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News and Events

China, Vietnam Overtake PH in GDP Growth in Q4

Philippine economic growth fell to 6.6% in the last quarter from 7% in the previous period

With fourth quarter GDP growth falling to 6.6 percent from a revised seven percent in the third quarter, the Philippines was overtaken by China and Vietnam as the fastest growing economy among selected East Asian countries. The Philippines was the region's fastest ...

by Entrepreneur Staff  | January 26, 2017 12:00:00
News and Events

(Infographic) Amid Rising GDP, is it Time to Launch Your Startup?

Data show that buoyant economic growth encourages business formation

Instinctively, we know that rapid rise in gross domestic product (GDP), a measure of economic output, is good for business. That's probably why many entrepreneurs followed the Philippines Statistics Authority's (PSA) latest announcement that the economy grew by 6.8 percent last year, ...

by Entrepreneur Staff  | January 26, 2017 10:00:00
News and Events

PH Is East Asia’s Fastest Growing Economy In 2016, Says ADB

The country is also expected to post the highest GDP rise in the region in 2017 along with China

The Philippines is expected to continue its record as the fastest-growing economy in East Asia this year and next, according to the Asian Development Bank (ADB), which updated its GDP forecasts for Asian countries this week.In the Asian Development Outlook Supplement published by ADB ...

by Entrepreneur Staff  | December 14, 2016 05:00:00
News and Events

Financial Adviser: How to analyze GDP stats for business decisions

Here’s the 5 basic steps you can take

Last week, the Philippine Statistics Authority (PSA) announced that the Philippine economy grew by 7.1 percent for the third quarter compared to a 6 percent growth from the same quarter last year.The growth was also higher than the 7 percent growth registered ...

by Henry Ong  | November 22, 2016 05:00:00
News and Events

New small, medium businesses soar amid rising GDP

As GDP climbs, it’s about time you launch that startup

via GIPHYInstinctively, we know that a rapid rise in gross domestic product (GDP), a measure of economic output, is good for business. That's probably why a lot of entrepreneurs followed the Philippines Statistics Authority's (PSA) fresh announcement that GDP rose 7.1 percent ...

by Entrepreneur Staff  | November 17, 2016 11:00:00
News and Events

Davao poised to be the next business hub

Department of Finance identifies Davao, Mindanao as growth areas

 Finance Secretary Carlos Dominguez III urged entrepreneurs and business executives to “innovate and create new products,” calling the next six years of Duterte administration as the “golden age” for entrepreneurship.“As business opportunities present themselves, it is for you the entrepreneurs to seize ...

by Elyssa Christine Lopez  | August 22, 2016 07:00:00
News and Events

Bicol takes lead as fastest growing regional economy

Report tracks progress of the provinces in 2015

The Bicol Region emerged as the fastest growing regional economy in 2015 after doubling its growth in the previous year at 8.4 percent.In a report by the Philippine Statistics Authority, Bicolandia—comprised of Albay, Camarines Norte, Camarines Sur, Catanduanes, Masbate and Sorsogon—also had ...

by Entrepreneur Staff  | August 01, 2016 03:00:00