Filipino consumers face a renewed risk of higher retail prices as manufacturers move to pass escalating production costs onto buyers, according to a Goldman Sachs Group Inc. report obtained by the Manila Bulletin. In the commentary, Goldman Sachs economists Chris Poh and Danny Suwanapruti noted...
Economic growth in the second quarter of 2026 may have slowed further to a post-pandemic low as Filipinos pumped the brakes on borrowing and spending, while public expenditure remained lackluster. In a report obtained by the Manila Bulletin, US financial giant Goldman Sachs Group Inc. noted that...
Elevated inflation, sluggish state spending, and rising import costs may have dragged Philippine gross domestic product (GDP) growth down to 2.5 percent in the second quarter, slowing further from an already five-year low of 2.8 percent in the previous quarter. Frankfurt-based Deutsche Bank AG...
Have congressmen finally made the turn image-wise from the flood control projects mess? Such is the question as House Deputy Speaker Zambales 1st district Rep. Jay Khonghun reflected on the results of the inaugural National Momentum Survey, which showed that 85.7 percent of respondents--nearly nine...
The Philippine Technology Transfer Act has failed to commercialize publicly funded research and development (R&D) despite 15 years of implementation, leaving technology transfer at a “nascent stage,” according to state-run policy think tank Philippine Institute for Development Studies (PIDS)....
The Quezon City government has opened applications for the first batch of fellows under the Betty Go-Belmonte Research Grants Program to support evidence-based research that will help shape public policy and advance the city 's sustainable development. Mayor Joy Belmonte said the program...
Singapore-based ASEAN+3 Macroeconomic Research Office (AMRO) retained its 4.1-percent economic growth forecast for the Philippines this year while trimming its inflation projection, saying the economy continues to benefit from the artificial intelligence (AI) boom despite subdued private investment...
The Bangko Sentral ng Pilipinas (BSP) is expected to extend its monetary tightening cycle to a peak of 5.5 percent, according to Goldman Sachs Group Inc., as sticky underlying price pressures overshadow the recent cooldown in headline inflation. While headline inflation decelerated to 6.4 percent...
Education is essential to nation-building, but not just any education. The eighth De La Salle University (DLSU) Senior High School (SHS) Research Congress provided a platform for young researchers and key figures in Philippine education to examine reforms in the educational system. The conference...
Jobless Filipinos increased in number by nearly half a million to 2.5 million in May from 2.03 million a year ago, driven largely by employment losses in the agriculture and forestry sectors as weather-related disruptions, including El Niño, weighed on opportunities. National Statistician Claire...
The country’s meat imports in the first five months of the year rose by nearly 22 percent to more than 720,000 metric tons (MT), as shipments from abroad continued to supplement subpar domestic production. Citing the latest Bureau of Customs (BOC) data, the Congressional Policy and Budget...
Despite headline inflation easing further to 6.4 percent in June, the Bangko Sentral ng Pilipinas (BSP) warned that price pressures from global oil prices remain strong, assuring the public that it stands ready to take the necessary policy actions to steer inflation back to its three-percent...