Too early to revise growth targets – Balisacan
Global economic uncertainty remains a concern, but it may be too early to revise Philippine growth targets, National Economic and Development Authority Secretary Arsenio...
Decarbonization starts with natural gas; questions remain
BARCELONA -- Is natural gas a transition fuel on the road to a decarbonized future? That was the question posed to several chief executive officers (CEOs) of top energy firms at the Gastech Exhibition and Conference here on Monday.
Aug. unemployment rate inches up, job quality worsens
THE UNEMPLOYMENT RATE inched up month on month in August, while job quality continued to worsen, the Philippine Statistics Authority (PSA) said on Thursday.
R&I upgrades Philippines’ credit rating to BBB+
JAPAN-BASED Rating and Investment Information Inc. (R&I) has upgraded the Philippines’ credit rating on the back of its positive growth performance, healthy fiscal conditions and its infrastructure development drive.
Philippine economy grows 5.5% annually in second quarter
MANILA - The Philippine economy grew by 5.5% in the second quarter of 2025 from a year earlier, official data showed on Thursday, compared...
Filipinos seen to buy more meat, cut back on rice consumption
FILIPINOS are likely to spend over a third of their household budget on food by 2025, as they buy more meat and poultry products while cutting back on rice consumption, according to Fitch Solutions Country Risk & Industry Research.
BSP sees loan growth to pick up by yearend
BANGKO SENTRAL ng Pilipinas (BSP) Governor Benjamin E. Diokno expects credit growth to pick up by yearend, as consumer and business confidence is restored with easing lockdown measures over the next few months.
Some ride-hailing, delivery firms won’t raise rates for now
AS FUEL PRICES continued to climb this week, at least two ride-hailing and delivery service providers said they currently do not have plans to increase their rates.
PEZA says investment pledges decline by 13.7%
THE Philippine Economic Zone Authority (PEZA) reported a 13.7% decline in approved investments in the first 10 months of 2021, reflecting the impact of...
Peso beats Asian peers in surprise win
THE PHILIPPINE peso has defied a yawning current-account deficit to emerge as Asia’s best-performing currency in February. And it may continue to surpass its peers.
PHL economy to contract by 2% this year — Moody’s
MOODY’S Investors Service now expects the country’s gross domestic product (GDP) to contract by as much as 2% this year, as the coronavirus outbreak continues to wreak havoc on the economy.
PHL urged to expand presence in global bond market
THE Philippines should further diversify its borrowing sources and expand its presence in the global bond market, analysts said.