Manila, Philippines — The Philippine economy reported a growth of 4.4 percent on Thursday, which was regarded as below expectations, amid a corruption scandal and climate change–fueled woes that were blamed for the country’s lowest non-pandemic numbers…
TACLOBAN CITY, Leyte — House Speaker Ferdinand Martin Romualdez and Albay 2nd District Rep. Joey Salceda believe that the country’s economy is still doing good under the Marcos administration, as gross domestic product (GDP) grew by 5.4…
MANILA, Philippines — The Philippine economy grew below market expectations in the first quarter, which the Marcos administration described as a “measured start” amid tariff-induced global headwinds. Gross domestic product (GDP), or the sum of all products…
MANILA, Philippines — The country’s economy may grow faster this year than in 2024, boosted by election-related spending. However, a global trade war could slow growth below the government’s target. Angelo Taningco, chief economist at Security Bank…
The country’s gross domestic product (GDP), which measures the total value of goods and services produced, likely grew by 5.8% in the fourth quarter, based on the median forecast of 12 economists surveyed by the Inquirer. Economic…
Moody’s Analytics said the government’s strong push to upgrade the Philippines’ infrastructure will help the economy maintain high growth, despite some uneven progress over the past year. The agency kept its GDP growth forecast for the Philippines…
The Philippine economy grew by 6.3 percent in the second quarter, thanks to increased government spending and strong investments, which helped counter the effects of high consumer prices on household spending. This growth is an improvement from…
The Philippine economy may grow by 7.1 percent in the second quarter due to easing inflation and mid-term election spending, the Bank of the Philippine Islands’ (BPI) lead economist said. This exceeds the government’s annual growth target…
MANILA — The Philippine economy expanded by 5.7 percent in the first quarter of the year, up from 5.5 percent in the previous quarter, according to the Philippine Statistics Authority (PSA). However, this growth was below the government’s…
The Philippine economy is expected to grow faster this year, but it might not reach the government’s target due to the impact of the El Niño climate phenomenon on food supply and the risk of high inflation.…
CEBU CITY, Philippines — Central Visayas has bested the 17 regions in the country after being named the “fastest-growing” economy based on the 2023 data of the Philippine Statistics Authority (PSA). It also remained the fourth-largest contributor…
MANILA, Philippines — The local creative economy surged ahead in 2023, surpassing national output growth to reach a total value of P1.72 trillion. This sector not only generated more jobs but also made a significant contribution to…
