Most middle-class Filipinos anxious about finances
According to its Filipino Financial Confidence Report 2026, life insurance firm FWD Philippines found that 68 percent of middle-class Filipinos experience persistent financial…
Nyah Genelle C. De Leon
To further tame inflation, Philippine central bank hikes policy rate for 2nd time
The move comes as inflation had eased slightly to 6.8 percent in May, but still remained above the bank's targeted inflation rate between 2 to 4 percent for the third consecutive…
Philippines to miss single-digit poverty rate goal
In its latest Poverty and Equity Assessment, the Washington-based lender projected the poverty rate to decline to 12.3 per cent in 2028 from 15.5 per cent in 2023.
Philippines posts leanest state-owned enterprise debt load – Fitch
Fitch Ratings said the debt burden of SOEs relative to the GDP stood at just 1.1 percent in the Philippines, lower than in Indonesia, Thailand, India, Malaysia, and China, where…
New post-pandemic low: Philippine GDP Q1 growth slows to 2.8%
This outcome has now dragged the Philippines economy deeper into one of its weakest runs in 16 years outside the COVID-19 pandemic period.
Philippines at risk of first credit downgrade since 2005
Fitch Ratings lowered its outlook to “negative,” citing the energy shock from the Middle East war, compounded by disruptions in public spending due to the major graft scandal…
Philippine March inflation soars to 4.1% on oil price shocks from Middle East war
This marks the highest rate in nearly two years since July 2024, when the consumer price index rose by 4.4 per cent.
Philippine factory output falls to 3-month low amid Middle East war
The Philippines’ Purchasing Managers’ Index (PMI) fell to 51.3 in March from 54.6 in February, S&P Global reported on Wednesday.
Philippine government debt climbs to P18 trillion in January
Latest data from the Bureau of the Treasury (BTr) showed that the country’s debt as of end-January was 2.41 percent higher than the previous month and 11.15 percent higher than…
Philippine inflation rate hits 11-month high of 2% in January
Coupled with weak economic growth, the faster inflation rate may help inform the central bank’s decision on whether further rate cuts are warranted.