The Philippine government is materially slowing the pace of its fiscal consolidation efforts in response to weakening economic growth, according to Nomura Global Markets Research.

The latest round of tariffs announced by the United States has again cast a shadow over the Asia-Pacific's economic outlook as the trade-reliant region has had to grapple with export duties of as much ...

Philippine annual inflation edged up to 1.4% in June from 1.3% in May, driven by higher utility costs, yet remained below the Bangko Sentral ng Pilipinas (BSP) target range of 2% to 4% for 2025. The ...

By Mikhail Flores and Karen Lema MANILA (Reuters) -Philippine annual inflation quickened slightly in June, driven by ...

The Philippines is expecting a weaker external position than it previously expected for this year, as a large import bill and ...

The Bangko Sentral ng Pilipinas (BSP) has revised its current account deficit forecast for 2025 to 3.3% of GDP, down from its earlier estimate of 3.9%, and expects it to narrow further to 2.5% in 2026 ...

MANILA (Reuters) -The Philippine central bank is forecasting the country's current account deficit to narrow to 3.3% of gross ...

MANILA, Philippines — The International Monetary Fund said the Philippine economy remains resilient despite external challenges. However, the IMF but flagged slower growth prospects in the near ...

The Philippine economy, thus, is well-placed despite many challenges. It has resiliency and the ability to adapt to the changing global trade environment.

The Philippine economy has maintained a steady gross domestic product (GDP) growth of 5.6% in 2024—the second fastest in ASEAN—despite multiple challenges. The outlook for 2025 also remains bullish, ...

MANILA, Philippines – The World Bank (WB) has projected an average growth rate of 6% from 2024 to 2026 for the Philippines, but the “positive outlook…hinges” on several factors such as ...

MANILA (Reuters) - The Philippine economy is expected to grow more slowly than first thought this year after the country was hit by a series of typhoons but should be more robust in 2025 and 2026 ...