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Die Philippinen verfügen über wirtschaftliche Stärken wie eine junge, englischsprachige Bevölkerung, einen großen Binnenmarkt und eine wachsende Dienstleistungsbranche. Gleichzeitig bestehen strukturelle Herausforderungen durch Infrastrukturdefizite, Einkommensungleichheit, Naturkatastrophenrisiken und Abhängigkeit von Rücküberweisungen aus dem Ausland. Die Wirtschaft wird stark vom Dienstleistungssektor getragen, insbesondere von Business-Process-Outsourcing, Handel und Telekommunikation. Ergänzend spielen Industrie, Bauwesen, Landwirtschaft sowie Überweisungen von im Ausland arbeitenden Bürgern eine wichtige Rolle.
The Philippine peso weakened past 62 per dollar on Friday, breaching a level some analysts had flagged as potentially prompting authorities to step in to support the currency....
The Philippine central bank raised its benchmark interest rate for a third straight meeting to slow inflation that's running twice as fast as target, even as the economy remains one of Southeast Asia's laggards....
The Philippines' stock market operator sees a reduction in stock brokerage firms should the Securities & Exchange Commission go ahead with a plan to increase capitalization requirements....
The Philippine central bank is poised to raise the benchmark rate for a third straight meeting to rein in stubbornly high inflation and ease pressure on the peso....
The Bangko Sentral ng Pilipinas is poised to raise interest rates by a further 25 basis points (bps) to 5% to tame rampant consumer prices, Deutsche Bank warned ahead of the monetary board meeting on August 27....
From switching ingredients to staggering price increases, Philippine companies are rethinking strategies to cover rising costs without losing customers squeezed by inflation and a weak peso....
The Philippines' corporate regulator is looking to increase the minimum capital requirement for stock brokers as it forges ahead with reforms despite pushback from some market participants....
Cheaper transaction fees and easier access to services remain critical to pulling more citizens into the formal financial system, Bangko Sentral ng Pilipinas says....
Southern Taiwan is preparing for further flooding and landslides as heavy rain persists, while a strengthening typhoon is forecast to enter the Philippines' area of responsibility....
The Philippines has quietly pushed back its deficit targets again, and Fitch Ratings says the country's investment grade now depends on a recovery in investment that has yet to appear....
The Philippines recorded a balance of payments deficit of $1.5bn in July, swinging from a $3.4bn surplus in June, Bangko Sentral ng Pilipinas reported....
Weil es zu wenig Wohnungen gibt, leben in Manila Tausende auf dem Friedhof in Gräbern. Wenn es regnet, fischen die Kinder das Mittagessen aus dem Gully....