Who cares about GNP or GDP?

Mahar Mangahas - @inquirerdotnet 10/01/2022

What’s the difference? Both the gross national product (GNP) and the gross domestic product (GDP) are sum totals of the money-value of goods and services produced over some period of time. The former refers to what is…

Bouncing back

Cielito F. Habito - @inquirerdotnet 05/24/2022

Now that the first-quarter growth figures are out, I thought I’d take a closer look at how the economy is growing. The report was a surprise to many, as most analysts had expected the gross domestic product…

Political Economics 101

ATTY. DENNIS R. GORECHO 05/03/2022

It is always interesting to analyze political economy especially during election time. Political economy is about how politics affects the economy and the economy affects politics. Economic conditions have a powerful impact on elections. Voters on different…

Dreading debt

Cielito F. Habito - @inquirerdotnet 12/14/2021

As of today, our government owes money equivalent to nearly two-thirds of all incomes generated in the economy in a year. The total debt owed by the national government as of the third quarter stood at P11.92…

Third quarter surprise

Cielito F. Habito - @inquirerdotnet 11/23/2021

I was wrong about how the economy would fare in the third quarter (Q3) this year. And like most everybody else, I’m glad I was. Most were surprised at the unexpected strong upturn in the country’s gross…

PH GDP seen shrinking by over 7% in 2020

Ben O. de Vera - Reporter / @bendeveraINQ 09/24/2020

MANILA, Philippines — The Philippines’ gross domestic product (GDP) is expected to fall at its worst rate in at least 36 years, no thanks to the COVID-19 pandemic’s debilitating impact on the domestic as well as global economies.…

Gov’t ramps up spending to fight COVID-19

Ben O. de Vera 09/10/2020

To better fight COVID-19 and fast-track recovery from the pande­mic-induced recession, the government plans to spend a bigger amount of P2.33 trillion during the second half of this year. The latest quarterly fiscal program for 2020 released…

ECQ impact on economy ‘more severe than expected’

Ben O. de Vera - Philippine Daily Inquirer 07/11/2020

The Philippines is bracing for a worse-than-expected drop in gross domestic product (GDP) in the second quarter as the country’s chief economist on Friday said the COVID-19 lockdown inflicted more pain to the economy than earlier projected.…

COVID-19’s damage to the Philippines and Cebu economy

Fernando Fajardo 04/29/2020

  The size of the economy is usually measured by the size of its Gross Domestic Product (GDP). The GDP sums up the value of the country’s total output of final goods and services. It is also…

Impact of COVID-19 on Philippine tourism, economy

Fernando Fajardo 03/11/2020

One of the most visible impacts of COVID-19 is seen in the tourism industry. What will be the extent of losses caused by COVID-19 to the Philippine tourism industry and to the national economy? As a background,…

Tourism, economy among major concerns raised at Dagyaw 2019 dialog

Irene R. Sino Cruz 07/09/2019

CEBU CITY, Philippines–Concerns ranging from security to economy were raised by various sectors during the Dagyaw 2019 Dialogue held Tuesday, July 9, at the Cebu Provincial Capitol Social Hall. Dagyaw 2019 refers to the Open Government and…

Cebu’s business heads laud PH’s economic performance

Victor Anthony V. Silva 01/26/2017

Slow Q4 growth of 6.6% posted last year, but 2016’s 6.8% GDP growth fastest in 3 years Business leaders in Cebu welcome the country’s strong economic performance in the last quarter of the 2016, with economy growing…

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