Thony Rose Lesaca, Author at Manila Standard

Business

Foreign reserves hit 15-month low of $104.1 billion in April

May 8, 2026, 8:30 PM

The Philippine gross international reserves dropped to a 15-month low of $104.13 billion in...

Business

BMI, HSBC cut 2026 growth forecast on regional tensions

May 8, 2026, 8:10 PM

BMI, a unit of Fitch Solutions, lowered its 2026 economic growth forecast for the...

Banking & Finance

Philippine banks remain resilient as assets hit P29.9 trillion

May 8, 2026, 8:00 AM

The Philippine financial system remained resilient in the second half of 2025 as the...

Business

DEPDev backs tax cuts but warns of revenue gap

May 7, 2026, 8:10 PM

Department of Economy, Planning and Development Secretary Arsenio Balisacan said Thursday he favors reducing...

Business

Philippines’ economic growth slows to 5-year low of 2.8%

May 7, 2026, 10:16 AM

Philippine economic growth slowed to 2.8 percent in the first quarter of 2026, marking a five-year low as declines in agriculture and industry weighed on the economy despite steady service sector gains.

Business

Weak peso pushed government debt to P18.49 trillion in March

May 7, 2026, 8:30 AM

The Philippine government's total outstanding debt reached P18.49 trillion as of end-March 2026, up...

Business

BIR shifting to modern property valuation

May 6, 2026, 7:14 PM

The Bureau of Internal Revenue (BIR) is preparing to shift to a market value-based...

Business

Philippine unemployment rate rose to 5% in March 2026

May 6, 2026, 9:24 AM

The Philippine unemployment rate rose to 5 percent in March 2026, with 2.58 million Filipinos jobless, according to the latest Labor Force Survey from the PSA.

Thony Rose Lesaca

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