Despite recent interest rate cuts by the Bangko Sentral ng Pilipinas (BSP), inflation hitting nearly six-year lows in recent months, and still-muted second-quarter growth in some sectors, further reductions in key borrowing costs are seen as necessary. “We think the second-quarter GDP [gross...
Amid expectations of slower economic growth and lower inflation this year, global investment banking giant Goldman Sachs sees more interest rate cuts by the Bangko Sentral ng Pilipinas’ (BSP) Monetary Board (MB) during the next three quarters before pausing its easing cycle. In an Aug. 7 report,...
The Philippines and Southeast Asia may attract foreign investments avoiding China and India if the United States (US) pushes through with its threat of higher tariffs on Indian goods, according to the think tank Capital Economics. “[US] President [Donald] Trump’s threat to impose an additional...
As Filipinos evolve alongside technology, the marketplace tradition once reserved for the hustle and bustle of wet markets is finding new life in the digital realm. The art of “tawad” or haggling is seen growing in the world of online shopping, yet its brushstroke still paints the same...
While Philippine gross domestic product (GDP) growth showed relative strength in the second quarter, private-sector economists believe it is not strong enough to prevent the Bangko Sentral ng Pilipinas (BSP) from further reducing interest rates, as inflation is expected to remain soft and growth...
Malacañang on Tuesday welcomed the steady decline in the country’s inflation rate over the past six months, describing it as a “magical” feat given global economic pressures. Speaking to Filipino reporters covering President Marcos’ state visit to India, Communications Undersecretary...
Rice prices dropped at their fastest pace since 1995, bringing consumer price increases to below one percent in July, partly supported by the current administration’s ₱20-per-kilo rice program. Philippine Statistics Authority (PSA) Undersecretary and National Statistician Claire Dennis Mapa...
The Philippine economy is enjoying low inflation and accelerated growth amid a manufacturing rebound plus improved consumer spending in the second quarter of 2025, according to global investment banking giant Goldman Sachs. In an Aug. 1 report obtained by Manila Bulletin, Goldman Sachs Economics...
With rice prices still seen to have dropped further recently, the central bank has forecast that increases in consumer prices likely slowed even more in July, following the five-and-a-half-year lows of 1.4 percent in June and 1.3 percent in May. As such, private-sector economists said that the...
Citing still favorable inflation data, President Marcos’ chief economic manager said the Bangko Sentral ng Pilipinas (BSP) could proceed with delivering two quarter-point cuts in the key interest rate by year-end even if the United States (US) Federal Reserve (Fed) decides to pause its easing...
Pulse Asia’s June 2025 survey revealed that inflation remains the most urgent national concern for Filipinos, while more respondents now cite the need to increase workers’ pay compared to the previous quarter. The survey results released on Thursday, July 17, showed that 62 percent of Filipino...
Controlling inflation is the top issue Filipino adults want President Ferdinand Marcos Jr. to discuss in his 2025 State of the Nation Address (SONA), based on a nationwide Pulse Asia survey released on Friday, July 11. Nearly one-third of respondents (32.9 percent) identified inflation as the main...
