Philippines unveils ‘big bold reforms’ to shore up investor confidence
By Aubrey Rose A. Inosante, Reporter
The Philippine government on Friday pledged "big bold reforms" that are aimed at restoring investor trust as it tries...
Philippines’ infrastructure watchdog stalls operations as quorum lost
The Philippines’ Independent Commission for Infrastructure (ICI) formally said on Friday it cannot carry out official functions after resignations left the fact-finding body without...
Philippine remittances slip to six-month low in November
MONEY SENT HOME by overseas Filipino workers (OFW) fell to its lowest level in six months in November, the Bangko Sentral ng Pilipinas (BSP) reported.
Philippines risks slowdown this year as election spending effect wanes
THE PHILIPPINES risks losing economic momentum in 2026 unless reforms are carried out to extend the lift from election-related spending last year, according to a state think tank.
Job shortage tops worries of Philippine business leaders — WEF
A SHORTAGE of jobs is emerging as the biggest worry for Philippine business leaders, according to the World Economic Forum (WEF), a sign that...
Gov’t partnerships with private sector seen to boost transparency in public works projects
TAPPING PRIVATE and development partners for state infrastructure projects may help improve efficiency and transparency as the Philippine government continues to deal with the economic fallout from a corruption scandal linked to public works.
Peso slips to fresh record low on rate cut bets
THE Philippine peso weakened to a new record low against the dollar on Thursday as markets priced in the possibility that the Bangko Sentral...
Philippine shares rebound on World Bank forecast
PHILIPPINE STOCKS climbed back above the 6,400 level on Thursday, boosted by the World Bank’s growth forecast for 2026 and speculation that the Bangko...
Global trade finance gap at $2.5 trillion as global trade tensions rise, ADB says
SINGAPORE - Financial institutions globally failed to meet $2.5 trillion in financing that companies needed for trade last year, holding back the global economy,...
Peso slides to record low P59.44:$1
THE PHILIPPINE PESO slid to a record low of P59.44 a dollar at Wednesday’s close, failing to sustain support seen late last year due to renewed demand for the greenback amid heightened geopolitical tensions.
World Bank projects Philippine growth above 5% until 2027
THE PHILIPPINE ECONOMY is projected to grow above 5% this year and in 2027, although governance concerns remain, the World Bank said.
The multilateral lender...
Tame Philippine inflation leaves room for BSP easing this year — HSBC
PHILIPPINE INFLATION may remain subdued over the next two years amid softer global commodity prices, allowing the Bangko Sentral ng Pilipinas (BSP) to ease...