Both public and private investment in the Philippines are being dampened by Washington’s tariff policy and local corruption controversies, raising the risk that the nation’s economic expansion will miss the government’s targets this year and next. According to the ASEAN+3 Macroeconomic...
Scientists from Ateneo de Manila University are researching a potential vaccine that could stop Helicobacter pylori (H. pylori)—the bacterium responsible for most ulcer cases—before it causes damage, using cutting-edge immunoinformatics technology to design a new line of defense for millions at...
Singapore-based ASEAN+3 Macroeconomic Research Office (AMRO) has projected that the United States (US) tariffs imposed on its trade partners in the region, including the 19-percent duty on the Philippines, will be felt by the end of 2025. Such drag will serve as friction to gross domestic product...
Capital market stakeholders are seeking to tap the vast and growing mass affluent segment of young tech-savvy Filipino investors, as it presents a huge opportunity for wealth creation in the country. To enable this segment to help enlarge the country’s economic pie, a video library project was...
A suspected underwater drone with Chinese markings was found by local fishermen in coastal waters off Linapacan, Palawan, the Philippine Coast Guard (PCG) confirmed Tuesday, Sept. 30, raising fears that it may have been used in illegal marine research in Philippine waters. The approximately...
The Department of Education (DepEd) has unveiled major progress in its artificial intelligence (AI) projects designed to boost transparency, improve resource allocation, and strengthen student and teacher support across the country. DepEd Secretary Sonny Angara, in a statement issued Tuesday,...
Two global banking giants have flagged political and fiscal challenges posing near-term risks to the Philippine economy, especially in the aftermath of a corruption scandal involving massive public spending on ineffective flood control projects in recent years. While “there is a strong pipeline...
Consumer prices may have risen at a faster pace in August, the central bank projected, as recent typhoons and excessive rainfall likely stoked the cost of basic goods, especially food items. Last month’s inflation is expected to clock within the range of one percent to 1.8 percent, according to...
Investment banking giant Goldman Sachs expects the Bangko Sentral ng Pilipinas (BSP) to cut key interest rates by 25 basis points (bps) on Thursday, Aug. 28, amid low domestic inflation and slower economic growth. In an Aug. 22 report obtained by Manila Bulletin, Goldman Sachs Economics Research...
The Department of National Defense (DND) welcomed on Tuesday, Aug. 26, the latest results of OCTA Research’s Tugon ng Masa survey, saying it reflects strong public support for the government’s efforts to defend the Philippines’ rights in the West Philippine Sea. DND Secretary Gilberto...
Association of Southeast Asian Nations (ASEAN)+3 policymakers, including the Philippines, are urged to balance near-term spending with long-term fiscal discipline as shrinking fiscal space and rising debt costs stress the need for consolidation to meet climate- and aging-related demands, according...
Germany-based Deutsche Bank said a quarter-point rate cut on Thursday would help support Philippine economic activity, following the Bangko Sentral ng Pilipinas’ (BSP) revised forecast that the negative output gap will persist until 2027. “We see the BSP lowering its policy rate by 25 bps...
