Philippines’ October jobless rate jumps to 5%
The number of jobless Filipinos rose by about 570,000 to 2.54 million in October from a year earlier, even as overall employment increased by...
FDI inflows sink to over five-year low in September
NET INFLOWS of foreign direct investments (FDI) into the Philippines plunged to their lowest level in over five years in September, the Bangko Sentral...
ADB slashes Philippine growth forecasts for 2025, 2026
By Aubrey Rose A. Inosante, Reporter
The Asian Development Bank (ADB) sharply cut its growth forecasts for the Philippines for this year and 2026, amid...
TV5 serves ABS‑CBN termination notice for content supply deal
ABS‑CBN Corp. said it has received a notice of termination from TV5 Network, Inc. for their television content supply agreement.
In a statement on Thursday,...
Philippines’ slow growth raises chance of December rate cut, says central bank chief
MANILA — A slower growth outlook for
the Philippines raises the chances of another policy rate cut at a policy review next week, the central...
OECD slashes Philippine GDP growth projections for 2025, 2026
The Organisation for Economic Co-operation and Development (OECD) slashed its Philippine growth projections for this year and 2026.
In its latest Economic Outlook on Tuesday,...
Philippines growth likely to be below government target this year, senior official says
MANILA - The Philippines is very unlikely to meet even the lower end of its target range for growth this year, Economic Planning Secretary...
Philippines factory activity falls to lowest level in over four years in November
PHILIPPINE FACTORY activity deteriorated in November, posting the sharpest downturn in more than four years as manufacturers saw drastic decline in output and new...
ADB to extend $15 billion in assistance to PHL for 2026-2028
THE Asian Development Bank (ADB) expects to extend around $15 billion in assistance to the Philippines over the next three years.
“Our annual assistance including...
Marcos seeks charges vs 8 lawmakers in flood-control scandal
President Ferdinand R. Marcos, Jr. said the government would endorse to the Office of the Ombudsman plunder, graft, bribery and conflict-of-interest charges against eight...
BDO raises $500 million from offshore bond offer
BDO UNIBANK, Inc. has raised $500 million from its sale of five-year dollar-denominated bonds that marked its return to the offshore debt market after...
More assets of officials linked to flood control mess frozen
ASSETS worth billions that belong to public officials behind the flood control scandal have been frozen as the Court of Appeals issued two new...