Foreign banks expect Philippine inflation to have picked up further in May, above the already more-than-four-year high of 7.2 percent last April, making room for more interest rate hikes by the Bangko Sentral ng Pilipinas (BSP). In a May 29 report obtained by Manila Bulletin, Goldman Sachs...
The Armed Forces of the Philippines (AFP) on Wednesday, June 3, disclosed it was elated with the results of a recent survey showing strong public backing for a more assertive stance in the West Philippine Sea (WPS), saying the findings reinforce the military’s ongoing defense posture and...
Japanese financial giant MUFG Bank Ltd. warned that the Philippine peso could plunge to as low as ₱64.5 against the United States (US) dollar if the Middle East war re-escalates, with the decline worsened further by a global “super” El Niño and a hawkish US central bank. MUFG analysts wrote...
Singapore-based regional surveillance body ASEAN+3 Macroeconomic Research Office (AMRO) is seeing a full-year stagflationary period as it significantly lowers its Philippine growth outlook amid mounting pressure from elevated costs of living. Based on AMRO’s June 2026 interim update of its...
Foreign banks are turning more hawkish on domestic consumer prices than the central bank, warning that expiring price freezes and unabsorbed food costs will drive inflation beyond official projections. Frankfurt-based Deutsche Bank AG has an inflation forecast of 8.1 percent for May, breaching the...
Lower-income households will need to cough up an additional ₱490 in monthly rice spending due to higher fertilizer prices and their impact on retail prices, according to the Congressional Policy and Budget Research Department (CPBRD). Under a conservative lower-bound scenario, the House of...
The government is expected to generate significantly higher revenues from imported non-agricultural fertilizer products this year as global fertilizer prices surge due to the ongoing Middle East crisis. Citing Bureau of Customs (BOC) data, think tank Congressional Policy and Budget Research...
The Armed Forces of the Philippines (AFP) said strong public backing for the country’s position in the West Philippine Sea (WPS) has strengthened its resolve to resist “coercive and illegal actions” by China in the country’s waters. AFP spokesperson for the WPS, retired admiral Roy Vincent...
The research arm of German lender Deutsche Bank expects the Bangko Sentral ng Pilipinas (BSP) to deliver bigger interest rate hikes than previously anticipated as inflation risks intensify, while also lowering its economic growth forecasts for the Philippines amid mounting external pressures and...
The inflation-targeting Bangko Sentral ng Pilipinas (BSP) is expected to continue raising interest rates to contain surging inflation despite the risk of slower economic growth. In a May 22 report, Japanese financial giant MUFG Bank Ltd. said the Philippines is facing one of the most severe...
The National Maritime Council (NMC) flagged the presence of Chinese maritime surveillance research vessels in three areas off Luzon, particularly those allegedly conducting scientific research near Pag-asa Cay. "Kinokondena ng National Maritime Council ang presensya ng mga MSR vessels na ito...
The Armed Forces of the Philippines (AFP) on Tuesday, May 19, welcomed the latest survey results conducted by an independent polling firm which showed that it remains among the country’s most trusted government institutions in the first quarter of 2026 amid its transition from internal security...
