inclusive growth - updates

Rappler's latest stories on inclusive growth


MSMEs must benefit from free trade, Robredo tells ASEAN businessmen

Nov 14, 2017 - 7:20 PM

Vice President Leni Robredo says technology is a 'wild card' that both rich and poor countries must learn to decode to help small-scale entrepreneurs

INCLUSIVE GROWTH. Vice President Leni Robredo speaks at the ASEAN Business and Investment Summit on November 14. Photo by Angie de Silva/Rappler

PH to receive $366M dev’t loan from ADB, France

Nov 01, 2017 - 3:24 PM

The loan is intended for inclusive growth programs with target disbursement late this year or early next year, says the Department of Finance

Redirecting TRAIN against inequality

Oct 04, 2017 - 7:13 PM

Channeling resources toward sectors and regions with many economically disconnected poor and low-income Filipinos will allow tax reform to bring about inclusive growth

Business, gov't leaders discuss infrastructure for inclusive growth in ADB annual meeting

May 04, 2017 - 11:01 AM

The theme of the 50th ADB Annual Meeting held in Yokohama is Building Together the Prosperity of Asia as executives discuss solutions to achieving sustainable growth in the region

ANNUAL MEETING. ADB President Takehiko inspects the facilities of Pacifico Yokohama, the venue for ADB's 50th Annual Meeting. Photo from ADB

Create pro-poor business models, Robredo tells ASEAN businessmen

Apr 28, 2017 - 3:35 PM

While the number of Asian billionaires are growing ASEAN is still home to many of the world’s poor Vice President Leni Robredo tells ASEAN business leaders and policy makers

 Vice President Leni Robredo delivers a speech during the ASEAN Prosperity for All Summit held at the City of Dreams in Pasay City last April 28, 2017. In her speech, she mentioned that real prosperity can be achieved if we worK together in empowering, the last, the least and the lost. Photo by OVP

Can conglomerates foster inclusive development in PH?

Apr 03, 2017 - 10:00 AM

The country faces a dilemma in development as it strives to achieve growth and progress amid distress and poverty

DILEMMA. The Philippines is one of the fastest growing economies despite having the third highest poverty incident rate in ASEAN.

Kampanya kontra droga hadlang sa makamasang kaunlaran

Mar 31, 2017 - 5:44 PM

Walang saysay ang paglago ng ekonomiya kung hindi makikinabang dito ang mahihirap dahil sila ay walang habas na pinapaslang sa mga kalsada

Why the drug war thwarts our pursuit of inclusive growth

Mar 25, 2017 - 8:30 AM

The drug war not only threatens to slow down growth but also qualifies as one of the most anti poor policies in recent Philippine history

NEDA Board approves dev't plan, vows 'inclusive growth' under Duterte

Feb 21, 2017 - 5:00 PM

Through the Philippine Development Plan 2017 2022 the Duterte administration aims to boost GDP growth to 7 8 and reduce the overall poverty rate to 14 in 6 years

President Rodrigo Roa Duterte presides over the National Economic and Development Authority (NEDA) Board Meeting at the Malacañan Palace on February 20, 2017. Malacañang Photo

Aid matters

Dec 18, 2016 - 9:30 AM

Is aid wasted? It takes two to tango – the aid giver should ideally be motivated by the development of the recipient while the aid recipient should ideally have a clean government that seeks to maximize the benefits of aid

Strong Q2 showing maintains pace for more inclusive growth – DOF

Aug 18, 2016 - 7:00 PM

We expect to continue this growth trajectory but with a difference from the previous administration because we will be reducing poverty rates says Finance Secretary Carlos Dominguez III

Nestle to invest P2 billion in new plant for MILO

Aug 02, 2016 - 5:30 PM

The new plant is expected to begin production in November 2017

PH seeks to expand insurance coverage for the poor

Jul 14, 2016 - 3:15 PM

That micro insurance coverage has grown from covering 3 million people to around 31 million in such a short time is a big phenomenon says DOF Undersecretary Gil Beltran

Robredo eyes private partnership to address housing backlog

Jul 12, 2016 - 8:27 PM

The Vice President who is also the new housing chief says this will allow families to afford houses while private firms also earn

INCLUSIVE GROWTH. Vice President Leni Robredo attends the BusinessWorld Economic Forum at the Shangri-La at The Fort, Manila. Photo courtesy of the Office of the Vice President

UK's Asif Ahmad: PH social media a game changer

Jun 03, 2016 - 1:43 PM

I think people have now realized that you can channel that desire to lodge your protest or your view in a very different way

BPOs leading the push for decentralization – CBRE

Jun 02, 2016 - 9:30 PM

The business process outsourcing sector is driving demand for new developments outside Metro Manila says global property consultancy CBRE Philippines

Businesses come together to help 'excluded' youth

Mar 17, 2016 - 3:40 PM

The Youth Inclusion Network – a new business club with members like Microsoft Globe and Deutsche Bank – meets several times a year to discuss the best way to help poor Filipino youth and drive social business forward

World Bank: PH can end poverty in a generation

Feb 24, 2016 - 7:00 PM

The World Bank s lead poverty reduction economist in the country says growth has finally started reaching the poor

Balisacan's challenge: Can he fight vested interests?

Jan 27, 2016 - 8:30 AM

As chairman of the new Philippine Competition Commission Balisacan has to guard against predatory tactics by large companies and fend off entrenched special interests

PH 'father of semiconductors' shows APEC what innovation can do

Nov 22, 2015 - 3:27 PM

Dado Banatao grew up walking barefoot to school and ended up a Silicon Valley innovator At APEC 2015 he proves the innovation equation for inclusive growth

Woman behind shares roots of her online empire

Nov 21, 2015 - 7:41 PM

Sheila Marcelo founder and CEO of Care com created waves when her company raised millions of dollars in a Wall Street IPO But to get there she needed to hurdle several roadblocks

BABYSITTING EMPIRE. Needing around-the-clock care for her two sons and an ailing father, the idea of was born. Photo by Alecs Ongcal/Rappler

APEC leaders: Intensify efforts for MSMEs, embrace digital economy

Nov 19, 2015 - 9:11 PM

APEC leaders reiterate actions laid out in the Boracay Action Agenda to globalize MSMEs and report progress by 2020

From Basket Case. One of Basket Case's bags that showcase a Filipino painting. Founder Gigi Phua-Lim sells the bags at reasonable prices to make art accessible to the public. Photo by Pat Nabong/Rappler

Alibaba's Jack Ma: Set up world body for small businesses

Nov 18, 2015 - 10:38 AM

Trade is a human right not to be used as a tool against an economy says Alibaba founder Jack Ma

AID TO SMALL GUYS. 'If China can do it, then other nations can do it. We have helped Chinese small businesses to sell on our platform. You can do it, too,' Alibaba's Jack Ma says

Manila, Cebu behind APEC peers on liveability, doing business

Nov 18, 2015 - 6:29 AM

We have 17 cities in Metro Manila One guy won’t move the needle It takes all 17 guys Guillermo Luz co chairman of the National Competitiveness Council says on the sidelines of APEC2015

APEC 2015: AirAsia banks on Philippines after first airliner disaster

Nov 17, 2015 - 8:30 PM

We will keep discovering new places and new things It is a challenge here but there is big prize at the end of the day in the Philippines AirAsia Group CEO Tony Fernandes says on the sidelines of APEC2015

HIGHEST LOAD FACTOR. 'We are optimistic. [In terms] of passenger traffic, the Philippines is actually the best,' Tony Fernandes of AirAsia says. Photos by Rob Reyes/Rappler

APEC 2015: Uber positions itself as solution to congested roads

Nov 17, 2015 - 9:29 AM

In a country like the Philippines the debate is not on regulations It’s on helping your economy grow Uber Senior Advisor David Plouffe says on the sidelines of APEC2015

'CURE TO CAR CONGESTION'. Uber's David Plouffe says around 1.1 million drivers are on the Uber platform as of November 2015. Photo by Alecs Ongcal/Rappler

2016 elections not a 'major' concern among PH CEOs

Nov 16, 2015 - 11:02 PM

While confidence among APEC CEOs in general is at its lowest in 3 years a survey highlights how Filipino CEOs and business leaderss are more optimistic about the growth prospects in the year ahead

SURVEY. PwC officials Mike Davies Alexander Cabrera share the Philippine results of the PwC APEC CEO Survey 2015. Photo from APEC 2015

Confidence among APEC CEOs lowest in 3 years

Nov 16, 2015 - 3:35 PM

Bottom line pressures free trade national growth – these keep CEOs in the Asia Pacific region on their toes PwC survey shows

RESULTS. PwC officials (from left) Mike Davis, Alexander Cabrera, and David Wu, share the results of the 2015 APEC CEO survey on Monday, November 16, 2015, released ahead of the APEC Economic Leaders' Meeting. Photo by Lynda C. Corpuz/Rappler

#AnimatED: Creating wealth for the many

Nov 16, 2015 - 9:00 AM

The PH’s message for the APEC summit – building inclusive economies – strikes at the heart of growing global inequality

APEC initiatives to kick in by 2016 – ABAC

Nov 14, 2015 - 6:02 PM

APEC Business Advisory Council ABAC 2015 says the work for promoting inclusive growth in the region will begin after the summit closes next week

MOVING FORWARD. The APEC Business Advisory Council (ABAC) 2015 gather to come up with recommendations that will address private sector concerns, mainly on putting the services sector at the forefront of international trade. All photos by Rob Reyes/Rappler

What do businessmen expect from APEC 2015?

Nov 14, 2015 - 11:11 AM

Business leaders weigh in on what they expect from the APEC leaders summit in Manila next week

WISH LIST. From strengthening MSMEs to preparing for disasters, business leaders like (from left) Tony Tan Caktion, John Forbes, Joey Concepcion, and Jaime Augusto Zobel De Ayala voice out issues they hope to be tackled by the APEC leaders.

APEC 2015: How to make economic growth inclusive

Nov 13, 2015 - 6:30 PM

Growing economies in a manner that is quick and equitable is this year s tall order the APEC Business Advisory Council 2015 says

SPREADING PROSPERITY. These world leaders cite their own initiatives to link small players to the supply chain. From left: CEMEX Philippines' Arturo Rodriguez Jalili; PT Indofood Sukses Makmur Tbk Franciscus Welirang; Ayala Corporation's Jaime Augusto Zobel de Ayala; Banco de la Microempresa's Cesar Vela Bazan; United Nations Development Program's Marcos Athias Neto. Photo by Rob Reyes/Rappler

APEC 2015: PH launches initiative to transform MSME financing

Nov 12, 2015 - 10:18 PM

We are putting our money where our mouth is in putting more fuel to Asia Pacific s growth engine ’ says Finance Secretary Cesar Purisima

DELIVERED. APEC finance ministers unveil a marker to commemorate the launch of Cebu Action Plan in September of which the FIDN initiative was one of the deliverables. File photo from the Department of Finance

APEC 2015: 20,000 PH firms engaged in development work

Nov 12, 2015 - 4:00 PM

Top government officials and business leaders come together to discuss inclusive business models to kick off APEC 2015’s crowning week

Because entrepreneurs need access to capital

Nov 12, 2015 - 9:00 AM

We can hope that more Filipino entrepreneurs will get the financing they need to grow successful businesses generate more jobs and spread wealth and opportunities throughout the Philippines

APEC what? An explainer on Manila's high-profile week

Nov 11, 2015 - 6:17 PM

What s the APEC buzz about and what s in it for the so called rising tiger of Asia? Rappler explains what happens in APEC and what Manila gets out of hosting the summit

AQUINO'S SHOW. Philippine President Benigno Aquino III inspects the Philippine International Convention Center (PICC) on Tuesday, November 10, 2015. The PICC is the venue of the main APEC leaders' meeting. Photo by Joseph Vidal/Malacañang Photo Bureau

P5-10 B in new investments possible by easing regulations – analyst

Nov 01, 2015 - 9:26 PM

The World Bank also says that an estimated 62 179 new jobs are lost due to discouraged entrepreneurs which suggests that the high cost of doing business is hurting the country s inclusive growth agenda

Aquino hails Roxas' role in growing PH IT-BPM industry

Oct 07, 2015 - 12:14 AM

The care that he together with partners in the industry took in establishing and driving the growth of IT BPM in the Philippines resulted in an unparalleled boom the President says

President Benigno S. Aquino III delivers his speech during the 7th Annual International Information Technology-Business Process Management (IT-BPM) Summit at the Ballroom A of the Marriott Grand Ballroom in Pasay City on Tuesday (October 06, 2015). With theme: “Harnessing Information, Powering Nations, Connecting the World.” The Summit is regarded as the premier platform for the stakeholders of the IT-BPM industry to explore trends, exchange insights and immerse in a rich networking experience. (Photo by Gil Nartea / Malacañang Photo Bureau)

Binay on ASEAN integration: Growth meaningless if it benefits only the rich

Sep 29, 2015 - 8:30 AM

The poor stand to become poorer if they have no access to basic opportunities that middle and high income earners take for granted the Vice President says at the 2nd ASEAN Fixed Income Summit

MEANINGLESS. In his speech at the 2nd ASEAN Fixed Income Summit on Monday, September 28, 2015, Vice President Jejomar Binay says, “I believe growth is meaningless if it does not redound to the good of everyone, or at least, to the greater number."

Despite high economic growth, PH poverty on the rise

Sep 24, 2015 - 6:30 PM

Although Asia as a region has been successful in translating positive economic growth to poverty reduction Philippine poverty is still increasing despite its GDP growth

Towards Zero Poverty: A symposium on shared prosperity

Sep 21, 2015 - 1:54 PM

The AIM Rizalino S Navarro Policy Center for Competitiveness NEDA and the UNDP invite you to a policy symposium titled Towards Zero Poverty

Women are prime movers of inclusive growth – APEC leaders

Sep 19, 2015 - 10:33 AM

They also push for addressing gender disparities in women s labor force participation and strengthening their role in growing MSMEs

Tech disruptions provide opportunities for women

Sep 18, 2015 - 12:47 PM

Technology has facilitated policies designed to level the playing field and provide a better work life balance and new platforms for women APEC business leaders point out

GLOBAL WOMEN. (seated from left) Adaire Fox-Martin is joined by Ümran Beba, senior vice president and chief HR officer of Pepsi Co Asia and Digital Filipino founder Janette Toral at a roundtable discussion on women and international markets.

Aquino: Women are better partners for inclusive growth

Sep 17, 2015 - 1:49 PM

Harnessing the talents and potential of all women can bring about inclusive progress sooner rather than later the President says

President Benigno S. Aquino III delivers his speech during the Asia-Pacific Economic Cooperation (APEC) Women and the Economy 2015 Fora Public Private Dialogue on Women and the Economy (PPDWE) at the Reception Hall of the Philippine International Convention Center (PICC) in Pasay City on Thursday (September 17, 2015). With theme: “Women as Prime Movers of Inclusive Growth.” The PPDWE supports the Policy Partnership on Women and the Economy (PPWE) by gathering more participation from multi-sector key players from the private sector, academia, and civil society for dialogue and exchange of learning and best endeavors to advance gender integration, gender equality and women’s economic empowerment agenda in APEC. (Photo by Joseph Vidal / Malacañang Photo Bureau)

Aquino to APEC finance ministers: Real growth is inclusive growth

Sep 10, 2015 - 8:30 PM

The President banners again the economic achievements of his administration to finance ministers attending APEC meetings in Cebu

President Benigno S. Aquino III delivers his speech during the Asia-Pacific Economic Cooperation (APEC) Finance Ministers’ Meeting and Related Meetings at the Rosal Ballroom of the Shangri-La Mactan Resort and Spa in Lapu-Lapu City, Cebu on Thursday (September 10, 2015). Photo by Rey Baniquet. / Malacañang Photo Bureau

APEC ministers unveil new plan for sustainable, inclusive growth

Sep 09, 2015 - 5:37 PM

We agreed that we need a much stronger focus on promoting economic growth through structural reform says NEDA chief Arsenio Balisacan

APEC members create coalition to join ‘services revolution’

Sep 08, 2015 - 8:30 PM

The services sector will employ the most number of people a UN International Trade Center official says

 PIONEERS. The 3 who spearheaded the cause of the services sector at the APEC SRMM meeting (from left): Jane Drake-Brockman, Anthony Nightingale, and Peter Perfecto. All photos by Chris Schnabel / Rappler

Women at the top

Sep 01, 2015 - 8:30 AM

The shortage of economic and employment opportunities for women remain the areas that need improvement

Where is money to fight poverty going?

Aug 27, 2015 - 8:42 PM

By letting communities decide what projects to implement DSWD s anti poverty program aims to empower the poorest Filipinos for inclusive growth

Gov't underspending is 'epic incompetence' – Diokno

Aug 07, 2015 - 3:14 PM

The former budget secretary says Filipinos bear the brunt of government s underspending

NEW PLAN. President Benigno Aquino III signing into law the P2.606-trillion budget for 2015. File photo by Rappler