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Philippines Monthly Economic Developments (November 2019) (English)

This newsletter includes the following headlines: The Philippine economy grew by over six percent in Q3 2019, Trade contracted for the sixth consecutive month in September and Public spending growth surged in September, driven by a significant uptick in public infrastructure growth. ... See More +

Newsletter 144010 NOV 01, 2019

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

Philippines Monthly Economic Developments (October 2019) (English)

This newsletter includes the following headlines: Due to heightened global uncertainties and slowdown in investment spending, growth will be lower than expected; Manufacturing output declined for the ninth consecutive month in August; Inflation easing continued in September, prompting further monetary policy loosening. ... See More +

Newsletter 142841 OCT 01, 2019

Qian,Rong; Cruz,Kevin Thomas Garcia; Gomez,Ray Cristofer Cipriano; Enriquez,Karen Annette Lazaro; Song,Jiyoung; Endo,Isaku; Diop,Ndiame Disclosed

Making Payments More Efficient for the Philippines Conditional Cash Transfer Program (English)

The Pantawid Pamilyang Pilipino Program (Pantawid Pamilya) has rapidly expanded to become the largest social protection and human development program in the Philippines. ... See More +

Working Paper 142350 SEP 29, 2019

Garcia Garcia Luna,Jose Antonio; Endo,Isaku; De Guzman,Aisha Lanette N.; Okamura,Yuko; Acosta,Pablo Ariel Disclosed

Philippines Monthly Economic Developments (September 2019) (English)

This newsletter includes the following headlines: Food manufacturing expanded for the first time in nearly a year in July, but overall manufacturing output contracted for the eighth consecutive month, The trade deficit expanded despite the contraction of imports in July 2019, Inflation fell below central bank's target in August 2019. ... See More +

Newsletter 142006 SEP 01, 2019

Qian,Rong; Cruz,Kevin Thomas Garcia; Gomez,Ray Cristofer Cipriano; Enriquez,Karen Annette Lazaro; Song,Jiyoung; Endo,Isaku; Diop,Ndiame Disclosed

Philippines Monthly Economic Developments (August 2019) (English)

This newsletter includes the following headlines: In the Second Quarter of 2019, the Philippine economy expanded by its slowest pace in over four years, driven by a major contraction in investment largely driven by delayed budget approval and spending ban due to the elections, weakness in manufacturing sector's persisted in June 2019, inflation further eased in July to its slowest pace in two years. ... See More +

Newsletter 140903 AUG 01, 2019

Qian,Rong; Chua,Kevin C.; Cruz,Kevin Thomas Garcia; Gomez,Ray Cristofer Cipriano; Enriquez,Karen Annette Lazaro; Song,Jiyoung; Endo,Isaku; Diop,Ndiame Disclosed

Philippines Monthly Economic Developments (July 2019) (English)

This Philippines Monthly Economic Developments Newsletter includes some of the following headlines: manufacturing output contracted again in May, the Philippine Stock Exchange index marginally rose, and the peso appreciated in June, headline inflation declined in June following a slight uptick in May, the government registered a fiscal surplus in May as expenditures remained muted. ... See More +

Newsletter 139607 JUL 01, 2019

Chua,Kevin C.; Cruz,Kevin Thomas Garcia; Gomez,Ray Cristofer Cipriano; Enriquez,Karen Annette Lazaro; Song,Jiyoung; Endo,Isaku; Diop,Ndiame Disclosed

Philippines Monthly Economic Developments (June 2019) (English)

This Philippines Monthly Economic Developments Newsletter includes some of the following headlines: manufacturing output continued its contraction for the fifth month in April, budget balance was positive in April as expenditures contracted by double digits, inflation picked up in May after consecutive declines since October 2018, driven by higher prices for vegetables, meat and fish, unemployment and underemployment recorded improvements in April 2019. ... See More +

Newsletter 138599 JUN 01, 2019

Qian,Rong; Chua,Kevin C.; Cruz,Kevin Thomas Garcia; Gomez,Ray Cristofer Cipriano; Enriquez,Karen Annette Lazaro; Song,Jiyoung; Endo,Isaku; Diop,Ndiame Disclosed

Philippines Monthly Economic Developments (April 2019) (English)

This Philippines Monthly Economic Developments Newsletter includes some of the following headlines: THE World Bank projects economic growth to recover to 6.4 percent in 2019; 5.7 million Filipinos were lifted out of poverty between 2015 and 2018; the national government registered a budget deficit in February, reversing the surplus of January. ... See More +

Newsletter 136399 APR 01, 2019

Qian,Rong; Chua,Kevin C.; Cruz,Kevin Thomas Garcia; Enriquez,Karen Annette Lazaro; Gomez,Ray Cristofer Cipriano; Endo,Isaku; Diop,Ndiame Disclosed

Philippines Monthly Economic Developments (March 2019) (English)

This Philippines Monthly Economic Developments Newsletter includes some of the following headlines: inflation slowed down for the fourth consecutive month in February; merchandise exports contracted for the third consecutive month in January, while merchandise import growth remained subdued; and the Philippine Stock Exchange index retreated to below 8,000 in February. ... See More +

Newsletter 135683 MAR 01, 2019

Qian,Rong; Chua,Kevin C.; Cruz,Kevin Thomas Garcia; Enriquez,Karen Annette Lazaro; Gomez,Ray Cristofer Cipriano; Endo,Isaku; Diop,Ndiame Disclosed

Philippines Monthly Economic Developments (January 2019) (English)

The headline inflation rate dropped to 5.1 percent in December, putting the full-year inflation rate above the central bank's target range. The Consumer Price Index (CPI) slowed from 6.0 percent in November to 5.1 percent in December, year-on-year. ... See More +

Newsletter 133927 JAN 01, 2019

Qian,Rong; Cruz,Kevin Thomas Garcia; Enriquez,Karen Annette Lazaro; Endo,Isaku; Diop,Ndiame Disclosed

Philippines Monthly Economic Developments (December 2018) (English)

The Philippines registered its widest merchandise trade deficit in October as imports continued its strong expansion and export growth remains subdued. ... See More +

Newsletter 133111 DEC 01, 2018

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

Philippines Monthly Economic Developments (November 2018) (English)

This newsletter includes the following headlines: Philippine economic growth moderated to 6.1 percent year-to-year in the third quarter; The services sector drove economic growth while the agriculture sector underperformed; While manufacturing growth slowed in September, it is projected to accelerate in the next few month; A surge in imports and a contraction in exports resulted in the widest merchandise trade gap so far in 2018; Headline inflation held steady in October while food inflation moderated for the first time since May; The Philippine peso appreciated 1-2 percent month-on-month in October from Php/USD 54.25 to Php/USD 53.61; The fiscal deficit widened in the first three quarters of 2018. as rapid expenditure growth outpaced revenue growth. ... See More +

Newsletter 132260 NOV 01, 2018

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

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

The decline in access to correspondent banking services in emerging markets : trends, impacts, and solutions - lessons learned from eight country case studies (English)

To move funds internationally, banks rely on correspondent banking relationships (CBRs), roughly defined as the provision of banking services by one bank (the correspondent) to another bank (the respondent). ... See More +

125422 JAN 01, 2018

Chatain,Pierre-Laurent; Van Der Does De Willebois,Emile J. M.; Gonzalez Del Mazo,Ines; Valencia,Ricardo David; Aviles,Ana Maria; Karpinski,Karol; Goyal,Sameer; Corazza,Carlo; Malik,Priyani; Endo,Isaku; Eckert,Sue E.; Abel,Don Disclosed

Greenback 2.0 Johor Bahru Report : migrant workers' remittances from Malaysia (English)

"Project Greenback 2.0 –Johor Bahru" is the product of a partnership between the World Bank and Bank Negara Malaysia, aimed at supporting the development of an efficient and transparent remittances market. ... See More +

Working Paper 120760 JUN 01, 2017

Endo,Isaku; De Smet,Dieter J Disclosed

The Qatar-Nepal remittance corridor : enhancing the impact and integrity of remittance flows by reducing inefficiencies in the migration process (English)

Remittance inflows play a crucial role in Nepal's economy. Officially recorded remittances already amounted to almost a quarter of the Gross Domestic Product (GDP) in 2009. ... See More +

Publication 63405 JUL 18, 2011

Endo, Isaku; Afram, Gabi G. Disclosed

Uganda's remittance corridors from United Kingdom, United States, and South Africa : challenges to linking remittances to the use of formal services (English)

The purpose of this study is to gather a broad spectrum of remittance data related to Uganda and the three remittance corridors and compile such information in a comprehensive report with a view to sharing knowledge and expertise. ... See More +

Publication 58012 NOV 11, 2010

Endo, Isaku; Namaaji, Jane; Kulathunga, Anoma Disclosed

The U.S.- Honduras remittance corridor : acting on opportunities to increase financial inclusion and foster development of a transnational economy (English)

This report on the U.S.- Honduras remittance corridor describes the remittance regulatory and market environment, financial inclusion strategies by financial institutions, transnational economic activities, and the impacts of remittances on the Honduran economy. ... See More +

Publication 52103 MAR 12, 2010

Endo, Isaku; Hirsch, Sarah; Rogge, Jan; Borowik, Kamil Disclosed

Title Document Date Report No. Document Type Also available in
Philippines Monthly Economic Developments (November 2019) (English)
See More +
NOV 01, 2019 144010 Newsletter
Philippines Monthly Economic Developments (October 2019) (English)
See More +
OCT 01, 2019 142841 Newsletter
Making Payments More Efficient for the Philippines Conditional Cash Transfer Program (English)
See More +
SEP 29, 2019 142350 Working Paper
Philippines Monthly Economic Developments (September 2019) (English)
See More +
SEP 01, 2019 142006 Newsletter
Philippines Monthly Economic Developments (August 2019) (English)
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AUG 01, 2019 140903 Newsletter
Philippines Monthly Economic Developments (July 2019) (English)
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JUL 01, 2019 139607 Newsletter
Philippines Monthly Economic Developments (June 2019) (English)
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JUN 01, 2019 138599 Newsletter
Philippines Monthly Economic Developments (April 2019) (English)
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APR 01, 2019 136399 Newsletter
Philippines Monthly Economic Developments (March 2019) (English)
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MAR 01, 2019 135683 Newsletter
Philippines Monthly Economic Developments (January 2019) (English)
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JAN 01, 2019 133927 Newsletter
Philippines Monthly Economic Developments (December 2018) (English)
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DEC 01, 2018 133111 Newsletter
Philippines Monthly Economic Developments (November 2018) (English)
See More +
NOV 01, 2018 132260 Newsletter
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
The decline in access to correspondent banking services in emerging markets : trends, impacts, and solutions - lessons learned from eight country case studies (English)
See More +
JAN 01, 2018 125422
Greenback 2.0 Johor Bahru Report : migrant workers' remittances from Malaysia (English)
See More +
JUN 01, 2017 120760 Working Paper
The Qatar-Nepal remittance corridor : enhancing the impact and integrity of remittance flows by reducing inefficiencies in the migration process (English)
See More +
JUL 18, 2011 63405 Publication
Uganda's remittance corridors from United Kingdom, United States, and South Africa : challenges to linking remittances to the use of formal services (English)
See More +
NOV 11, 2010 58012 Publication
The U.S.- Honduras remittance corridor : acting on opportunities to increase financial inclusion and foster development of a transnational economy (English)
See More +
MAR 12, 2010 52103 Publication