Gov’t debt service bill plunges 66% in March
THE NATIONAL Government’s (NG) debt service bill plunged in March amid a decline in amortization payments, the Bureau of the Treasury (BTr) said.
The latest...
Nomura cuts PHL growth forecasts for 2025, 2026
NOMURA GLOBAL Markets Research has trimmed its gross domestic product (GDP) growth forecasts for the Philippines for this year and 2026 following the weak...
Global shift to bypass the dollar is gaining momentum in Asia as trade jitters...
BANKS AND BROKERS are seeing rising demand for currency derivatives that bypass the dollar, as trade tensions add a sense of urgency to a...
PHL economic growth slows in Q1
THE PHILIPPINE ECONOMY grew by a weaker-than-expected 5.4% in the first quarter, reflecting heightened uncertainty arising from the Trump administration’s tariffs.
Data from the Philippine...
Dollar reserves fall to $104.6B at end-April
THE Philippines’ dollar reserves declined by 1.9% as of end-April, as the National Government (NG) repaid more foreign debt, the central bank said.
Data from...
ADB eyes additional funding for major PHL infrastructure projects
MILAN, Italy — The Asian Development Bank (ADB) is eyeing to extend about $4 billion in financing for the Philippines this year, which will fund key infrastructure projects like the Bataan-Cavite Interlink Bridge and Laguna Lakeshore project.
Clash of clans: Dynasties to slug it out in Philippine midterm elections
ANTONIO A. ROMANO, a 49-year-old taxi driver from Quezon City, is sick and tired of the same familiar names and faces that he sees every time he votes, many of them from well-entrenched political families.
Mid-term vote holds key to Philippines riding out tariff-linked risks
The Philippines’ May 12 midterm election is putting investors on alert for any changes to government policies, as the global trade war exposes weaknesses in one of Asia’s fastest-growing economies.
Philippines Q1 GDP grows slightly faster but lags expectations
MANILA - The Philippine economy expanded slightly faster in the first quarter even as growth lagged expectations, with household consumption and public spending underpinning...
Agricultural output rises 1.9% in Q1
AGRICULTURAL OUTPUT grew by an annual 1.9% in the first quarter, as good weather helped boost crops, fisheries and poultry production, the Philippine Statistics...
NG debt hits record P16.7-T at end-March
THE National Government’s (NG) outstanding debt edged up to a fresh high of P16.68 trillion as of end-March, the Bureau of the Treasury (BTr) said on Wednesday, adding that this debt “remains manageable.”
Unemployment rate inches up in March
THE Philippines’ unemployment rate inched up to 3.9% in March from a month earlier, even as the number of jobless Filipinos fell by the...