ADB lowers Philippine growth outlook on oil shock
The Asian Development Bank now projects Philippine gross domestic product growth at 4.4 percent for 2026 — a 0.9-percentage-point downgrade from its December…
· 2 min read
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The Asian Development Bank now projects Philippine gross domestic product growth at 4.4 percent for 2026 — a 0.9-percentage-point downgrade from its December…
· 2 min read
The international analytics firm remains optimistic about the Philippines’ long-term growth prospects, noting, however, that it has downgraded its outlook from…
· 2 min read
Electricity, food, postharvest, transport, and logistics costs for rice all grew due to higher fuel charges. Inflation rose 4.1 percent in march from 2.4…
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Loans extended by banks’ foreign currency deposit units (FCDUs) rose in the fourth quarter of 2025, reflecting steady demand for dollar funding from…
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The Bangko Sentral ng Pilipinas (BSP) expects inflation to rise within a range of 3.1 percent to 3.9 percent as the country braces for the first round of…
· 1 min read
Inflation could spike to as high as 14.3 percent, while overall economic growth may slow if global oil prices continue to surge, Economy, Planning and…
· 3 min read
The higher your income, the more exposed you actually are. You just do not feel it the same way.
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BAGUIO CITY — The cold still blankets the residents and visitors of this city even in this month of March when it is supposed to be the countdown to summer.
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Something curious is happening behind the scenes of the country’s trade corridors, and a few insiders in business circles are quietly raising alarms.
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El Niño contributed to making 2023 the second-hottest year on record and 2024 the all-time high.
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Inflation may spike to as high as 4.0 percent in the coming months due to rising oil prices stemming from the Iranian conflict in the Middle East, according to…
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It noted, however, that lower prices of vegetables, fruits and meat, as well as peso appreciation, could partly offset these pressures.
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The global smartphone market is projected to suffer its sharpest decline on record in 2026 as shortages of memory chips and rising component costs force…
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The Bureau of Customs (BoC) on Saturday reminded travelers of long-standing rules governing the entry and exit of Philippine and foreign currencies, warning…
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Economists, government agencies, and the central bank attributed the shortfall largely to the fallout from the ongoing flood control infrastructure scandal.
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A combination of geopolitical tensions, supply expectations, inventory movements and market sentiment shaped global oil prices.
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“Very good.”
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