As Philippines booms, overseas workers eye return home

MANILA: Mateo Ragonjan took a leap of faith in August last year. The executive sous-chef of a seven-star luxury hotel in Abu Dhabi packed his bags to take up a similar job back home in the Philippines.

Philippines May Shun Borrowing Abroad This Year, Treasurer Says

The Philippines may shun the global bond market this year as record-low interest rates at home and flush money supply supports increased domestic borrowing, Treasurer Rosalia de Leon said.

Philippines economic growth better than forecast

The Philippines economy grew more than forecast in the third quarter, boosted by increased consumer and government spending and a recovery in exports.

Philippines economic growth slows more than expected

The Philippines economy slowed more than expected in the second quarter, as weak demand in key markets hurt the country's manufacturing sector.

Growth was 3.4% in the three months to the end of June compared with the same period last year. That is down from annual growth of 4.6% in the previous quarter.