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East Asia and Pacific economic update : sustaining resilience (English)

Growth in developing East Asia and Pacific (EAP) continues to be resilient and in line with previous expectations. Already robust domestic demand has been supported by some pickup in external demand and the gradual recovery in commodity prices. ... See More +

Working Paper 116330 APR 01, 2017

Vashakmadze,Ekaterine T.; Kehayova,Vera Vencheva; Moroz,Harry Edmund; Testaverde,Mauro; Cassou,Emilie; Jaffee,Steven M.; Ru,Jiang; Stamm,Diane; Adriani,Magda; Ariyapruchya,Kiatipong; Badiani-Magnusson,Reena Chandu; Batsuuri,Davaadalai; Beck,Hans Anand; Castaneda Aguilar,Raul Andres; Chen,Shaohua; Chen,Derek Hung Chiat; Chua,Kevin C.; Cruz,Kevin Thomas Garcia; Davading,Somneuk; Demombynes,Gabriel; Dewina,Reno; Dinh,Viet Tuan; Eckardt,Sebastian; Edwards,Kim Alan; Fitrani,Fitria; Freije-Rodriguez,Samuel; Halstead,Imogen Cara; Vu,Linh Hoang; Kida,Mizuho; Kim,Jae Kyun; Knight,David Stephen; Krishnan,Nandini; Kularatne,Chandana; Lain,Jonathan William; Lee,Taehyun; Litwack,John; Luo,Xubei; Ly,Sodeth; Martin, Miguel; Mejia-Mant, Carolina; Mileva,Elitza Alexandrova; Mohib,Saiyed Shabih Ali; Moreno Herrera,Laura Liliana; Munoz Moreno,Rafael; Najdov,Evgenij; Nguyen,Minh Cong; Pan,Lucy; Phimmahasay,Keomanivone; Pimhidzai,Obert; Piza,Sharon Faye Alariao; Purnamasari,Ririn Salwa; Rab,Habib Nasser; Revilla,Julio E.; Orton Romero,Carlos Rafael; Teh Sharifuddin,Shakira Binti; Sharma,Manohar; Shiilegmaa,Altantsetseg; Simler,Kenneth; Stephan,David Andrew; Tong,Kimsun; Zin,May Thet; Uochi,Ikuko; Utz,Robert Johann; Wai-Poi,Matthew Grant; Wihardja,Maria Monica; Yang,Judy; Yee Amezaga,Karla Mirari; Zhao,Luan Disclosed

Philippines monthly economic developments (December 2016) (English)

This newsletter includes the following headings: the World Bank upgraded the Philippines growth projection for 2016 from 6.4 percent to 6.8 percent, and for 2017 from 6.2 percent to 6.9 percent, given higher-than-expected third quarter growth and improved outlook assumptions; in October, manufacturing activities continued to expand, pushing utilization levels near full capacity; remittances remain a key growth driver as both personal and cash remittances reached their highest levels so far; prospect of an interest rate hike by the US Federal Reserve resulted in losses in the local stock index and contributed to a weakening peso; inflation inched up further in November driven by increasing food and utility prices; the banking system continues its expansion through strong credit growth, and Philippine banks received a stable outlook rating from fitch ratings on December 8; the fiscal balance weakened in January-October as expenditure growth continued to outstrip revenue growth. ... See More +

Newsletter 111049 DEC 01, 2016

Hansl,Birgit; Chua,Kevin C.; Cruz,Kevin Thomas Garcia; Mylenko,Nataliya Disclosed

Philippines monthly economic developments (November 2016) (English)

This newsletter includes the following headings: the World Bank Philippines’ growth outlook is positive with upside risks; in September, manufacturing activities continued to expand with several sectors working close to full capacity; the banking system shows ample liquidity and strong credit growth; October headline inflation was steady while food inflation inched up further impacted by adverse weather conditions; the national government deficit widened in January-September as expenditure growth outpaced revenue growth; and poverty fell significantly in 2015, as improved employment outcomes, incomes, and social welfare programs lifted 1.8 million Filipinos out of poverty since 2012. ... See More +

Newsletter 110260 NOV 01, 2016

Hansl,Birgit; Chua,Kevin C.; Cruz,Kevin Thomas Garcia; Mylenko,Nataliya Disclosed