Philippines trade deficit narrows to $3.5 billion in April
MANILA — The Philippines posted a trade deficit of $3.5 billion in April, narrower than the previous month's revised gap of $4.5 billion, preliminary...
Trade gap shrinks to $3.49 billion in April
By Abigail Marie P. Yraola, Deputy Research Head
The Philippines’ trade deficit in goods narrowed to its two-month low in April, as imports contracted to...
Philippine central bank says May annual inflation rate likely in 0.9% to 1.7% range
MANILA — Philippine inflation was likely within a 0.9% to 1.7% range in May, the central bank said on Friday, compared with the previous...
BoI approves P329.52 billion in investment pledges as of May
THE BOARD of Investments (BoI) has approved P329.52 billion in investment pledges in the first five months of 2025 and expects to process at...
Lending growth slows to five-month low in April
BANK LENDING increased to its slowest pace in five months in April as the growth in loans to key industries eased, preliminary data from...
Marcos postpones EDSA rehabilitation to find ‘better way’
PRESIDENT Ferdinand R. Marcos, Jr. on Sunday suspended the planned rehabilitation of Epifanio de los Santos Avenue (EDSA) that was originally set to start next week, citing the need for further studies to find a “better way” and reduce its expected impact on commuters, motorists, and broader economic activity, including potentially shortening the project’s duration.
Inflation likely eased further in May
HEADLINE INFLATION likely slowed further in May to another over five-year low amid the continued decline in food prices and a stronger peso.
Philippines eyes India, Thailand rice to cut Vietnam reliance
THE PHILIPPINES, the world’s top rice importer, plans to look beyond its dominant supplier, Vietnam, to ensure steady supplies and competitive prices at home.
The...
BofA sees wider PHL trade, current account deficits as consumption recovers
A REBOUND in domestic consumption could widen the Philippines’ trade and current account deficits this year amid a surge in imports, Bank of America...
Philippine May factory activity growth slows
GROWTH in Philippine manufacturing activity slowed in May due to declining output and weaker demand from foreign markets amid global trade tensions.
BSP may cut rates in June, August
THE BANGKO SENTRAL ng Pilipinas (BSP) is likely to cut policy rates by 25 basis points (bps) each this month and in August, as...
PEZA’s May investment pledges hit P66 billion
THE PHILIPPINE Economic Zone Authority (PEZA) approved P66.34 billion worth of investment pledges in the first five months — 80% higher than a year earlier — that could generate more than 29,000 more jobs and $1.092 billion in exports.