing major economies in Asia, such as China (5.2 percent), Vietnam (5.0 percent), and Malaysia (3.8 percent) based on the latest available data.
Jun 14, 2023 · Philippine Economy. Robust domestic demand fueled 6.4 percent growth in the first quarter of 2023, countering weaker global demand. After peaking in early 2023 inflation fell to 6.1 percent in May after the BSP tightened monetary policy, although it remains well above peer countries in ASEAN.
Apr 4, 2023 · The Asian Development Bank expects the Philippine economy to moderate to 6% this year and 6.2% next year, despite inflation pressures and external risks. It cites rising domestic demand, tourism recovery, and public infrastructure spending as drivers of growth.
The World Bank publishes biannual reports on the Philippine economy, covering key developments, policy changes, and challenges. The latest report (December 2023) focuses on safe water and sanitation, while the previous report (June 2023) covers clean energy and digital economy.
