PHL may grow below target until 2027
THE PHILIPPINE ECONOMY is expected to miss the government’s growth targets this year until 2027, the Organisation for Economic Co-operation and Development (OECD) said.
‘Generational fluency’ a must for workplaces, say experts
PHILIPPINE COMPANIES’ workplace policies must leverage open communication and flexibility to manage employees of different age groups, which could help boost firms’ productivity and competitiveness, experts said.
Peso sinks as BSP chief says weak growth may lead to another rate cut
THE PESO slid to a near two-week low against the dollar on Wednesday as the Bangko Sentral ng Pilipinas (BSP) chief said they expect...
Stocks sink to two-week low on economic woes
PHILIPPINE STOCKS dropped to a two-week low on Wednesday on increased selling pressure due to the peso’s weakness against the dollar and economic concerns.
The...
Philippines to boost global bond sales as graft hits economy
(UPDATE) The Philippines plans to raise the amount of funds it gets from selling international bonds by more than 60% to $5.3 billion next...
Philippines’ slow growth raises chance of December rate cut, says central bank chief
MANILA — A slower growth outlook for
the Philippines raises the chances of another policy rate cut at a policy review next week, the central...
OECD slashes Philippine GDP growth projections for 2025, 2026
The Organisation for Economic Co-operation and Development (OECD) slashed its Philippine growth projections for this year and 2026.
In its latest Economic Outlook on Tuesday,...
Tariffs, AI boom could test global growth’s resilience, OECD says
PARIS - Global growth is holding up better than expected as an artificial intelligence investment boom helps offset some of the shock from US...
NG debt rises to P17.56T at end-Oct.
THE NATIONAL GOVERNMENT’S (NG) outstanding debt inched up to P17.562 trillion at the end of October due to a weaker peso.
Data from the Bureau...
Industry groups oppose tax on single-use plastics
INDUSTRY GROUPS on Tuesday pushed back against a proposal to impose an excise tax on single-use plastics, saying the suggested levy is unfair, could make goods expensive and lead to job losses.
Palace to lawmakers: Speed up 2026 national budget deliberations
MALACAÑANG on Tuesday urged lawmakers to hasten the passage of the proposed 2026 national budget to avoid a reenacted spending plan.
Peso slips with PHL growth seen missing gov’t target
THE PESO slipped against the dollar on Tuesday on economic growth concerns and ahead of key US data to be released on Friday.
The local...