The government capped 2024 with an outstanding debt of P16.05 trillion, equivalent to 60.7 percent of gross domestic product (GDP), with a fast reduction of liabilities seen politically and fiscally ...

The Philippine economy held up in 2024 despite the deadly typhoons and drought that restricted the output of certain sectors. To no one’s surprise, the construction sector was the leading contributor ...

Fitch Ratings projects the Philippine economy to gain momentum over the next two years, supported by monetary easing, robust ...

The government ended 2024 with an outstanding debt of P16.05 trillion on the back of availments of more financing and the effect of the weak peso. Data from the Bureau of the Treasury (BTr) ...

Oscar Perry Abello’s new book, “The Banks We Deserve,” shows how allowing communities to tap into banks’ money-creation power ...

With geopolitical uncertainties affecting economies worldwide, it has become imperative for countries across the world to look inward to strengthen local industries and foster resilience to mitigate ...

Despite government assurances of sound financial management, the Philippines' debt burden relative to the size of its economy increased last year due to weaker-than-expected economic growth.

ASIA will continue its strong performance this year, with its economies expanding by an average 4 percent, exceeding the projected global average of 3.3 percent. According to the Asia House Annual ...

THE PHILIPPINES may have difficulty achieving the upper end of the government’s 6-8% gross domestic product (GDP) growth target amid heightened global uncertainties this year.

INSURANCE PENETRATION in the Philippines will continue to increase amid strong economic prospects and a growing middle class, said Benedicto C. Sison, chief executive officer and country head of Sun ...

The declaration is the latest in government efforts to reduce rice prices. Laurel said the food security emergency will remain in effect until the rice prices are tamed, Xinhua news agency reported.