Wednesday, May 20, 2026
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Tag: Philippines economy

LEDAC prioritizes bill disqualifying relatives in government contracts

The Legislative-Executive Development Advisory Council (LEDAC) has approved 44 new priority legislative measures for the 20th Congress, including the amendments to the Bank Deposits...

Philippine manufacturing index contracted in September 2025—S&P Global

The S&P Global Philippines Manufacturing Purchasing Managers' Index (PMI) dropped below the 50.0 growth threshold in September for only the third time in over...

BSP warns of continuous BOP deficit in next two years

The Bangko Sentral ng Pilipinas (BSP) warned on Wednesday the country's balance of payments (BOP) would remain in deficit over the next two years...

Quezon City, Laguna listed as biggest city, provincial economies

Quezon City retained its status as the Philippines' largest economic contributor among 33 highly urbanized cities, while Laguna solidified its position as the biggest...

Philippine bank loans expanded by 11.8% in July 2025

Outstanding loans from universal and commercial banks (U/KBs) to businesses and individual consumers sustained their double-digit growth in July 2025, preliminary data from the...

Oxford, Citi expect another BSP rate cut in fourth quarter

Global research firm Oxford Economics and US bank Citi expect another interest rate cut by the Bangko Sentral ng Pilipinas (BSP) in the fourth...

Toyota Motor Philippines paid P24 billion in duties and taxes in first half of 2025

Toyota Motor Philippines Corp. (TMP) paid P24.09 billion in duties and taxes in the first half of 2025, a 29-percent increase from P18.67 billion...

Remittances to the Philippines rose 3.7% to hit 6-month high in June 2025

Cash remittances to the Philippines grew 3.7 percent year-on-year to $2.99 billion in June 2025, the highest in six months, data from the Bangko...

Foreign investment pledges in the Philippines slumped 64% in second quarter of 2025

MANILA— Foreign investment pledges in the Philippines dropped 64.4 percent to P67.38 billion in the second quarter of 2025 from P189.50 billion a year...

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...
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