Localized thunderstorms will bring cloudy skies with scattered rain showers to Metro Manila and the rest of the country on Thursday, Dec. 26. (KEITH BACONGCO / MANILA BULLETIN / FILE) In its weather forecast, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA)...
Parts of Luzon and Visayas are expected to experience cloudy skies with rain on Tuesday, Dec. 24, due to the shear line and the northeast monsoon, locally known as “amihan.” (KEITH BACONGCO / MANILA BULLETIN / FILE PHOTO) In its weather forecast, the Philippine Atmospheric, Geophysical and...
While the Philippine peso could fall beyond the 60:$1 level when US President-elect Donald J. Trump returns to the White House in 2025, economic growth is expected to benefit from election-related spending next year, according to Singapore-based United Overseas Bank (UOB). "Worries about Trump's...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) has forecasted cloudy skies with scattered rains in various parts of the Philippines on Saturday, Dec. 21. (KEITH BACONGCO / MANILA BULLETIN) In its weather update, PAGASA reported that the shear line will...
The low pressure area (LPA) being monitored by the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) near Mindanao developed into a Tropical Depression (TD) named “Querubin” on Tuesday, Dec. 17. (PAGASA) PAGASA said “Querubin” is forecast to move...
London-based think tank Capital Economics warned that the strong gross domestic product (GDP) growth seen in the third quarter is unlikely to be sustained amid weak economic momentum, slowing remittances and exports, and tighter fiscal policies. "GDP growth in the Philippines accelerated in the...
Following a series of destructive calamities that have battered the Philippines and impacted its economy, the World Bank has reduced its 2024 gross domestic product (GDP) growth forecast for the country to 5.9 percent. “While the baseline growth forecast for 2024 was revised downward to 5.9...
Cloudy skies with scattered rain and thunderstorms are expected in parts of Luzon on Saturday, Dec. 7. (KEITH BACONGCO / MANILA BULLETIN / FILE) The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA), in its weather forecast, said the shear line will affect the...
The ASEAN+3 Macroeconomic Research Office (AMRO) has lowered its economic growth forecast for the Philippines for this year while maintaining its outlook for 2025 due to easing inflation and a less restrictive monetary policy. In a statement on Monday, Dec. 2, the regional think tank said the...
Partly cloudy to cloudy skies with scattered rain showers or thunderstorms are expected in various parts of the country on Saturday, Nov. 23. MB Visual Content Group In its weather forecast, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said the northeast...
Singapore-based DBS Bank is bullish that downward inflation and interest rates would bolster consumer spending as well as private investments in the Philippines even as economic growth would likely slow in the next two years. DBS Bank projects an average growth of 6.0 percent for this year, but...
“Pepito” (international name: Man-yi) continued to threaten the Bicol Region as it intensified into a super typhoon. (PAGASA) In a tropical cyclone bulletin issued at 11 a.m. on Saturday, Nov. 16, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA)...