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Philstar. com
philstar. com > business > 05/03/2026 > 2525192 > middle-east-conflict-may-derail-philippines-upper-middle-income-bid

Middle East conflict may derail Philippines upper middle-income bid

1+ hour, 50+ min ago  (418+ words) MANILA, Philippines " A prolonged Middle East conflict could weigh on the Philippines" push to attain upper middle-income status if it dampens economic growth, according to the Department of Economy, Planning and Development (DEPDev). "It affects, obviously, if your growth becomes…...

Philstar. com
philstar. com > business > 05/02/2026 > 2525174 > filipino-jobs-among-most-exposed-genai-risks-asean

Filipino jobs among most exposed to Gen AI risks in ASEAN

12+ hour, 32+ min ago  (382+ words) MANILA, Philippines " The Philippines is among the ASEAN economies most exposed to generative artificial intelligence, with the technology expected to reshape jobs more than wipe them out, according to an analysis by International Labor Organization employment specialists. In a'report late…...

Philstar. com
philstar. com > business > 05/01/2026 > 2524765 > digital-economy-logs-p274-trillion-2025

Digital economy logs in at P2. 74 trillion in 2025

2+ day, 1+ hour ago  (217+ words) MANILA, Philippines " The value of the country's digital economy hit P2. 74 trillion last year, driven by the continued increase in online transactions. Data from the Philippine Statistics Authority yesterday showed that the Philippine digital economy's value last year was higher than…...

Philstar. com
philstar. com > headlines > 04/21/2026 > 2522474 > fitch-turns-negative-philippines-credit-downgrade-possible

Fitch turns "negative" on Philippines; credit downgrade possible

1+ week, 5+ day ago  (408+ words) MANILA, Philippines " Fitch Ratings has downgraded the Philippines" outlook to negative from stable, signaling rising risks to the country"s credit profile even as it maintained the investment-grade "BBB" rating. In a rating action commentary, Fitch said the revision reflects…...

Philstar. com
philstar. com > business > 04/26/2026 > 2523542 > ncr-economy-expands-44-2025

NCR economy expands by 4. 4% in 2025

1+ week, 1+ hour ago  (227+ words) MANILA, Philippines " The National Capital Region's(NCR) economy grew by 4. 4 percent in 2025, driven mainly by the services sector, according to the Philippine Statistics Authority (PSA). Data from the PSA showed that the NCR grew at a slower pace last year…...

Philstar. com
philstar. com > opinion > 04/23/2026 > 2522869 > downgrade

Downgrade

1+ week, 3+ day ago  (831+ words) The bad news just keeps coming. This week, Fitch Ratings downgraded the Philippines" outlook to "negative" from "stable." The outlook downgrade could pave the way to a credit ratings downgrade a few months down the road. The downgrade of our…...

Philstar. com
philstar. com > business > 04/22/2026 > 2522597 > philippines-may-grow-over-5-2026-2027

Philippines may grow by over 5% in 2026, 2027

1+ week, 4+ day ago  (326+ words) MANILA, Philippines " The Philippines is expected to grow at a faster pace this year and the next, but the ongoing conflict in the Middle East poses risks, according to the United Nations Economic and Social Commission for Asia and the…...

Philstar. com
philstar. com > business > 04/21/2026 > 2522346 > philippines-lacks-fiscal-room-supplemental-budget-detrimental-deficit-cpbrd

Philippines lacks fiscal room for supplemental budget, detrimental to deficit " CPBRD

1+ week, 5+ day ago  (446+ words) MANILA, Philippines " The Philippine government is cautioned against lawmakers" proposals for a supplemental budget intended to cushion the impact of the Middle East conflict, citing limited fiscal space and the risk of widening the deficit and debt. In its report,…...

Philstar. com
philstar. com > business > 04/19/2026 > 2521910 > philippines-uk-trade-expected-rise-year

Philippines-UK trade expected to rise this year

2+ week, 8+ hour ago  (327+ words) MANILA, Philippines " Bilateral trade between the Philippines and United Kingdom is expected to increase this year following enhancements made to an existing preferential trade arrangement. During the Makati Business Club's Foreign Leaders Series event, UK Ambassador Sarah Hulton told reporters…...

Philstar. com
philstar. com > business > 04/16/2026 > 2521220 > sp-philippines-banks-resilient-despite-180-billion-downside-risk-aspac

S&P: Philippines banks resilient despite $180 billion downside risk in As Pac

2+ week, 3+ day ago  (412+ words) MANILA, Philippines " Philippine banks are expected to remain resilient even as a worsening Middle East conflict could expose Asia-Pacific lenders to as much as $180 billion in additional credit losses over the next two years, according to S&P Global Ratings....