Drought in Vietnam Holds Back Growth as Farming Takes Knock Bloomberg News June 28, 2016 Economic growth in Vietnam was little changed in the second quarter as a crippling drought hurt farming output and demand for exports weakened. Gross domestic product rose 5.6 percent from a year earlier after...

BREXIT Effect Minimal For PH Economy – NEDA National Economic and Development Authority June 28, 2016 The exit of the United Kingdom (UK) from the European Union (EU), also known as Brexit, has minimal direct effect on the Philippine economy due to strong macroeconomic fundamentals, according to the National...

NEDA, JICA Discuss Davao Infra Dev’t Project with Incoming President Duterte National Economic and Development Authority June 27, 2016 The Japanese government and the National Economic and Development Authority (NEDA) recently discussed Japan’s offer of support for the institutionalization of urban infrastructure planning and formulation in Davao City with...

Imports Growth in April 2016 Shows Strong Business, Consumer Confidence National Economic and Development Authority June 24, 2016 Philippine imports grew by 29.2 percent from a year ago in April 2016, due to double-digit growth in purchases of capital goods, raw materials and intermediate goods, and consumer goods, according...

Brexit Sparks Emerging-Market Selloff as Polish Assets Worst Hit Bloomberg News June 24, 2016 Eastern Europe and South Africa led a selloff in developing-nation assets following Britain’s vote to leave the European Union as investors speculated that their economies will be the worst affected by the fallout from Thursday’s...