Manila 3rd cheapest prime office market in Asia-Pacific in Q4 2022

Occupancy costs* for Manila’s prime office spaces amounted to $32.6 per square foot (sq. ft.) a year in the fourth quarter of 2022, according...

Analysts’ Q4 and full-year 2022 GDP growth estimates

THE PHILIPPINE ECONOMY may have slowed in the fourth quarter of 2022, but still likely hit the upper end of the government’s full-year growth target, according to analysts.

How the Philippines compares in government AI readiness

The Philippines ranked 54th out of 181 countries in the 2022 Government AI Readiness Index by Oxford Insights. It scored 55.42 out of possible...

Philippines: Balance of payments position

THE PHILIPPINES posted a $612-million balance of payment (BoP) surplus in December, bringing the full-year level to a record deficit of $7.3 billion.

Filipinos’ food costs’ share to net minimum wage narrows; minimum pay increases

MINIMUM WAGES in the Philippines increased faster than the prices of basic food products, according to research firm Picodi.com. Read the full story.

General wholesale price index in the Philippines

GROWTH in the bulk prices of general goods eased to a nine-month low in November as supply stabilized.

Which economies have the highest working poverty rates?

In the Philippines, around 2.22% of the working population are in extreme poverty or living less than $1.90 per day. Meanwhile, 18.52% are moderately...

Metro Manila’s construction materials wholesale price index

THE GROWTH in wholesale and retail prices of building materials accelerated to the highest level in 14 years in 2022, as construction activity picked up, according to preliminary data from the Philippine Statistics Authority (PSA).

Metro Manila’s construction materials retail price index

THE GROWTH in wholesale and retail prices of building materials accelerated to the highest level in 14 years in 2022, as construction activity picked up, according to preliminary data from the Philippine Statistics Authority (PSA).

Philippines ranks 32nd in military strength list

The Philippines climbed 19 places to land at 32nd spot out of 145 countries in the 2023 edition of Global Firepower’s Military Strength Ranking.

AMRO’S ASEAN+3 GDP growth and inflation rate forecasts

THE ASEAN+3 Macroeconomic Research Office (AMRO) trimmed its growth outlook for the Philippines this year amid deteriorating global economic conditions.

Philippines at ‘high’ risk for humanitarian crises and disasters

The Philippines ranked 34th out of 191 countries, with a risk score of 5.2 (out of 10) in the INFORM Risk Index 2023 by...
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