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...
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...
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...
While deemed as one of the Philippines’ economic drivers during the COVID-19 pandemic, the agriculture sector is also at risk of having its national budget allocation reduced due to fiscal adjustments post COVID. Ibit Integrated Farm is a five-hectare land in San Fernando, La Union that has been...