The Union of Local Authorities of the Philippines (ULAP) urged local government units (LGUs) to craft measures that would address the rise of stunted growth among Filipino children. ULAP president Dakila “Dax’’ Cua asserted that the increasing number of stunted Filipino children is cause...
KUBUQI DESERT, China (AP) — For half a century, millions of workers have repeated a task across the deserts in northern China: inserting forearm-length sticks into shifting sand, first in a row, then in an intersecting line, gradually forming a grid. Then saplings are planted at the center of...
The Asian Development Bank (ADB) slashed its Philippine economic growth forecast to 3.8 percent this year, which, if realized, would be the country’s slowest post-pandemic expansion amid delayed investments, higher inflation, and risks from climate shocks. In its Asian Development Outlook (ADO)...
British banking giant HSBC expects the Bangko Sentral ng Pilipinas (BSP) to raise interest rates by another 75 basis points (bps) following its recent hikes as inflation is projected to significantly overshoot the target ceiling this year, while economic growth remains dampened. “Higher oil...
Think tank Capital Economics expects the Philippine economy to grow below the government’s downgraded targets over the next three years, warning that the country’s recovery would likely remain sluggish as weak confidence, tight fiscal policy, and the lingering impact of recent shocks weigh on...
Global credit rating agency Fitch Ratings has revised its outlook for the Philippine banking sector from ‘neutral’ to ‘deteriorating,’ warning that recent macroeconomic pressures will likely weaken borrowers’ repayment capacity and compress bank earnings. In a June 25 commentary, Fitch...
Malacañang expressed confidence that the Philippine economy will post stronger growth in the second half of the year despite the government 's decision to lower its gross domestic product (GDP) growth forecast for 2026. Presidential Communications Office (PCO) Undersecretary Claire Castro...
Inflation carries a high likelihood of becoming de-anchored once fresh price shocks emerge, think tank Economist Intelligence Unit (EIU) warned, citing in particular the looming risk of a “super” El Niño driving up food costs. “With inflation already well above target, new price shocks are...
Philippine bond yields posted one of the largest increases in emerging East Asia in recent months as the war in the Middle East fueled inflation, prompted tighter monetary policy, and heightened investor concerns over the country’s economic vulnerabilities, according to the Asian Development Bank...
De La Salle University (DLSU) economists have lowered their 2026 economic growth forecast anew, warning that mounting global and domestic shocks could leave the Philippine economy posting its slowest post-pandemic expansion this year. In their latest report on the Philippine economy for June 2026...
British banking giant Barclays said dovish members of the Monetary Board (MB) will likely support a less aggressive policy stance amid signs of cooling inflation, adding that monetary authorities may reverse their tightening cycle by 2027 to buoy a slowing economy. “With the May inflation print...
Senator Francis “Chiz” Escudero has urged the national government to consider non ‑ tax revenue options to achieve long-term fiscal stability even as state economic managers continue to study ways to strengthen the country’s revenue generation policies. Escudero said the government should...
