While the East Asia and Pacific region has driven the reduction of the Global Prosperity Gap (GPG), the Philippines remains classified as a country with high inequality, World Bank data revealed. According to a World Bank blog published on Jan. 8, the region has greatly contributed in closing...
Think tank Oxford Economics sees the Philippines and other emerging markets (EMs) continuing to dominate the global growth rate rankings in the next two years. According to Oxford Economics, the Philippine economy will expand by 13 percent by 2026, which would allow the country to secure the 11th...
While other developing countries in Southeast Asia could suffer severely from looming US tariff rate hikes, HSBC sees the Philippines as well-positioned to weather these risks. During a media briefing on Jan. 8, Aris Dacanay, ASEAN economist at HSBC Philippines, said that unlike its neighboring...
The Philippine economy stands out as a global outperformer, bolstered by robust domestic consumption and a favorable demographic profile, BDO Unibank said in a briefing for Japanese business leaders. The bank noted that “despite facing global headwinds, the nation continues to demonstrate...
Metro Manila and the rest of the country will experience cloudy weather with rain on Saturday, Jan. 4, according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA). (KEITH BACONGCO / MANILA BULLETIN) In its weather forecast, PAGASA said that localized...
Parts of Northern and Central Luzon will experience cloudy skies, along with rain and thunderstorms, on Friday, Jan. 3, due to two weather systems currently being monitored by the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA). MB Visual Content Group In its...
Rainy weather will prevail across most parts of the country on Thursday, Jan. 2, due to three weather systems, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). (KEITH BACONGCO / MANILA BULLETIN) In its weather forecast, PAGASA stated that the...
The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) has identified the tropical cyclone names for this year. (PAGASA / MANILA BULLETIN) The names of tropical cyclones assigned by the state weather bureau are listed in alphabetical order, excluding the letters...
Three weather systems will bring rainy weather to most parts of the Philippines on Wednesday, Jan. 1. (KEITH BACONGCO / MANILA BULLETIN) In its weather update, the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) said the Intertropical Convergence Zone...
The Philippines is expected to sustain robust economic expansion in 2025 amid expectations of slower price hikes and lower interest rates boosting consumer spending, according to the think tank Capital Economics. "Strong consumption should ensure another year of solid growth in 2025," Capital...
The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) said on Saturday, Dec. 28, that rains are expected in parts of the country due to three weather systems. (KEITH BACONGCO / FILE PHOTO / MANILA BULLETIN) In its weather forecast, PAGASA said that the shear...
Various parts of the Philippines are expected to experience cloudy weather with isolated rain showers on Friday, Dec. 27, according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA). (MB VIsual Content Group) In its weather forecast, PAGASA said...