Wednesday, December 31, 2025
Today's Print

Tag: Philippines economy

Philippine manufacturing posted slower growth of 2.2% in June 2025

The Philippine manufacturing sector posted a slower growth in June 2025, according to the Philippine Statistics Authority (PSA). Data from the PSA showed that the...

Cebu Pacific’s first-half profit soared 153% to nearly P9 billion

Cebu Pacific said Wednesday its net income soared 153 percent in the first half of 2025, driven by strong passenger growth, better operational efficiency...

Big-time oil price hike by as much as P1.90 per/l

The country’s oil firms implemented a big time oil price hike of as much as P1.90 per liter for gasoline effective 6am today to...

BSP rate cut ‘on the table’ in August, says Remolona

Another key interest rate cut is "on the table" as early as Aug. 28, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said,...

Good governance key to Philippine startup growth, says Kickstart Ventures

Kickstart Ventures is urging good governance within the Philippine startup ecosystem, citing its importance for sustained growth and investor confidence. The country's largest corporate venture...

PH remains stable financially despite global uncertainties

The Philippines economy proved resilient in the past six months despite the global uncertainties that could have stifled growth and impacted the stability of...

Fitch unit sees full recovery of PH spending by next year

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GDP shrank 11.5% in third quarter 

The country's gross domestic product shrank 11.5 percent in the third quarter from a year ago, an improvement from the revised 16.9-percent decline in...

Fitch retains ratings of five local banks

Global credit watchdog Fitch Ratings said Tuesday it affirmed the long-term issuer default ratings on five privately owned banks in the Philippines, driven by...

Strong peso, rising forex reserves

"The second-quarter economic plunge is likely temporary." The Philippines economy would have been in a complete shambles now after the gross domestic product registered a...

S&P says PH less affected by virus but ADB cautious

Major debt watcher S&P Global Ratings on Friday said the Philippines is among the economies in the Asia-Pacific region that could be less affected...

Philippines climbs 4 places to rank 46th most competitive economy in the world

The Philippines climbed four places to rank 46th out of 63 economies in the IMD World Competitiveness Rankings 2019. Trade Secretary Ramon Lopez said the...

IMF very optimistic on economy

The International Monetary Fund relayed to the country’s economic managers its “very optimistic” growth outlook on the Philippines owing to the economy’s continued “impressive”...
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