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. In a report, ...

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 ...

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

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 International Monetary Fund’s (IMF) recent downward revision of the Philippines’ economic growth forecast to 5.5 percent for 2025 is a sobering reminder of the challenges facing the ...

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, ...

The World Bank has downscaled its economic growth forecast for the Philippines this year following the slower-than-expected gross domestic product growth in the third quarter, but expects the ...

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 ...

The International Monetary Fund (IMF) upgraded its 2024 economic growth forecast for the Philippines amid the stronger rebound in investments and exports. IMF resident representative Ragnar ...

Philippine President Ferdinand Marcos Jr on Friday painted a cautious outlook for his country's economy given risks stemming from geopolitical tensions and El Nino weather phenomenon.