Tag
Philippines economy
![Philippines’ Investment Fund Bill Draws Criticism Philippines’ Investment Fund Bill Draws Criticism](https://thediplomat.com/wp-content/uploads/2022/12/sizes/thumbnail/thediplomat_2022-12-13-013227.jpg)
June 14, 2023
Philippines’ Investment Fund Bill Draws Criticism
By Mong Palatino
A group of prominent economists claims that the Maharlika Investment Fund will draw much-needed cash away from other parts of government.
![Why the Philippines’ Two Largest State-Owned Banks Are Contemplating a Mega-Merger Why the Philippines’ Two Largest State-Owned Banks Are Contemplating a Mega-Merger](https://thediplomat.com/wp-content/uploads/2023/05/sizes/thumbnail/thediplomat_2023-05-23-205400.jpg)
May 24, 2023
Why the Philippines’ Two Largest State-Owned Banks Are Contemplating a Mega-Merger
By James Guild
The government is hoping that the merger of DBP and the Land Bank of the Philippines will increase profitability, with a possible eye to supporting its embryonic sovereign wealth fund.
![In the Philippines, COVID-19 Is Still Taking a Toll on the Informal Economy In the Philippines, COVID-19 Is Still Taking a Toll on the Informal Economy](https://thediplomat.com/wp-content/uploads/2023/04/sizes/thumbnail/thediplomat_2023-04-17-094045.jpg)
April 17, 2023
In the Philippines, COVID-19 Is Still Taking a Toll on the Informal Economy
By Felix Iglesias
The pandemic may have waned, but its economic impact continues to reverberate on the nation's streets.
![Philippine Jeepney, Bus Drivers Begin Week-Long Transport Strike Philippine Jeepney, Bus Drivers Begin Week-Long Transport Strike](https://thediplomat.com/wp-content/uploads/2023/03/sizes/thumbnail/thediplomat_2023-03-07-014549.jpg)
March 07, 2023
Philippine Jeepney, Bus Drivers Begin Week-Long Transport Strike
By Sebastian Strangio
Transport groups oppose a government modernization plan that they say could threaten the country's iconic jeepney.
![Despite Opposition, Philippines Ratifies RCEP Trade Agreement Despite Opposition, Philippines Ratifies RCEP Trade Agreement](https://thediplomat.com/wp-content/uploads/2023/02/sizes/thumbnail/thediplomat_2023-02-23-003619.jpg)
February 23, 2023
Despite Opposition, Philippines Ratifies RCEP Trade Agreement
By Sebastian Strangio
The massive free trade pact has faced opposition from agricultural groups, who fear it could open the country to a wave of imported produce.
![Indonesia and Malaysia Saw Strong Economic Growth in 2022 Indonesia and Malaysia Saw Strong Economic Growth in 2022](https://thediplomat.com/wp-content/uploads/2023/02/sizes/thumbnail/thediplomat_2023-02-14-034154.jpg)
February 14, 2023
Indonesia and Malaysia Saw Strong Economic Growth in 2022
By James Guild
Last year saw several Southeast Asian economies bounce back from the distortions and restrictions of the COVID-19 pandemic.
![The Philippines’ Post-Pandemic Economy Is Booming The Philippines’ Post-Pandemic Economy Is Booming](https://thediplomat.com/wp-content/uploads/2023/01/sizes/thumbnail/thediplomat_2023-01-31-031749.jpg)
January 31, 2023
The Philippines’ Post-Pandemic Economy Is Booming
By James Guild
The country's economy has rebounded from its COVID-19 recession, posting a growth rate of 7.6 percent in 2022.
![Southeast Asia’s Cement Industrial Complex Southeast Asia’s Cement Industrial Complex](https://thediplomat.com/wp-content/uploads/2023/01/sizes/thumbnail/thediplomat_2023-01-16-234552.jpg)
January 17, 2023
Southeast Asia’s Cement Industrial Complex
By James Guild
The economics of cement production, particularly in emerging markets, are closely entwined with both politics and climate policy.
![How the Onion Became the Symbol of Inflation in the Philippines How the Onion Became the Symbol of Inflation in the Philippines](https://thediplomat.com/wp-content/uploads/2023/01/sizes/thumbnail/thediplomat_2023-01-16-003149.jpg)
January 16, 2023
How the Onion Became the Symbol of Inflation in the Philippines
By Mong Palatino
In December, the staple vegetable was selling for more than the cost of chicken and beef.
![Philippine Congress Approves Sovereign Wealth Fund Bill Philippine Congress Approves Sovereign Wealth Fund Bill](https://thediplomat.com/wp-content/uploads/2022/08/sizes/thumbnail/thediplomat_2022-08-25-235612.jpg)
December 23, 2022
Philippine Congress Approves Sovereign Wealth Fund Bill
By Mong Palatino
The planned Maharlika Investment Fund has attracted controversy, with critics claiming that it is unnecessary and is open to abuse.
![Why Does the Philippines Want a Sovereign Wealth Fund? Why Does the Philippines Want a Sovereign Wealth Fund?](https://thediplomat.com/wp-content/uploads/2022/12/sizes/thumbnail/thediplomat_2022-12-13-013227.jpg)
December 13, 2022
Why Does the Philippines Want a Sovereign Wealth Fund?
By James Guild
Such funds are usually set up in smallish commodity exporting nations that run large current account surpluses. The Philippines is neither of these.
![Why the Philippines Is Increasing Spending in the 2023 Budget Why the Philippines Is Increasing Spending in the 2023 Budget](https://thediplomat.com/wp-content/uploads/2022/10/sizes/thumbnail/thediplomat_2022-10-12-054108.jpg)
October 12, 2022
Why the Philippines Is Increasing Spending in the 2023 Budget
By James Guild
Planners are banking on strong economic growth, reduced inflation, and a strengthening peso in 2023. But are these assumptions sound?
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