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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…
The Philippines’ income status may soon shift to upper-middle income by 2026, the state’s top socioeconomic planner said, if the country can maintain annual economic growth of at least 6 percent. At a press conference, Seretary Arsenio…
MANILA, Philippines — Business confidence declined in the first three months of the year due to economic uncertainties. According to the Bangko Sentral ng Pilipinas’ Business Expectation Survey released on Friday, the confidence index fell to 31.2%…
MANILA, Philippines — Remittances experienced slower growth in January as the typical surge in cash transfers during the holiday season subsided. Data from the Bangko Sentral ng Pilipinas (BSP) revealed that cash remittances coursed through banks increased…
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…
MANILA, Philippines — Philippine office space vacancy rose to an all-time high in 2024 due mainly to the exit of Philippine offshore gaming operators (Pogos), with this level likely climbing higher this year on the back of…
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…
CEBU CITY, Philippines — The Office of the Presidential Assistant for the Visayas (OPAV) recently expressed its focus on fostering economic growth in the Visayas region with a vision for the year 2025. In a forum with…
MANILA, Philippines — Philippine economic growth is expected to accelerate this year and in 2026, making the country one of the strongest performers among Southeast Asian economies. UN report: PH one of strongest performers in Southeast Asia…
MANILA, Philippines — Political instability from the ongoing feud between President Marcos and Vice President Sara Duterte could pose a major economic risk, especially if it results in poor outcomes in the 2025 midterm elections and disrupts…
The Philippines’ strong alliance with the United States could protect it from the effects of another Donald Trump presidency, potentially helping the local stock market reach 8,600 by the end of 2025. Strong US alliance seen boosting…
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