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),...
Crime incidents in Metro Manila dropped by 60 percent during the Holy Week compared to the same period last year, the National Capital Region Police Office (NCRPO) said on Monday, April 21. While the significant decrease is mainly attributed to the exodus of Metro Manila residents and workers...
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...
Surging United States (US) tariffs will weaken the global economy and push up inflation this year, according to projections to be released next week by the Washington-based multilateral lender International Monetary Fund (IMF). The IMF’s Managing Director, Kristalina Georgieva, said Thursday,...
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...
The percentage of Filipino families who consider themselves “mahirap” or poor slightly increased to 52 percent in March, equivalent to around 14.4 million households, based on the Stratbase-Social Weather Stations (SWS) survey conducted from March 15 to 20. This figure was up from 51 percent...
PNP (Mark Balmores/ MANILA BULLETIN) One incident can't magically undo the Philippine National Police's (PNP) gains against criminality. Thus, said House Assistant Majority Leader Lanao del Sur 1st district Rep. Zia Alonto Adiong as he...
ILOILO CITY — Prices of basic goods and services in Western Visayas remained unchanged for the second straight month. PEOPLE purchase goods in a stall in a wet market in Iloilo City. (Tara Yap) The Philippine Statistics Authority-6 reported that the region’s inflation rate remained at 2.7...
Senators on Wednesday, April 9 welcomed the continued decline in the unemployment rate in the country which dropped to 3.8 percent in February 2025. “The continued decline in the unemployment rate to 3.8 percent in February, down from 4.3 percent along with the decrease in underemployment...
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...
House Speaker Martin Romualdez (Speaker’s office) For House Speaker Martin Romualdez, the falling unemployment rate is proof that the Marcos administration's policies are uplifting Filipinos. Romualdez on Tuesday, April 8, welcomed the...
Jobless Filipinos increased in number to 1.94 million in February 2025 from 1.8 million last year, as the job market struggled to absorb over 40 percent of new job seekers. According to the Philippine Statistics Authority (PSA), the February 2025 figure reflects an increased annual unemployment...
