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...
The World Bank Group (WBG) has lowered its 2026 growth forecast for the Philippines to 3.7 percent, warning that the ongoing war in the Middle East is weighing heavily on energy-importing economies and threatening to push global growth to its weakest pace since the onset of the Covid-19 pandemic....
The World Bank has urged Philippine implementing agencies to focus on completing the long-delayed Metro Manila Flood Management Project amid signs of progress and with less than six months remaining before its financing expires. In a June 7 implementation status and results report, the...
The Philippine government has asked the World Bank to restructure and partially cancel over $2.34 million in unused proceeds from a Duterte-era loan supporting the country’s flagship Pantawid Pamilyang Pilipino Program (4Ps), even as the Washington-based multilateral lender cited the project’s...
Samarkand, UZBEKISTAN — Amid comparisons by some local firms claiming that the ongoing oil crisis triggered by the conflict in the Middle East is hurting their business operations more severely than the Covid-19 pandemic, economists from the Asian Development Bank (ADB) said the broader...
Tempered household consumption, still reeling from the pandemic-induced recession, is weighing on the Philippine growth outlook, according to the Economist Intelligence Unit (EIU). With private consumption—which accounts for more than 70 percent of the local economy—showing “weak momentum,”...
Robust government spending ahead of the May 12 elections likely sped up economic growth in the first quarter, despite private consumption largely being in wait-and-see mode as Filipinos save up, according to the research arm of global financial giant Deutsche Bank. In a May 3 report received by...
Former Manila Mayor Franciso "Isko Moreno" Domagoso Supporters and incumbent officials of the City of Manila have called for the return of former Manila Mayor Francisco "Isko Moreno" Domagoso's strong and pioneering public healthcare system which received nationwide recognition, especially...
The Philippines is ready to receive guidance from the World Health Organization (WHO) on how to move forward in the post-pandemic world, President Marcos assured on Friday, Dec. 6. President Ferdinand 'Bongbong' Marcos Jr. and WHO Regional Director for the Western Pacific Dr. Saia Ma’u...
The Philippines now has the means to fight lingering Covid-19 risks as well as future pandemics, as World Bank loans extended during the pandemic have been implemented satisfactorily. "The project has continued moving towards its development objectives—to strengthen the Philippines' capacity...
The Department of Health (DOH) warned the public on Friday, Nov. 8, against spreading false claims regarding Covid-19 origins and treatments. (DOH / Manila Bulletin) In a statement, the DOH cautioned the public against circulating misleading claims suggesting that Singapore discovered Covid-19 is...
The Department of Health (DOH) announced on Saturday, Sept. 21, that the total Health Emergency Allowance (HEA) obligation of P103.5 billion is “now 90 percent paid.” MANILA BULLETIN / FILE PHOTO This follows President Marcos’s decision to fully fund the remaining P27.3 billion this...