News
Inflation spikes to 7. 2% in April as rice, fuel prices surge
3+ hour, 26+ min ago (24+ words) Inflation in the Philippines accelerated to 7. 2 percent in April, driven by rising food and fuel costs, the Philippine Statistics Authority (PSA) said Tuesday....
Inflation remains top national concern of Filipinos " survey
3+ day, 8+ hour ago (247+ words) Inflation has re-emerged as the top national concern among Filipinos, according to a recent survey by OCTA Research released. Based on a survey of 1, 200 adults conducted in mid-March, 45 percent of respondents identified rising prices as the country's most urgent issue…...
Inflation rises to 4. 1%, highest in nearly two years
4+ week, 3+ hour ago (114+ words) Inflation accelerated to 4. 1 percent in March, the highest in nearly two years, driven by rising transport and food costs, the Philippine Statistics Authority said. The increase was largely attributed to higher fuel prices, with transport inflation reaching 9. 9 percent and fuel…...
Rising inflation shrink peso's buying power to 75 centavos since 2018
4+ week, 10+ hour ago (167+ words) The purchasing power of the Philippine peso has weakened over the past eight years as inflation continued to rise, reaching its fastest pace in 20 months in March, according to the Philippine Statistics Authority (PSA). During a press briefing, National Statistician…...
Marcos signals limits in defending peso amid global pressures
1+ mon, 1+ week ago (198+ words) President Ferdinand Marcos Jr. said the Philippine government will not aggressively defend the peso, acknowledging limits in countering global market forces pushing the US dollar higher. In an interview, Marcos said it would be "futile" to spend large portions of…...
DEPDev: Inflation could exceed 7% if Middle East conflict worsens
1+ mon, 3+ week ago (641+ words) Inflation in the Philippines could accelerate to above 7% if tensions in the Middle East escalate further and persist longer, the Department of Economy, Planning and Development (DEPDev) said. Socioeconomic Planning Secretary Arsenio Balisacan presented two possible scenarios during a briefing…...
IMF: Philippine economy expected to outperform ASEAN growth average
1+ mon, 3+ week ago (209+ words) The International Monetary Fund (IMF) expects the Philippines to grow faster than the regional average in Southeast Asia, citing reforms that could support stronger long-term economic expansion. In an interview in Makati with Philippine News Agency, IMF Managing Director Kristalina…...
Palace says no need for panic buying amid Middle East crisis
1+ mon, 3+ week ago (162+ words) Malaca'ang on Tuesday assured the public that there is no need for panic buying despite concerns that the crisis in the Middle East could affect fuel supply and basic commodities in the Philippines. According to Palace Press Officer Claire Castro,…...
PH government debt rises to P18. 13 trillion in January " BTr
2+ mon, 10+ hour ago (247+ words) The Philippines" outstanding government debt climbed to P18. 13 trillion in January 2026, as the administration frontloaded domestic and external borrowings to secure concessional financing terms ahead of global uncertainties, according to the Bureau of the Treasury (BTr). Data released by the BTr…...
Abu Dhabi economy hits Dh325. 7b in Q3 2025 with 7. 7% growth
2+ mon, 1+ week ago (196+ words) The Filipino Times Abu Dhabi's economy expanded by 7. 7 percent year-on-year in the third quarter of 2025, reaching a record quarterly GDP of Dh325. 7 billion, according to the Statistics Centre " Abu Dhabi (SCAD). Growth was driven by non-oil activities, which rose 7. 6 percent compared…...