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...
Amid expectations of slower economic growth and lower inflation this year, global investment banking giant Goldman Sachs sees more interest rate cuts by the Bangko Sentral ng Pilipinas’ (BSP) Monetary Board (MB) during the next three quarters before pausing its easing cycle. In an Aug. 7 report,...
The Armed Forces of the Philippines (AFP) was among the most trusted and best performing government agencies in the country, according to a recent survey, and no less than Department of National Defense (DND) Secretary Gilberto Teodoro Jr. expressed satisfaction, saying the public’s confidence...
While Philippine gross domestic product (GDP) growth showed relative strength in the second quarter, private-sector economists believe it is not strong enough to prevent the Bangko Sentral ng Pilipinas (BSP) from further reducing interest rates, as inflation is expected to remain soft and growth...
The Philippine economy is enjoying low inflation and accelerated growth amid a manufacturing rebound plus improved consumer spending in the second quarter of 2025, according to global investment banking giant Goldman Sachs. In an Aug. 1 report obtained by Manila Bulletin, Goldman Sachs Economics...
The Philippine Coast Guard (PCG) confronted a Chinese research vessel that has been allegedly surveying the West Philippine Sea (WPS) for 22 days already. PCG Commandant, Admiral Ronnie Gil Gavan ordered the deployment of an aircraft on Saturday, Aug. 2, to conduct a maritime domain awareness...
While several big-ticket government projects in the pipeline threaten to widen the Philippines’ current account deficit and put pressure on the trade balance, Germany-based Deutsche Bank said this could ultimately benefit the country’s economic growth and strengthen the peso in the long run....
Not even the higher tariff that the United States (US) plans to impose on Philippine goods would dampen the local equity market, thanks to strong domestic macroeconomic fundamentals, according to global investment banking giant Goldman Sachs. In a July 11 report obtained by Manila Bulletin, Goldman...
Germany-based Deutsche Bank stated that the Bangko Sentral ng Pilipinas’ (BSP) cumulative 1.25-percent interest rate reductions have been unable to lift lending growth, as lower borrowing costs were not enough to outweigh persistent economic uncertainty. This follows BSP Governor Eli M. Remolona...
A slightly higher inflation rate that remains below two percent in June would allow the Bangko Sentral ng Pilipinas (BSP) to cut interest rates some more in August, economists said. In a June 27 report, Deutsche Bank Research economist Junjie Huang said headline inflation could have inched up to...
