Philippine exports to the United States (US) continued to grow, while imported goods from China slid in April—when US President Donald Trump imposed tariffs on America 's trading partners. The latest preliminary data from the Philippine Statistics Authority (PSA) on Friday, May 30, showed...
If trade shocks are left unchecked, they could potentially inflict greater damage on Philippine growth, compromising the country’s significant progress in recent years, according to a top official of the Bangko Sentral ng Pilipinas (BSP). “In particular, trade shocks affect the capital stock of...
Robust government spending ahead of the May 12 elections likely sped up economic growth in the first quarter, despite private consumption largely being in wait-and-see mode as Filipinos save up, according to the research arm of global financial giant Deutsche Bank. In a May 3 report received by...