The Philippines is looking to accelerate foreign capital inflows through the inaugural investment forum for the Luzon Economic Corridor (LEC), which will showcase key opportunities, including the proposed Pax Silica artificial intelligence (AI) hub. In a statement, the United States Trade and...
President Marcos’ economic managers will outline their roadmap for navigating global market volatility and domestic pressure at the annual Economic Journalists Association of the Philippines (EJAP) forum on Friday, Aug. 14. Finance Secretary Frederick Go, Bangko Sentral ng Pilipinas (BSP)...
Frankfurt-based Deutsche Bank expects the Bangko Sentral ng Pilipinas (BSP) to deliver another interest rate hike at its upcoming Aug. 27 policy meeting, despite slowing headline inflation and underperforming economic growth. In a commentary, Deutsche Bank projected a quarter-point increase this...
Pressure on the Bangko Sentral ng Pilipinas (BSP) to raise its benchmark interest rate has eased after economic growth slowed to a post-pandemic low in the second quarter of the year, according to the central bank officials. Speaking to reporters on the sidelines of the central bank’s...
Malacañang expects the Philippine economy to regain momentum in the second half of the year after growth slowed to 2.3 percent in the second quarter, with the government moving to accelerate spending and infrastructure projects. Presidential Communications Office (PCO) Undersecretary Claire Castro...
Metro Manila’s office market lost momentum in the second quarter as the prolonged war in the Middle East prompted companies to postpone expansion plans and delay leasing decisions, prompting property consultancy Colliers Philippines to lower its full-year net take-up forecast despite...
Despite lingering upside risks to inflation, China Banking Corp. (Chinabank) expects the Bangko Sentral ng Pilipinas (BSP) to conclude its rate-hiking cycle this August, arguing that second-round inflation effects have largely dissipated. The projection follows a third consecutive month of...
Adopting a uniform five percent tariff rate on corn imports could generate ₱17.2 billion in net economic gains as consumer savings offset losses for local farmers and government revenues, according to advocacy group Foundation for Economic Freedom (FEF). Speaking at a Tariff Commission (TC)...
The Philippines and the United States are moving quickly to advance the proposed Pax Silica initiative, with US Ambassador to the Philippines Lee Lipton saying Washington and Manila are "moving FAST" on what he described as one of the two countries ' biggest shared priorities. In a post on X...
The war in the Middle East could push as many as 86,000 more people living in Philippine urban areas into poverty as higher fuel, food, as well as transport costs strain household budgets, according to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). In its...
In its recent Philippine property market overview for the first half of 2026, Santos Knight Frank revealed that evolving industrial demand is driving a shift in the sector from traditional dry warehouses to specialized facilities such as data centers, cold storage, and smart manufacturing...
The lifting of the seven-year moratorium on new Philippine Economic Zone Authority (PEZA)-accredited information technology (IT) parks and IT centers in Metro Manila is expected to ease the shortage of PEZA-compliant office space in the capital region as well as attract more technology and business...