Wednesday, May 20, 2026
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Today's Print
Today's Print

Thony Rose Lesaca

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Business

World Bank slashes Philippine growth forecast to 3.7% as oil shock hits

The World Bank lowered its 2026 GDP growth forecast for the Philippines to 3.7 percent, citing oil price shocks and regional economic headwinds.
Business

Unemployment rate rose to 5.1% in February—PSA

Unemployment rate climbed to 5.1 percent in February 2026 from 3.8 percent a year...
Business

GIR sank to 7-month low in March amid global fuel volatility

The Philippines’ gross international reserves (GIR) fell to a seven-month low of $107.51 billion...
Business

Philippine peso rebounds to 59-level on US-Iran ceasefire hopes

The Philippine peso strengthened to the 59-per-dollar level Wednesday, closing at 59.43 against the...
Business

Philippine jobless rate fell to 5.1% in February as labor force expanded

The Philippine unemployment rate fell to 5.1 percent in February 2026 as the labor force grew to 52.09 million, though joblessness remains higher than 2025 levels.
Business

Government budget utilization improved to 87% in February

The Philippine government budget utilization rate improved to 87 percent in February 2026 from...
Business

February budget deficit narrowed as revenues surged 43.5%

The national government's budget deficit slightly narrowed to P171.2 billion in February 2026 as...
Business

March inflation soared to 4.1% on transport and food costs

Philippine headline inflation accelerated to 4.1 percent in March 2026, driven by a sharp spike in transport costs and rising food prices.
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