The Philippines fell five places to 86th out of 220 countries and territories even as its average download speed improved by 11.76 megabits per...

GLOBAL household wealth fell last year for the first time since the financial crisis in 2008, as inflation and the appreciation of the US dollar wiped some $11.3 trillion off assets.

MONEY SENT by overseas Filipino workers (OFWs) rose to a six-month high in June, data from the Bangko Sentral ng Pilipinas (BSP) showed.

FOREIGN INVESTMENT PLEDGES approved by investment promotion agencies (IPAs) rose by an annual 27.8% in the second quarter, data from the Philippine Statistics Authority (PSA) showed.

THE PHILIPPINE auto industry recorded a 33% increase in vehicle sales in July, even as elevated inflation dampens overall consumer spending.

The Philippines’ overall score improved by 0.02 point to 62.95 (out of 100) in the latest edition of the Mobile Connectivity Index (MCI) by...

GROWTH in wholesale and retail prices of building materials in Metro Manila eased in July, the Philippine Statistics Authority (PSA) reported on Monday.

THE PHILIPPINE central bank will likely keep its benchmark policy rates steady at 6.25% for a third straight meeting on Thursday, amid easing inflation and slowing economic growth.

Inflation-adjusted wages in July were 14.2% to 21.4% lower than the current daily minimum wages across the regions. Meanwhile, real wages were lower by around P53.29 to P95.46 from the current daily minimum wages set by the Regional Tripartite Wages and Productivity Board.

THE PHILIPPINE ECONOMY grew much slower than expected in the second quarter, dragged by elevated inflation, the lagged impact of interest rate hikes and a contraction in government spending.

NET INFLOWS of foreign direct investments (FDI) declined in May, as elevated inflation and multi-year high borrowing costs dampened investor sentiment.

THE SY SIBLINGS remained the richest in the Philippines, as they added $1.8 billion to their net worth this year, Forbes Asia said on Thursday.