Think tank Capital Economics has warned that the stalling Philippine economic growth would persist this year, even as easing inflation and expectations of more interest rate cuts by the central bank will improve prospects next year. While the country’s gross domestic product (GDP) grew 6.3...
The inflation rate, reflecting the increase in consumer prices, is expected to slow down in the coming months, aligning with forecasts from the government and the Bangko Sentral ng Pilipinas (BSP). In a commentary, Dutch bank ING said that headline inflation will retreat to the target of two...
Expectations that rice tariff cuts will ease inflation would allow the Bangko Sentral ng Pilipinas (BSP) to lower interest rates as planned, even as the weak peso may be a deterrent to do it sooner, according to economists. "Given the dovish language from the central bank, we are sticking with our...
Amid elevated consumer prices and slowing economic expansion, many Filipinos are holding back from spending their hard-earned money, resulting in the lowest private consumption growth rate since 2010 during a non-pandemic period, according to the think tank Oxford Economics. "The main culprit is...
UK-based think tank Oxford Economics has identified nine cities in the Philippines among the largest urban economies in the world. In the Oxford Economics Global Cities Index , which ranks the 1,000 largest cities worldwide, Manila is the biggest city in the Philippines but is not considered a...
H.E. Amb. Artur Dmochowski of the Embassy of Poland in Thailand presented the Global Economic Awards to Landco Pacific Corporation for the Best Leisure Real Estate (Resort Estate) Developer of the Year award. Accepting the award on behalf of Landco were CFO Marycris Panganiban, Sales Admin &...
Separating politics and the economy is key to maintaining the Philippines' political stability and economic growth amid geopolitical issues. President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) President Marcos made the statement during an interview at the World Economic Forum (WEF) where he...
The Philippines' move towards renewable energy is expected to cause less disruption in electricity prices compared to other Southeast Asian countries, a study conducted by Oxford Economics showed. In a report, Oxford Economics said that the increase in energy prices in the Philippines during its...
The news that Malacañang has extended the long weekend of the first week of April was gladly met by both tourism industry players and vacation seekers. The President announced on March 14 to move the observance of the April 9, Araw ng Kagitingan, the next day, thus completing an extended long...
Here’s an innovative 6-year program for Grade 10 graduates ALL IN SIX The Six-Year Integrated University Program (6YP) of University of Asia & the Pacific combines Senior High, Bachelor’s, and Master's degrees in just six years Maria Alexandria Patricia Decena, at 22, has a master’s...
Senator Raffy Tulfo has filed a bill seeking to rationalize the celebration of national holidays to allow for long weekends during the year, which could boost domestic tourism in the country and promote work-life balance for both employees and students. Tulfo filed Senate Bill (SB) 1651 to amend...
Global think tank Fitch Solutions has raised the Philippines Short-Term Political Risk Index Score, while London-based Oxford Economics warned of potential credit downgrades for the country if expansionary deficit spending is pursued by the incoming new administration, after unofficial results...
