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Philippines Monthly Economic Developments (September 2018) (English)

This newsletter includes the following headlines: Philippine Stock Exchange index (PSEi) declined significantly in the first week of September 2018 due to a mix of external and domestic factors; the Philippine peso depreciated in August after strengthening in July; headline inflation surged in August with increased food and energy prices; Balance of payment deficit widened in the first half of 2018 reaching 2.1 percent of GDP from 0.5 percent of GDP same period in 2017; the government posted a fiscal deficit in July as public spending growth outpaced revenue growth; unemployment declined further in July 2018, but underemployment continued to worsen; consumer confidence turned negative for the first time in two years and business confidence fell to its lowest since 2009 ... See More +

Newsletter 129959 SEP 01, 2018

Chua,Kevin C.; Cruz,Kevin Thomas Garcia; Endo,Isaku; Qian,Rong; Hansl,Birgit Disclosed

Philippines monthly economic developments (July 2018) (English)

The World Bank maintains its growth projection for the Philippines at 6.7 percent for 2018 and 2019. The Philippine Stock Exchange index (PSEi) contracted in June for the fifth consecutive month. ... See More +

Newsletter 128374 JUL 01, 2018

Chua,Kevin C.; Cruz,Kevin Thomas Garcia; Endo,Isaku; Qian,Rong; Hansl,Birgit; Diop,Ndiame Disclosed

Philippines economic update : investing in the future (English)

In 2017, the Philippines was among the top three growth performers in the East Asia region. Only Vietnam and China performed better. The Philippines growth performance slightly weakened in 2017 to 6.7 percent year-on-year from 6.9 percent in 2016. ... See More +

Working Paper 125309 APR 01, 2018

Hansl,Birgit; Diop,Ndiame; Chua,Kevin C.; Cruz,Kevin Thomas Garcia; Qian,Rong; Endo,Isaku; Demombynes,Gabriel; Luo,Xubei; Piza,Sharon Faye Alariao Disclosed

Philippines economic update : preserving consistency and policy commitment (English)

The Philippines Economic Update (PEU) summarizes key economic and social developments, important policy changes, and the evolution of external conditions over the past six months. ... See More +

Working Paper 120239 OCT 01, 2017

Hansl,Birgit; Diop,Ndiame; Chua,Kevin C.; Cruz,Kevin Thomas Garcia Disclosed

Philippines Mindanao jobs report : a strategy for Mindanao regional development (English)

This report adds value because its inclusive approach of engaging with a broad-based group of stakeholders at the time of both analysis and engagement has served a means of building support for needed reforms. ... See More +

Working Paper 117354 JUN 27, 2017

Hansl,Birgit Disclosed

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 +

Publication 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

Philippine economic update : moving full speed ahead - accelerating reforms to create more and better jobs (English)

The Philippine Economic Update (PEU) provides an update on key economic and social developments, as well as policies over the past six months. It also presents findings from recent World Bank studies on the Philippines. ... See More +

Working Paper 104611 APR 01, 2016

Cruz,Kevin Thomas Garcia; Limkin,Joseph Louie C.; Del Castillo,Noel Borja; Chua,Karl Kendrick Tiu; Van Den Brink,Rogier J. E.; Galang,Roberto Martin Nolan Disclosed

East Asia and Pacific - Economic update : growing challenges (English)

In the six months since the previous East Asia and Pacific (EAP) economic update, developing EAP has faced a challenging external environment. Financial market conditions in the region, however, have been volatile over much of the past 6 months, as in the rest of the world. ... See More +

Publication 104770 APR 01, 2016

Edwards,Kim Alan; Vashakmadze,Ekaterine T.; Solmaz,Serhat; Sun, Yan; Blum,Jurgen Rene; Taliercio,Robert R.; Rahardja,Sjamsu; Maliszewska,Maryla; Mishra,Deepak K.; Ariyapruchya,Kiatipong; Badiani-Magnusson,Reena Chandu; Batsuuri,Davaadalai; Beck,Hans Anand; Del Castillo,Noel Borja; Chen,Shaohua; Chua,Karl Kendrick Tiu; Cruz,Kevin Thomas Garcia; Davading,Somneuk; Demombynes,Gabriel; Dewina,Reno; Diaz-Bonilla,Carolina; Dinh,Viet Tuan; Diop,Ndiame; Eckardt,Sebastian; Fitrani,Fitria; Freije-Rodriguez,Samuel; Hein,Min Ye Paing; Vu,Linh Hoang; Kida,Mizuho; Kim,Jae Kyun; Knight,David Stephen; Krishnan,Nandini; Kularatne,Chandana; Lee,Taehyun; Limkin,Joseph Louie C.; Litwack,John; Ly,Sodeth; Mahajan,Sandeep; Martin, Miguel; Spatafora,Nikola L.; Hirano,Yumeka Disclosed

Policy options for liberalizing Philippine maritime cabotage restrictions (English)

The purpose of this policy note is to present reform options on cabotage liberalization. The goal of cabotage liberalization is to help i) foster more competition in the domestic shipping industry, ii) reduce shipping cost, and iii) improve efficiency, maritime services, and safety standards. ... See More +

Working Paper 105364 JUL 01, 2014

Chua,Karl Kendrick Tiu; Juco,Marianne N.; Cruz,Kevin Thomas Garcia; Sabarillo,Anthony; Mansour,Wael; Ablaza,Christine Marie; Dato, Nonong; Galang, Robby; Catangui,Gerlin May U.; San Luis,Melanie Marron; Lacerna, Tess Disclosed

Philippine economic update : pursuing inclusive growth through sustainable reconstruction and job creation (English)

Despite typhoon Yolanda and a string of natural disasters throughout 2013, Philippine economic growth accelerated to 7.2 percent in 2013. Higher growth was underpinned by the robust performance of consumption and services, and supported by the expansion of investments and manufacturing. ... See More +

Economic Updates and Modeling 83315 MAR 01, 2014

Chua,Karl Kendrick Tiu; Cruz,Kevin Thomas Garcia; Johnston,Amelia; Kaiser,Kai-Alexander; Limkin,Joseph Louie C.; Mariano,Paul A.; Sabarillo,Anthony Disclosed

Title Document Date Report No. Document Type Also available in
Philippines Monthly Economic Developments (September 2018) (English)
See More +
SEP 01, 2018 129959 Newsletter
Philippines monthly economic developments (July 2018) (English)
See More +
JUL 01, 2018 128374 Newsletter
Philippines economic update : investing in the future (English)
See More +
APR 01, 2018 125309 Working Paper
Philippines economic update : preserving consistency and policy commitment (English)
See More +
OCT 01, 2017 120239 Working Paper
Philippines Mindanao jobs report : a strategy for Mindanao regional development (English)
See More +
JUN 27, 2017 117354 Working Paper
East Asia and Pacific economic update : sustaining resilience (English)
See More +
APR 01, 2017 116330 Publication
Philippines monthly economic developments (December 2016) (English)
See More +
DEC 01, 2016 111049 Newsletter
Philippines monthly economic developments (November 2016) (English)
See More +
NOV 01, 2016 110260 Newsletter
Philippine economic update : moving full speed ahead - accelerating reforms to create more and better jobs (English)
See More +
APR 01, 2016 104611 Working Paper
East Asia and Pacific - Economic update : growing challenges (English)
See More +
APR 01, 2016 104770 Publication
Policy options for liberalizing Philippine maritime cabotage restrictions (English)
See More +
JUL 01, 2014 105364 Working Paper
Philippine economic update : pursuing inclusive growth through sustainable reconstruction and job creation (English)
See More +
MAR 01, 2014 83315 Economic Updates and Modeling