Philippine inflation quickens to 2.5% in November
This comes on the back of higher food prices following the onslaught of powerful typhoons late in the season.
Ian Nicolas P. Cigaral
Marcos-Duterte feud seen as major economic risk ahead of 2025 elections
Japanese investment bank Nomura noted that the feud is one of several risks to the economy, alongside weaker global growth, rising tensions in the West Philippine Sea, and surging…
Philippine peso sinks to record-low 59 to a dollar
Some analysts have suggested that a rate-cutting pause by the central bank of Philippines is possible should the peso remain under pressure.
Philippine central bank delivers another quarter point rate cut as inflation cools
The Bangko Sentral ng Pilipinas on Wednesday cut the policy rate again by 25 basis points to 6 percent, as cooling inflation provided enough room for further easing.
Philippines wins battle vs inflation
The Philippines may now declare victory in its long and painful fight against inflation after price growth last month eased to a four-year low, helping create the perfect economic…
Philippines may see among fastest disinflation in region
In a commentary sent to journalists, ANZ said every 10-percent decline in world oil prices could shave 0.2 percentage point (ppt) off the headline inflation in the Philippines in…
ADB launches new Philippine strategy, earmarks initial $24B
ADB said the lending plan seeks to balance its support for human development and climate change resilience with the country’s need for more infrastructure financing.
FDIs in Philippines fall to 16-month low as high rates, geopolitical tensions bite
Despite the decline, the five-month FDI net inflows still grew by 15.8 percent year-on-year to $4 billion. The BSP projected a $9.5-billion FDI net inflow for the entire 2024.
Philippines still among Asean’s fastest growing economies
The Asian Development Bank affirms the country's GDP growth outlook of 6% this year, and 6.2% next year.
La Niña may trigger aggressive rate cuts in Southeast Asia, think tank says
La Niña could bring with it favorable growing conditions for crops in Southeast Asian countries like the Philippines, something that may help tame food prices and give central…