emerging economies - updates

Rappler's latest stories on emerging economies


EBRD sounds warning for virus-hit emerging economies

May 13, 2020 - 2:00 PM

The European Bank for Reconstruction and Development warns that 'longer-term economic, political, and social effects' could deepen the painful downturn

EASING RESTRICTIONS. People walk on the waterfront of Thessaloniki, Greece, on May 1, 2020, after a month of banned access to the promenade. Photo by Sakis Mitrolidis/AFP

Submerged by debt: Emerging economies at risk from virus

Apr 07, 2020 - 8:45 PM

Many emerging economies were already in dire straits before anybody had heard of COVID-19. Their situation is now worse.

A labourer wearing a facemask carries a sack full of carrots at a vegetable market during a nationwide curfew imposed as a preventive measure against the spread of the COVID-19 novel coronavirus in Colombo on April 4, 2020. (Photo by ISHARA S. KODIKARA / AFP)

World Bank maintains PH 2016 growth forecast at 6.4%

Jan 07, 2016 - 4:13 PM

While unchanged the World Bank s forecast for the Philippines this year is below the government s growth target of 7 8

LOWER FORECAST. For 2015, the World Bank projects that the country grew by 5.8%, which is below the National Economic and Development Authority's full-year goal of 6%. File image from the World Bank website

China, US rate hike loom over global finance summit

Oct 02, 2015 - 8:02 PM

The prospect of rising US interest rates and China’s slowdown are contributing to uncertainty and higher market volatility the IMF chief says

BE CONCERNED. "There has been a sharp deceleration in the growth of global trade. And the rapid drop in commodity prices is posing problems for resource-based economies," says International Monetary Fund chief Christine Lagarde. File photo by EPA / Jim Lo Scalzo

PH less vulnerable to external shocks – Fitch

Oct 02, 2015 - 7:30 PM

The picture for emerging markets is not uniformly gloomy says Fitch

LESS EXPOSED, Fitch Asia-Pacific Sovereigns Head Andrew Colquhoun said the Philippines, India, and Vietnam are less exposed to the external risks that prompted the debt watcher to lower its global economic growth forecast to 2.3% this year. Photo from EPA

Indonesia awaits US interest rate rise

Sep 15, 2015 - 11:32 AM

The situation will recover the sooner the Fed makes a decision and then gives expectation to the market that they increase one or two times and then stop says the deputy governor at Indonesia s central bank

WAITING GAME. Indonesia and other emerging economies plea for end of US rates agony.

Stalling global corporate spending to remain weak: S&P

Jul 01, 2014 - 1:15 PM

Worldwide corporate investments are expected to dip this year stalling at around 3 3 trillion for 3 years in a row the agency says

STALLED. The fall in investment has been particularly hard in emerging countries, including China, where corporate spending is predicted to fall 4% this year after a similar slump in 2013. File photo by AFP PHOTO / WANG ZHAO

PH among 10 'new emerging countries'

Mar 26, 2014 - 12:56 PM

These countries are accelerating their development taking over as emerging economies from the powerful BRICS nations

Asian markets rebound amid upbeat manufacturing data

Aug 23, 2013 - 12:32 PM

This week has seen heavy selling in global markets boosting Asian economies amid US policy concerns