Philippines GDP year on year growth slows to 5.2% in Q3
MANILA - The Philippine economy grew 5.2% in the third quarter from a year earlier, the statistics agency said on Thursday, coming in below...
Philippine annual inflation quickens to 2.3% in October
MANILA - The Philippine central bank said on Tuesday it will take a "measured approach" in its policy easing cycle as annual inflation accelerated...
Philippines poverty rate at 15.5% in 2023, statistics agency says
MANILA - The Philippines' poverty rate dropped to 15.5% last year from 18.1% in 2021, with rising food prices limiting the reduction in the...
Philippines Q2 GDP rises 6.3% year on year, just above forecasts
MANILA - The Philippine economy grew 6.3% in the second quarter from a year earlier, driven by government spending and investment, the statistics agency...
Philippines upwardly revises Q1 GDP to 5.8%
MANILA - The Philippines has revised up annual gross domestic product (GDP) growth in the first quarter to 5.8% from the previously reported 5.7%,...
Philippines Q2 farm output value down 3.3% yr/yr
MANILA - The Philippines' agricultural and fisheries output value dropped an annual 3.3% in the second quarter of the year, led by decreases in...
Philippine annual inflation quickens to 4.4% in July
MANILA - Philippine annual inflation quickened in July, reflecting faster pace of increases in food and utility costs, the statistics agency said on Tuesday.
The...
Philippine vice-president resigns as education minister
MANILA (UPDATE) — Philippine Vice-President Sara Duterte resigned on Wednesday from her posts as education minister and vice-chair of an anti-insurgency task force, in...
Sofitel Philippine Plaza Manila to cease operations in July
Sofitel Philippine Plaza Manila will cease operations starting July 1, according to the hospitality group Accor.
“The hotel has announced that it will close and...
Philippines central bank sees April inflation at 3.5% to 4.3%
MANILA - Philippine annual inflation will likely be between 3.5% to 4.3% in April, the central bank said on Tuesday.
Upside pressures on inflation had...
Philippine inflation quickens for the first time in five months in February
MANILA - Philippine annual inflation sped up for the first time in five months in February due to faster increases in food and transport...
Philippines annual inflation at 4.1% in November
MANILA - Philippine annual inflation came in at 4.1% in November from the previous month's 4.9%, the statistics agency said on Tuesday, reflecting slower...