ADB chief says Asia can’t be complacent amid tariff uncertainty
MILAN, Italy — The Asian Development Bank’s (ADB) top official said the Asia-Pacific (APAC) region must evolve to be able to withstand the shocks from tariff policies.
PHL to continue tariff talks with US
THE PHILIPPINE government is optimistic that a deal on tariffs can be reached with the US, as it is set to continue negotiations for a lower tariff rate.
BSP sees ‘a lot of policy space’ amid cooling inflation
APRIL INFLATION that’s likely to go below 2% gives the Philippine central bank “a lot of policy space,” while first-quarter growth that could be near or below the government’s 6-8% target would be an “important factor” in the Monetary Board’s policy meeting next month, according to its governor.
Government unveils 10-yr. jobs masterplan
THE PHILIPPINE government on Monday launched a 10-year employment masterplan, which is targeting to increase the labor force participation rate (LFPR) to 68.2% by...
Philippine annual inflation slows to 1.4% in April, lowest in more than 5 years
MANILA - Philippine annual inflation was 1.4% in April, the statistics agency said on Tuesday, below the previous month's 1.8% rate and the lowest...
ADB urges PHL to boost investments in agri, energy
MILAN, Italy — The Asian Development Bank (ADB) said the Philippines can benefit from shifting trade dynamics if it can make bigger investments in...
Green investments in Philippines slide in 2024
THE PHILIPPINES’ private investments in green projects declined in 2024 as higher investments in solar and wind energy projects were offset by the drop...
DoF: PHL vulnerability warrants more financial support from multilaterals
By Luisa Maria Jacinta C. Jocson, Senior Reporter
MILAN, Italy — The Philippines will still need financing assistance due to its exposure to shocks...
PHL unlikely to issue more global bonds this year — BTr
MILAN, Italy — The Philippine government is not likely to issue another global bond this year as it has almost completed its program for foreign borrowings, the Bureau of the Treasury (BTr) said.
Inflation further cools to 1.4% in April
HEADLINE INFLATION slowed to its lowest in over five years in April, amid a drop in food prices and transport costs, the Philippine Statistics Authority (PSA) said, giving the central bank room to further cut rates.
Philippines Q1 agricultural output up 1.9% from a year ago
MANILA - The Philippines' agricultural output grew by 1.9% in the first quarter of the year from a year earlier, the statistics agency said...
Philippines central bank chief open to 75bps more cuts for 2025
The Philippine central bank is open to cutting its key interest rate by a further 75 basis points for the rest of the year...