Philippines poised for slower growth over next 18 months
The adjustment was made considering the marginal increase in the pace of growth during the first half of this year, as well as the potential adverse impact of US “reciprocal”…
Ronnel W. Domingo
Marcos suspends Maharlika fund implementation
He has also directed the key people concerned to stand down and further study the plan.
Philippines tipped to grow fastest in East Asia and Pacific in 2023: World Bank
The multilateral lender said in its update reportthat an intensification of geopolitical tensions, and the possibility of natural disasters are additional risks that the…
Philippines GDP growth projection for ʼ23 cut on global woes
The Marcos administration’s economic team, however, insisted that their goal of 6 percent to 7 percent GDP growth for 2023 was “still achievable.”
Filipinos’ incomes rising but gender disparity still glaring
Online payment platform Taxumo found that women are lagging behind men, while cities outside the National Capital Region are way behind Metro Manila.
Philippines inflation further eased to 5.4% in June
This brought the average inflation rate in the first semester of the year to 7.2 per cent.
Philippines among nations most at risk to El Nino
Experts have said the onset of El Nino will bring lower-than-usual rainfall to the Philippines that will pose a threat to agricultural production.
Philippines economy to become 18th biggest by mid-century: BMI report
The report also said the global ranking of economies are primed for a “major reshuffle” starting in the 2030s.
Inflation slowed down further in May: Philippine central bank
The midpoint of the forecast range — 6.2 per cent — suggests that the authorities expects inflation to have eased further from the 6.6 per cent print in April.
Jobless rate in the Philippines remained at 4.8% in February 2023
This is the rate even as more Filipinos were taking part in the labor force, either as jobholders or seekers, data showed.