Inflation would likely fall to a five-year low in 2025, providing policy space for more interest rate cuts supportive of economic growth, according to the think tank Capital Economics. "We expect GDP [gross domestic product] growth in the Philippines to remain relatively strong in 2025, helped by...
Amid a looming global trade war, the World Bank slashed its 2025 and 2026 growth forecasts for the Philippines to levels that would bring two-year economic expansion to their slowest pace post-pandemic. According to the Washington-based multilateral lender’s East Asia and Pacific Economic Update...
The Philippines and other countries with middle-income status are poised to take on a “bigger role” in shaping discussions on the path toward 21st-century development and “new generation partnerships,” Department of Foreign Affairs (DFA) Secretary Enrique Manalo said on Thursday, April 24....
The Philippines' economic growth would fall below expectations in the next two years as the threat of a global trade war intensifies, according to the International Monetary Fund (IMF). In its April 2025 World Economic Outlook (WEO) report, published on Tuesday night, April 22 (Philippine time),...
The Economist Intelligence Unit (EIU) expects the Bangko Sentral ng Pilipinas (BSP) to cut key interest rates by an additional 100 basis points (bps) for the remainder of 2025 to arrest potentially slower economic growth as a result of the intensifying global trade war. "The BSP has room to...
R egional surveillance organization ASEAN+3 Macroeconomic Research Office (AMRO) has forecast that the Philippines may fall short of the government’s lower-end growth target of six percent, casting doubt on earlier projections of it becoming the region’s fastest-growing economy. Prior to United...
The Philippines’ chief economist has conceded that the country may not be able to achieve the eight-percent upper end of its 2025 growth target due to lingering global uncertainties, including the reciprocal tariffs United States (US) President Donald Trump slapped on its imports. “The eight...
The tariff exemption on electronic products ordered by United States (US) President Donald Trump would provide the Philippines' top export commodity some relief, according to Japanese financial giant MUFG Bank Ltd. This will reinforce the Philippines' position among the emerging markets relatively...
While the Philippines is poised to sustain robust economic growth despite the threat posed by United States (US) President Donald Trump's tariffs, the Asian Development Bank (ADB) is urging the government to fast-track the implementation of big-ticket infrastructure projects to stimulate domestic...
Despite weaker-than-expected growth in 2024, the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) forecasts the Philippine economy to accelerate past six percent this year and reach 6.3-percent growth next year, matching the pace of Vietnam. According to the 2025...
United States (US) President Donald Trump's reciprocal tariffs on the Philippines could further slow the already subpar economic growth expected this year, according to DBS Bank Ltd. of Singapore. In an April 7 report, DBS Group Research chief economist Taimur Baig and senior economist Radhika Rao...
The Philippine Statistics Authority (PSA) has revised upwards the country’s economic performance for the full year of 2024 to 5.7-percent growth, from the preliminary 5.6-percent figure. This upward revision still falls short of the government’s downscaled 2024 gross domestic product (GDP)...
