Philippines’ credit card debt reaches ‘critical risk’ levels
Borrowings far exceed Filipinos’ average monthly income, seen as indicating ‘severe financial stress.'
Ronnel W Domingo
Inflation, job security temper Filipinos’ optimism about 2026
Results from a study covering the second quarter of 2025 showed that 73 percent of Filipinos expect their income to go up next year although 44 percent said they may still…
Philippines tipped to be Southeast Asia’s growth leader
The Asian Development Bank’s update of its Asian Development Outlook also showed that developing Asian economies overall are now expected to grow by 4.9 percent in 2023.
2024 inflation seen slowing to 2-4%
It is also expected that upward price pressures on goods would ease as supply chain bottlenecks have largely been resolved.