PH GDP contracts 0.2% in Q1; COVID-19 pandemic ends 84 -quarter growth streak
This photo taken on January 29, 2019 shows a general view of the skyline of the financial district of Makati in Manila. (Photo by Ted ALJIBE / AFP) MANILA, Philippines…
Vietnam’s digital economy expected to add 30% to GDP by 2030
A customer scans a QR code to make a payment. Photo baotintuc.vn via Viet Nam News/Asia News Network HANOI — Vietnam wants to raise the digital economy’s contribution to gross…
Flat growth or 0.8% GDP contraction seen in 2020
The Duterte administration’s chief economic manager on Wednesday said the extension of the enhanced community quarantine in Luzon would result in “zero to possibly negative 0.8-percent” growth in 2020.“Definitely businesses…
Asean think tank sees COVID-19 pushing 2020 PH GDP growth down to 4.5 percent
The regional economic think tank Asean+3 Macroeconomic and Research Office (Amro) has cut its 2020 growth forecast for the Philippines to 4.5 percent as the entire region reels from the…
WB: COVID-19 froze trade, commerce worth 70 percent of PH GDP
Lockdowns of entire communities that froze trade and commerce worth about 70 percent of gross domestic product in the Philippines should be matched with rapid testing, tracking of carriers and…
GDP growth projected to slide to 2.6% in 2020
The Washington-based global financial industry association Institute of International Finance (IIF) expects the Philippines’ economic growth to slide to 2.6 percent in 2020 while expansion across emerging market (EM) Asia…