Inflation would likely fall to a five-year low in 2025, providing policy space for more interest rate cuts supportive of economic growth, according to the think tank Capital Economics."We expect GDP [gross domestic product] growth in the Philippines to remain relatively strong in 2025, helped by...
Department of Foreign Affairs (DFA) Secretary Enrique Manalo on Monday, April 28, underscored the need for middle-income countries (MICs) like the Philippines to adhere to the international rules-based order to fulfill its potential of becoming "pacemakers" of the global economy and...
Amid a looming global trade war, the World Bank slashed its 2025 and 2026 growth forecasts for the Philippines to levels that would bring two-year economic expansion to their slowest pace post-pandemic.According to the Washington-based multilateral lender's East Asia and Pacific Economic Update...
ILOILO CITY – The Gross Domestic Regional Product (GRDP) of Western Visayas region dropped to P641.76 billion in 2024 from the P1 trillion in 2023 without Negros Occidental province.MORE buildings at Iloilo Business Park in Iloilo City. (Tara Yap)The Philippines Statistics Authority recorded an...
The Philippines' economic growth would fall below expectations in the next two years as the threat of a global trade war intensifies, according to the International Monetary Fund (IMF).In its April 2025 World Economic Outlook (WEO) report, published on Tuesday night, April 22 (Philippine time), the...
While the share of the Philippine government's budget deficit and debt to the economy are going down and "stabilizing," respectively, the ASEAN+3 Macroeconomic Research Office (AMRO) is urging fiscal authorities across the region to remain prudent in spending on public goods and services as a global...
The Economist Intelligence Unit (EIU) expects the Bangko Sentral ng Pilipinas (BSP) to cut key interest rates by an additional 100 basis points (bps) for the remainder of 2025 to arrest potentially slower economic growth as a result of the intensifying global trade war."The BSP has room to maneuver...
Regional surveillance organization ASEAN+3 Macroeconomic Research Office (AMRO) has forecast that the Philippines may fall short of the government's lower-end growth target of six percent, casting doubt on earlier projections of it becoming the region's fastest-growing economy.Prior to United...
The Philippines' chief economist has conceded that the country may not be able to achieve the eight-percent upper end of its 2025 growth target due to lingering global uncertainties, including the reciprocal tariffs United States (US) President Donald Trump slapped on its imports."The eight...
The tariff exemption on electronic products ordered by United States (US) President Donald Trump would provide the Philippines' top export commodity some relief, according to Japanese financial giant MUFG Bank Ltd.This will reinforce the Philippines' position among the emerging markets relatively...
BSP Governor Eli RemolonaBangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. is optimistic that the resumption of monetary policy easing will help narrow the gap between the economy's subpar output growth and its full potential."I hope so. That's [policy easing] our main tool. We...
While the Philippines is poised to sustain robust economic growth despite the threat posed by United States (US) President Donald Trump's tariffs, the Asian Development Bank (ADB) is urging the government to fast-track the implementation of big-ticket infrastructure projects to stimulate domestic...
