Rappler's latest stories on philippine economics
PEZA to investors: Please don't leave Philippines
The Philippine Economic Zone Authority worries that export companies may close shop in the country and just focus on operations somewhere else
House stimulus package eyes P20-B fund to test Filipino workers
If passed into law, the proposed Philippine Economic Stimulus Act would finance the COVID-19 rapid tests of Filipino laborers in 2020 and 2021
Coronavirus exposure prompts PH economic officials to self-quarantine
(4th UPDATE) The Philippines' economic managers are undergoing quarantine, after interacting with a person who turned out to have the novel coronavirus
PEZA asks Senate to delay Citira passage amid coronavirus crisis
With the coronavirus crisis, Philippine Economic Zone Authority chief Charito Plaza finds an opening to appeal against the Citira bill anew
Duterte's economic team approves 12 infrastructure projects
Dennis Uy's unsolicited proposal for the Davao International Airport, the Panay-Guimaras-Negros Bridge, and MRT4 are just some of the projects approved by the Investment Coordination Committee
In a twist, PEZA now supports Citira bill
The Philippine Economic Zone Authority Board changes its tune after a 'cordial' meeting and now backs the bill seeking to rationalize tax perks
[OPINION] Navigating the new globalization
It is only through cultivating a high-trust society that this whole-of-society approach to development could work
PEZA chief Plaza doesn't think she's getting fired by Duterte
'I don't feel I am the one being alluded to....I am facing all this risk because I want to protect the interest of the Filipino people,' says PEZA Director General Charito Plaza
Duterte to fire economic official for incompetence
Without giving a name, President Rodrigo Duterte says a female official is getting the axe for not matching the performance of others in the economic team
PEZA urges Congress not to 'tinker' with tax perks for investors
PEZA Director General Charito Plaza says the current incentives are already 'globally competitive' and could help the Philippines attract investors as companies avoid the US-China trade war
Piñol to economic team: Get out of air-conditioned offices, see reality
Former agriculture secretary Emmanuel Piñol has some biting words for the government's economic managers
Bangko Sentral cuts interest rates as inflation, growth slow down
(UPDATED) The Bangko Sentral ng Pilipinas cuts the key policy rate by 25 basis points, but some economists say the move may have been done too early
World Bank cuts 2019 Philippine growth outlook again
The World Bank says the Philippines' delayed 2019 budget and El Niño are likely to hurt economic growth
Philippine economic team flies to China for infrastructure projects
President Rodrigo Duterte's economic team will meet with Chinese counterparts to score new infrastructure deals
Budget fiasco pushes economic team to lower growth target
The government was optimistic that economic growth could hit 7% to 8%. Now, that lower-end figure is now the highest target.
Gatchalian asks economic team to be 'more transparent' on infra loans
Senator Sherwin Gatchalian says details of loans for big-ticket infrastructure projects should be available on government websites
IN PHOTOS: Museum of Philippine Economic History opens in Iloilo
The museum features galleries highlighting the industries, trade, and commerce in the Philippines through the years
Consumer, gov't spending to lift PH economy in 2019 – PCCI
The Philippines' largest business group is optimistic that the country's 'resilient' economy will continue to grow in 2019
[ANALYSIS] Let’s not blame the forecasters for runaway inflation
Antagonistic remarks only put at risk otherwise friendly relations between government and the private sector
PH internet economy to grow from $5B to $21B by 2025 – Google
Collectively, Southeast Asia's internet economy will grow from $72B to $240B by 2025, according to Google's report
Malacañang defends UK trip of Cabinet economic team
An ill-timed trip by the President's economic managers? Presidential Spokesperson Harry Roque says the overseas visit also aims to boost the Philippine economy.
Foreign chambers on Trabaho bill: 'Leave PEZA alone'
'We are advocating for the continued operation of PEZA as it is now. And also making sure that rationalizing our incentives [that] it is still competitive with the rest of the region,' a business group executive says
[ANALYSIS] Mere hiccups? Let’s be more honest about the economy
The truth is, we’re living in a sad combo of slowing growth and accelerating prices. Worse, indicators point to harder times ahead.
COA: PEZA, 3 other economic zones must pay back P664 million in illegal perks
COA says only the Department of Budget and Management 'has the mandate to classify positions, determine the appropriate salaries for specific positions, and review the compensation benefits or programs of agencies'
All Cabinet members support federalism, insists Malacañang
It is 'incumbent' upon all Cabinet members to make the shift to federalism happen, says Presidential Spokesman Harry Roque, after two economic managers questioned the Consultative Committee's draft charter
PEZA, Board of Investments challenge 2nd TRAIN package
The agencies warn that the 2nd tranche of the Tax Reform for Acceleration and Inclusion law might spook investors and may even be unconstitutional
What Duterte's economic team did not say during the pre-SONA 2018 forum
The dip in Philippine competitiveness ranking, missing the 2017 labor target, and slow implementation of infrastructure projects are left out during the 'Tatak ng Pagbabago: Tatak ng Pag-unlad' forum
#TheWrap: Videos to watch this week, May 21-27, 2018
Here are the must-watch videos this week!
World Bank expects stable 6.7% growth for PH in 2018, 2019
'Any growth above 6.7% would require vigorous investment in physical and human capital to push the economy beyond its current potential output,' says the World Bank
Aquino on Senate Dengvaxia report, LTFRB on Grab, White House on Mueller | Evening wRap
Watch Rappler's evening newscast with Marguerite de Leon
Foreign investment pledges down 51.8% in 2017
A significant 82.8% drop is recorded in the 4th quarter of 2017 alone, according to the Philippine Statistics Authority
Philippine GDP growth in Q2 2017 raised to 6.7%
The top 3 contributors to the upward revision are financial intermediation; construction; and real estate, renting, and business activities
Philippines aims to identify 300 new eco zones in January 2018
These would include mega economic zones, spanning 1,000 to 4,000 hectares
Cavite workers seek gov’t intervention on temporary factory shutdown
Labor unions claim this is a form of ‘union busting’ since companies do not have sufficient reason for shutdown
Lilia de Lima's 21-year work of fighting corruption
Her two golden rules in PEZA were to be incorruptible and to be efficient It was not an easy feat to lead the agency says De Lima but she kept focusing on her goals
Work in gov’t with ‘absolute honesty and utmost service’ – Magsaysay Awardee Lilia de Lima
Lilia de Lima survived 4 presidents with different political persuasions and management styles as director general of the Philippine Economic Zone Authority
Credit Suisse upgrades Philippine GDP 2017 outlook on Q2 results
The global financial services giant now expects the Philippines gross domestic product to grow faster at 6 1 instead of 6 this year
Gov't spending, agriculture lift Philippine GDP in Q2 2017
Spending on infrastructure is a bright spot for the economy in the 2nd quarter of 2017 but in a role reversal it s now the private sector and not the government that is lagging
Philippine GDP grows faster by 6.5% in Q2 2017
3rd UPDATE The 6 5 growth in GDP places the Philippines ahead of ASEAN nations that have released their 2nd quarter figures but it is still behind China
Standard Chartered cuts Philippine GDP forecast
The bank slashes its forecast to reflect the disappointing GDP expansion in the 1st quarter of the year which was largely due to weak investment growth
PETA, PH's Lilia de Lima among 2017 Ramon Magsaysay awardees
To also receive Asia s equivalent of the Nobel Prize are Yoshiaki Ishizawa Japan Abdon Nababan Indonesia Gethsie Shanmugam Sri Lanka Tony Tay Singapore
#ThewRap: Things you need to know, July 3, 2017
Hello Here are the stories you shouldn t miss this Monday
World Bank cuts PH growth outlook to 6.8%
With government consumption and investment growth somewhat weaker the World Bank lowers its forecast for the Philippines in 2017
Aguirre reverses De Lima, lets BFP enforce fire laws in ecozones
Aguirre says they will investigate the supposed lack of signages near the room where Resorts World guests and employees died due to suffocation
De Lima to Aguirre on casino attack: 'Stop blaming me' for everything
After some time your own excuses of blaming me for every catastrophe that befalls this administration just won t wash with the public anymore Senator Leila de Lima tells Justice Secretary Vitaliano Aguirre II
DOJ: De Lima could be liable for PEZA regulation of casino fire safety
Secretary Aguirre is inclined to reverse his predecessor s legal opinion in 2014 which took away from the Bureau of Fire Protection the regulation over casinos
DOLE contradicts PEZA: Company in Cavite fire violated standards
The Department of Labor and Employment says House Technology Industries violated labor and safety standards contrary to the findings of the Philippine Economic Zone Authority
DOH targets release of smoking ban rules before SONA
Local governments are encouraged to pass their own local ordinances that will implement Executive Order 26 and the Framework Convention on Tobacco Control
PH economy grows slower by 6.4% in Q1
UPDATED Aquino and Duterte have something in common: slow pace of public infrastructure spending
Kampanya kontra droga hadlang sa makamasang kaunlaran
Walang saysay ang paglago ng ekonomiya kung hindi makikinabang dito ang mahihirap dahil sila ay walang habas na pinapaslang sa mga kalsada
