UMIC status unlikely to deliver immediate gains — PSA Intelligence
The Philippines' newfound upper-middle-income country (UMIC) status is unlikely to have a tangible impact in the near term, according to risk management firm…
· 2 MIN READ
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The Philippines' newfound upper-middle-income country (UMIC) status is unlikely to have a tangible impact in the near term, according to risk management firm…
· 2 MIN READ
Strong demand for artificial intelligence (AI)-related products and resilient domestic spending have prompted economists to raise the 2026 growth outlook for…
· 2 MIN READ
The Bangko Sentral ng Pilipinas (BSP) expects inflation to ease for a third consecutive month in July as lower prices of key food items help offset the broader…
· 2 MIN READ
Gross domestic product (GDP) growth likely slowed further to 1.9 percent in the second quarter of 2026 as persistently weak public infrastructure spending,…
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Philippine economic growth could drop to as low as 1.4 percent in the second quarter as the Middle East conflict continues to weigh on the domestic economy,…
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Philippine economic growth could slow to as low as 1.42 percent in the second quarter as the Gulf conflict continues to weigh on the domestic economy,…
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The Philippine economy is likely to encounter a more difficult second half of the year as inflation, weaker public spending and mounting artificial…
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Resilience, however, shouldn’t be a substitute for good governance. We shouldn’t have to overcome self-inflicted wounds every single time.
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Despite remaining headwinds, PSE president and CEO Ramon S. Monzon remains bullish on the PSE’s performance in the second half of the year. ‘Our projected…
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Maybank has raised its growth forecasts for the Philippines, citing stronger public spending, resilient remittance inflows and services exports that are…
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The Economy and Development Council approved a P10.07-billion Philippine Geothermal Resource Derisking Facility, a government-backed financing mechanism to…
· 2 MIN READ
Inflation eased for the second consecutive month in June, declining to 6.4 percent from 6.8 percent in May, falling within the Bangko Sentral ng Pilipinas’…
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Headline inflation likely continued to ease in June as lower fuel prices and declining costs of key food items helped temper price pressures, although…
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The labor market compounds the misery. The unemployment rate rose from 4.4 percent in December 2025 to 5 percent in March 2026, while core inflation climbed to…
· 3 MIN READ
The Development Budget Coordination Committee (DBCC) has significantly reduced the Philippines’ economic growth target for 2026 amid mounting risks stemming…
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However, Japanese manufacturers remain hesitant to commit additional capital due to persistent challenges affecting the ease of doing business.
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Consumption has long been the driver of Philippine economic growth, accounting for roughly three-fourths of gross domestic product for decades and ranking…
· 5 MIN READ
Malacañang on Thursday said the government must accelerate infrastructure spending to help boost economic growth after lowering its gross domestic product…
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