British banking giant Barclays said dovish members of the Monetary Board (MB) will likely support a less aggressive policy stance amid signs of cooling inflation, adding that monetary authorities may reverse their tightening cycle by 2027 to buoy a slowing economy. “With the May inflation print...
Senator Francis “Chiz” Escudero has urged the national government to consider non ‑ tax revenue options to achieve long-term fiscal stability even as state economic managers continue to study ways to strengthen the country’s revenue generation policies. Escudero said the government should...
Singapore-based regional surveillance body ASEAN+3 Macroeconomic Research Office (AMRO) is seeing a full-year stagflationary period as it significantly lowers its Philippine growth outlook amid mounting pressure from elevated costs of living. Based on AMRO’s June 2026 interim update of its...
Latest numbers from the Philippine Statistics Authority (PSA) serve as a reality check for the Marcos administration, which has been promising a new economic era. The economy grew by just 2.8 percent in the first quarter of the year, a cold shower for a country recently touted as a regional leader....
The Philippines is more vulnerable to “stagflationary” shock than any of its Southeast Asian neighbors as surging energy costs and cooling domestic demand squeeze the country’s economy, according to Oversea-Chinese Banking Corp. (OCBC) In a research note published last week, OCBC economists...
President Marcos has called for deeper cooperation in a bid to restore the Association of Southeast Asian Nations ' (ASEAN) position as a global economic driver. Marcos, during the ASEAN Editors and Economic Opinion Leaders Forum in Makati City, said ASEAN centrality must remain at the core of...
The Department of Public Works and Highways (DPWH) is accelerating the Road Network Development Project in Conflict-Affected Areas in Mindanao (RNDP-CAAM) to link remote communities in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) to new opportunities and lasting peace. Senior...
Malacañang has brushed aside recent downgrades by international financial institutions, saying the Philippine economy remains on a stable medium-term path and is expected to rebound gradually starting in 2026 as reforms take hold. Presidential Communications Office (PCO) Undersecretary Claire...
BAGUIO CITY – This city registered a 5.8 percent economic growth in 2024 and remains the fastest growing economy among all Cordillera provinces and highly urbanized cities, the Philippine Statistics Authority-Cordillera said. PSA-Cordillera Chief Statistical Specialist Aldrin Federico Bahit Jr....
Since 2022, artificial intelligence (AI) has begun to transform the Philippine economy—not as a futuristic concept, but as a current and measurable force. Generative AI tools are already reshaping the business landscape, from finance and marketing to logistics and customer service. Local...
Citing weaker-than-expected economic growth in the first semester of 2025, the International Monetary Fund (IMF) has lowered its 2025 and 2026 gross domestic product (GDP) forecasts, with next year’s outlook seen to fall short of the downscaled growth goal. IMF Mission Chief Elif Arbatli...
A five percent economic expansion could be more difficult to achieve this year as Nomura, Japan’s largest investment bank and brokerage group, believes the United States’ (US) higher-than-expected tariffs on Philippine exports could massively weigh on growth. “We think the tariff rates set by...
