News
Philippines GDP in 2026, growth trends and economic outlook
1+ hour, 58+ min ago (613+ words) The Philippines" economy entered 2026 with a more difficult economic environment than in previous years. After several years of fairly strong post-pandemic expansion, inflationary pressures, global uncertainty, and weaker investment have slowed growth. Although the numbers are still on the rise,…...
Deutsche Bank sees steady June inflation | Inquirer Business
10+ hour, 49+ min ago (311+ words) MANILA, Philippines "Inflation likely held steady at 6. 8 percent in June, as higher electricity prices offset declines in the cost of other key consumer goods, Deutsche Bank said. "While private transport inflation likely eased further alongside the fall in oil prices,…...
Gov't races to approve 2030 ODA-funded projects
10+ hour, 47+ min ago (476+ words) MANILA, Philippines " The Marcos administration plans to fast-track the approval of 20 to 30 infrastructure and social sector projects to maximize official development assistance (ODA) financing before the Philippines gradually loses access to concessional loans following its transition to upper-middle income country…...
Poll: Inflation may have eased to 6. 7% in June
1+ day, 10+ hour ago (510+ words) MANILA, Philippines "Inflation likely eased in June as lower food and fuel prices helped offset higher electricity costs, though consumer price growth probably remained above the central bank's target, reinforcing expectations that policymakers will keep a tight grip on monetary…...
BIZ BUZZ: Gasmen is next BSP treasury chief
1+ day, 10+ hour ago (576+ words) The hunt is over for the next Bangko Sentral ng Pilipinas (BSP) treasury chief. Several industry sources told Biz Buzz that BSP Governor Eli Remolona Jr. has handpicked the successor of Edna Villa, senior assistant governor for financial markets, who…...
PSEi climbs above 6, 100 on World Bank upgrade
4+ day, 20+ hour ago (301+ words) MANILA, Philippines " Local stocks rose on Thursday as investors welcomed the World Bank's decision to upgrade the Philippines to upper middle-income status, while an improvement in factory activity also helped support sentiment. The benchmark Philippine Stock Exchange Index (PSEi) gained…...
PH attains "upper middle income" rank " World Bank
5+ day, 7+ hour ago (440+ words) MANILA, Philippines " The Philippines has attained upper-middle-income status, the World Bank said on Wednesday, marking a long-sought milestone that underscores the country's economic gains and is expected to shape its development path in the years ahead. The reclassification places the…...
Policy discipline needed to tackle economic pressure points
5+ day, 10+ hour ago (820+ words) Global economic pressure points are complicating central banks" mission to preserve price and financial stability. Financial and fiscal fault lines may imperil economic progress and threaten future prosperity. The tide may turn on the artificial intelligence (AI) boom and more…...
Hot money returned to PH debt in May; stock selling slowed
5+ day, 10+ hour ago (385+ words) MANILA, Philippines "Flighty foreign funds returned to government securities in May, while outflows from Philippine equities eased as investor sentiment improved after the United States and Iran stepped up diplomatic efforts following weeks of heightened tensions. Data from the Bangko…...
BSP: Inflation likely eased in June to 6-7%
6+ day, 10+ hour ago (380+ words) MANILA, Philippines " Philippine inflation likely slowed further in June, aided by a decline in oil prices, but is still expected to remain above the Bangko Sentral ng Pilipinas" (BSP) target range. The central bank said in a statement that inflation…...