Philippine economy predicted to face recession World

Philippine economy predicted to face recession

The Philippines’ gross domestic product (GDP) will likely shrink by 5.7-6.7 percent in the second quarter of 2020, much higher than the 0.2 percent contraction in the first quarter, according to Governor of the Bangko Sentral ng Pilipnas (BSP) Benjamin Diokno.
Philippines GDP falls for first time since 1998 World

Philippines GDP falls for first time since 1998

The Philippines’ GDP shrunk 0.2 percent in the first three months of 2020, recording the first contraction since the fourth quarter of 1998, announced the Philippine Statistics Authority (PSA) on May 7.
Philippines: Q4’s GDP growth up 6.3 percent World

Philippines: Q4’s GDP growth up 6.3 percent

The Philippines’ GDP growth rate for the fourth quarter of 2018 was edged up 6.3 percent from the same period last year, higher than the previous prediction of 6.1 percent, the Philippine Statistics Authority said on April 4.
WEF ASEAN 2018: Expatriates a potential source for growth ASEAN

WEF ASEAN 2018: Expatriates a potential source for growth

Governments of the ASEAN member states should design suitable policies to control risks and seize opportunities related to the return of their expatriates, said speakers at a discussion within the framework of the 2018 World Economic Forum on ASEAN (WEF ASEAN) in Hanoi on September 13.