1+ day, 21+ hour ago  (406+ words) Citi expects the Bangko Sentral ng Pilipinas (BSP) to increase its benchmark interest rate by 25 basis points in June following a similar adjustment in April to address broadening inflationary pressures. The financial group noted that while a pause is likely…...

2+ day, 7+ hour ago  (227+ words) The Philippines is one of the countries hardest hit by the oil price shock caused by the war in Iran, but the country can weather this, the head of the Bangko Sentral ng Pilipinas said. "I would say we're indeed…...

3+ day, 19+ hour ago  (335+ words) The Asian Development Bank committed $29. 3 billion from its own resources in 2025, up 20 percent increase from the previous year as the lender pushed institutional reforms to navigate regional economic uncertainty. The bank's 2025 annual report released Thursday showed the funding was supplemented…...

3+ day, 18+ hour ago  (378+ words) All 18 regional economies expanded in 2025, led by a 6. 4-percent growth rate in Western Visayas, even as the national economy slowed compared with the previous year. The Philippine Statistics Authority said the national gross domestic product grew by 4. 4 percent in 2025, slower…...

5+ day, 10+ hour ago  (559+ words) I've been driving for almost eight years, and lately it feels like I'm working just to keep up with fuel," said Arnel Dizon, a ride-hailing driver based in Metro Manila. Some days, you start with a full tank and by…...

5+ day, 17+ hour ago  (434+ words) Fitch Ratings revised the outlook on the Philippines to negative from stable, warning that a global energy shock and weakened public investment could stifle medium-term growth. The credit watcher affirmed the long-term foreign-currency issuer default rating at BBB, an investment-grade…...

5+ day, 21+ hour ago  (254+ words) University of Asia and the Pacific (UA&P) economists maintained their Philippine growth forecast at 3. 1 percent for the first quarter of 2026, citing downside risks from Middle East tensions. In the April 2026 Market Call report, the economists said high inflation and interest…...

6+ day, 10+ hour ago  (831+ words) Philippine stocks posted modest gains Monday on bargain hunting following last week's decline, while the peso slipped closer to the 60-level against the US dollar. The peso closed at 59. 97 to the dollar, weakening from Friday's finish of 60. 035. The benchmark 30-company…...

6+ day, 12+ hour ago  (505+ words) President Ferdinand Marcos Jr. announced on Monday that the government is implementing various measures to help alleviate the impact of fluctuating oil prices on Filipinos, while also exploring additional steps as the situation evolves. In a chance interview during an…...

6+ day, 12+ hour ago  (505+ words) President Ferdinand Marcos Jr. announced on Monday that the government is implementing various measures to help alleviate the impact of fluctuating oil prices on Filipinos, while also exploring additional steps as the situation evolves. In a chance interview during an…...