Chris Schnabel

A native Manileño, Chris spent a decade abroad learning as much as he could about the world and how narratives change from place to place.

He spent most of his time in California where he studied International Economics at the University of San Francisco, and in Beijing China where he studied Mandarin at Tsinghua University and worked as a teacher.

It was in China a couple of years ago where he began to feel the rumblings of optimism coming from home – rumblings that intrigued him enough to return and be a part of the Philippines' exciting growth story.

After a stint as a manager in logistics and shipping, Chris decided to take the plunge into journalism, which he believes provides the keenest and widest view of how economics and politics shape the world.

Chris covers all things business and economics for Rappler, a position that gives him a front row seat to the story of a country that is finally realizing its potential.

May 2018
BUSINESS 04:35pm, May 04, 2018
Ramon Ang: SMC can self-finance proposed P700-B Bulacan airport

MANILA, Philippines – San Miguel Corporation (SMC) is bullish on the prospects of its proposed new airport in Bulacan, saying it can even self-finance the P700-billion project. The National Economic ...

BUSINESS 10:15am, May 04, 2018
Philippine inflation rises to 4.5% in April 2018

MANILA, Philippines – Inflation, or the movement of prices of basic goods and services, rose to another 5-year high in April 2018. The Philippine Statistics Authority (PSA) announced on Friday, May ...

BUSINESS 08:20pm, May 03, 2018
Asian Terminals sets P8-billion port expansion program

MANILA, Philippines – Listed Asian Terminals Incorporated (ATI), the operator of the Manila South Harbor and the Batangas Container Terminal, is planning a multibillion-peso expansion program as the ...

BUSINESS 05:45pm, May 03, 2018
Aboitiz Equity Ventures net income up by 3% in Q1 2018

MANILA, Philippines – Aboitiz Equity Ventures Incorporated (AEV), the holding firm of the Aboitiz Group, saw a slight increase in its net income for the January to March period due to lower one-off ...

BUSINESS 04:50pm, May 03, 2018
SM City Urdaneta Central opens in Pangasinan on May 4

MANILA, Philippines – Listed SM Prime Holdings Incorporated, the real estate unit of the Sy family, is opening its second mall in the province of Pangasinan. SM Prime announced in a statement on ...

Apr 2018
BUSINESS 07:00pm, Apr 30, 2018
URC net income slides further in Q1 2018

MANILA, Philippines – Gokongwei-led food manufacturer Universal Robina Corporation (URC) saw its recent slide in net income continue in the 1st quarter of 2018, as a weak peso and inflation took a ...

BUSINESS 11:35pm, Apr 29, 2018
Landbank offers Philippine Stock Exchange P472M for PDSHC stake

MANILA, Philippines – State-run Land Bank of the Philippines (Landbank) took another step to control the bond market with an offer to purchase the stake of the Philippine Stock Exchange (PSE) in ...

BUSINESS 09:20pm, Apr 29, 2018
Metrobank net income up 5.3% in Q1 2018

MANILA, Philippines – Ty-led Metropolitan Bank & Trust Company (Metrobank) saw its net income rise in the first 3 months of the year, due to the sustained gains of its core businesses. Metrobank ...

BUSINESS 05:10pm, Apr 26, 2018
Cebu Pacific eyes 22 million passengers in 2018

MANILA, Philippines – Gokongwei-led Cebu Pacific set a high target for passengers this year despite the 6-month closure of Boracay, one of the country's top tourist draws. "Cebu Pacific aims to fly ...

BUSINESS 03:05pm, Apr 25, 2018
BDO to finance modern jeepneys

MANILA, Philippines – Sy family-led BDO Unibank Incorporated announced plans to finance the creation of modern and safer jeepneys as the government's public utility vehicle (PUV) modernization ...