News
Milestone reached: Marcos hails PH upper-middle-income status for economy
2+ hour, 48+ min ago (511+ words) In a statement, Marcos said the country's new income classification affirms the effectiveness of the administration's economic policies. According to Marcos, the country had remained a lower-middle-income economy since 1987 before attaining the new classification. "After nearly four decades as a…...
June 2026 inflation could hit 7. 0% - BSP | GMA News Online
1+ day, 23+ hour ago (269+ words) Inflation could accelerate further to 7. 0% this month due to higher electricity rates and vegetable prices, according to the Bangko Sentral ng Pilipinas (BSP) on Tuesday. The BSP expects inflation to settle within a range of 6. 0% to 7. 0% in June, higher than…...
8 in 10 Filipinos worry about their financial future'what comes next?
2+ week, 6+ day ago (14+ words) GMA Network...
PH eyes more Swedish investments in RE, digitalization for job creation
2+ week, 6+ day ago (244+ words) The Philippines is looking to attract more investments from Sweden, particularly in renewable energy, digitalization, and manufacturing, as the government seeks to create more quality jobs for Filipinos moving forward. During talks with top Swedish officials, Department of Finance (DOF)…...
ANALYSIS: Is the Philippines at risk of stagflation?
4+ week, 1+ day ago (42+ words) GMA Network In 2013, the World Bank described the Philippines as a "rising tiger," pointing to its strong economic growth and improving macroeconomic stability. More than a decade later, the picture is more complicated....
Electricity rate in Iloilo may go up in June 2026
1+ mon, 2+ day ago (330+ words) The electricity rate in Iloilo may go up again in June 2026. Power distributors have not declared an amount just yet, as of this writing, but said the increase may be P1 per kilowatt hour. Among the factors causing the increase include…...
Philippine business confidence drops to -35. 8%
1+ mon, 4+ day ago (629+ words) Philippine business sentiment worsened in April as companies worried about rising inflation driven by the ongoing conflict in the Middle East, a report released by the Bangko Sentral ng Pilipinas (BSP) on Friday revealed. The business confidence index (CI) stood at…...
Philippines posts widest trade deficit in nearly four years
1+ mon, 4+ day ago (407+ words) The Philippines' trade gap continued to widen, hitting the highest deficit in over three years in April as imports grew nearly four times faster than exports, preliminary data released by the Philippine Statistics Authority (PSA) on Friday showed. The balance…...
Starbucks Korea head fired after 'Tank Day' promotion sparks public uproar
1+ mon, 1+ week ago (510+ words) SEOUL - The head of Starbucks Korea has been fired after a marketing campaign sparked public outrage and boycott calls for evoking painful memories of a brutal military crackdown on pro-democracy protesters in 1980. Shinsegae Group, the retail conglomerate that licenses and…...
Samsung chair apologizes for company's labor dispute | Photos
1+ mon, 2+ week ago (24+ words) | GMA News Online GMA Network Uploaded on May 17, 2026 07: 22 pm...