All coverage of Philippines, ranked by recency.
BAGUIO CITY, Philippines — The declining output of Benguet’s aging mines is weighing down the province’s economic growth last year, government economists said at a briefing on Wednesday. Benguet is home to the country’s first mining ventures that started during the American colonial era. In 2025, Benguet recorded an economic growth of 3.3 percent, reflecting
Enact Mortgage Insurance Enters Into a Forward Quota Share Reinsurance Transaction as Part of its Diversified Credit Risk Transfer Program The Manila Times
MANILA, Philippines — Labor group Sentro ng mga Nagkakaisa at Progresibong Mangagawa (Sentro) has called for a national summit on the cost-of-living crisis as September inflation could reach 7.4 percent, its highest level in more than three years. The Bangko Sentral ng Pilipinas (BSP) earlier forecast September inflation at 6.4 to 7.4 percent, up from
US pork group bucks higher tariff The Manila Times
LINGAYEN, Pangasinan – Pangasinan province’s economy grew by 4.3 percent in 2025 and maintained its lead in the Ilocos region, posting P408.45 billion in economic output as poverty incidence dropped to 8.6 percent. This was based on the Philippine Statistics Authority (PSA) and the Department of Economy, Planning and Development (DEPDev) during the 2025 Provincial
PH RESORTS Group Holdings, Inc. (PHR) has shut down Donatela Resort & Sanctuary in Panglao, Bohol, after the property became subject to extrajudicial foreclosure proceedings. In a regulatory filing on Thursday, PHR said its wholly owned subsidiary Donatela Hotel Panglao Corp. (DHPC) ended the resort’s operations on Sept. 30. The land and improvements comprising the resort had been mortgaged as ...
ILIGAN CITY — The provincial government of Lanao del Sur has extended the four-day workweek schedule for its workforce in keeping with the government’s energy austerity measures amid high fuel prices. Under Executive Order No. 019, Series of 2026, offices and agencies under the provincial government will continue the four-day workweek scheme, from Monday to
By Katherine K. Chan, Reporter PHILIPPINE inflation may have quickened in September as bad weather pushed up food prices, fuel costs surged and the peso weakened, with the Bangko Sentral ng Pilipinas (BSP) expecting the rate to stay above its 3% target for a seventh straight month. In a statement, the central bank said inflation likely settled at 6.4% to 7.4% in September from 6.1% in August an...
By Katherine K. Chan, Reporter THE PHILIPPINE ECONOMY could get a lift from improved sentiment, remittances and holiday spending in the fourth quarter, although faster inflation could weigh on consumption, the University of Asia and the Pacific (UA&P) said. In a report released on Wednesday, UA&P said economic growth in the fourth quarter could be slightly stronger than in the previous quarters...
By Beatriz Marie D. Cruz, Senior Reporter THE PHILIPPINES’ trade-in-goods deficit narrowed by 3.5% year on year to $3.85 billion in August — the smallest gap in 15 months — as strong global chip demand boosted electronics exports, according to data from the Philippine Statistics Authority (PSA). The August deficit was smaller than the $3.99-billion shortfall a year earlier and shrank by 39.3% f...
INFLATION may be squeezing wallets, but wine glasses in the Philippines are far from empty. According to a detailed study from 2025, the country’s wine market continues to evolve in fascinating ways. While everyday drinkers are trading down to cheaper bottles, affluent consumers remain loyal to prestige labels. This duality reveals not just how Filipinos are coping with economic pressures, but ...
The Philippine Statistics Authority (PSA) released the country’s international merchandise trade statistics (IMTS) yesterday. Looking at accumulated trade in the period encompassed by January to August, our total exports increased from $55.8 billion in 2025 to $64 billion in 2026. Over the same period, our total imports increased from $88.7 billion in 2025 to $105.6 billion in 2026. Thus, our t...
By Katherine K. Chan, Reporter EAST WEST Ageas Life Insurance Corp. (EastWest Ageas) expects minimal impact from tighter economic conditions due to the ongoing Middle East war, with financial strains concentrated mainly in the lower-in come segments. “So, initially when inflation started to hit, we were a bit worried that that would hit significantly on renewal premiums. We have seen minor impa...
Habang sumasama ang lagay ng ekonomiya, saan magandang mag-invest? Mahalagang tingnan ang statistics sa inflation o bilis ng pagtaas ng presyo. Ayon sa Philippine Statistics Authority (PSA), nasa 6.1% ang inflation noong Agosto 2026. Medyo bumaba ito mula 6.2% noong Hulyo, pero mataas pa rin kumpara sa kinikita ng savings natin sa bangko. Ang problema, kapag masyadong mabilis ang inflation kump...
PHILIPPINE inflation may have quickened in September as bad weather pushed up food prices, fuel costs surged and the peso weakened, with the Bangko Sentral ng Pilipinas (BSP) expecting the rate to stay above its 3% target for a seventh straight month. In a statement, the central bank said inflation likely settled at 6.4% to 7.4% in September from 6.1% in August and 1.7% a year earlier. If the f...
THE PHILIPPINES’ trade-in-goods deficit narrowed by 3.5% year on year to $3.85 billion in August — the smallest gap in 15 months — as merchandise exports grew faster than imports, the Philippine Statistics Authority (PSA) said on Wednesday. The country’s trade balance has remained in deficit since the $64.95-million surplus in May 2015. Merchandise exports jumped by 27.8% to $9.11 billion last ...
PROPERTY developers are holding back new project launches as weaker economic growth, elevated borrowing costs, and geopolitical uncertainty weigh on expansion decisions, according to Colliers Philippines. In its latest report, the property consultancy said residential launches and take-up slowed in the first half as developers became more cautious about adding supply. Colliers said office leasi...
THE BANGKO SENTRAL ng Pilipinas (BSP) may tighten further despite lackluster economic growth as elevated inflation and an underper forming peso could warrant intervention, Capital Economics said. In its latest Asia Chart Pack published late on Monday, the London-based think tank said it expects the BSP to extend its tightening cycle as inflation could remain well above its target until yearend....
(Part 4) In the f irst part of this series, we referred to the new feature of the labor market in which people earn their income not as permanent employees of a single enterprise, but by doing short-term, fl exible, or freelance work. Workers are typically paid per task, project, or “gig” rather than receiving a regular salary. The word “gig” in the 16 th century referred to a spinning top or a...
PHILIPPINE COMPANIES need to make better use of the Regional Comprehensive Economic Partnership (RCEP) to expand exports and increase the presence of Filipino products in regional markets, according to an economist from SM Investments Corp. (SMIC). Robert Dan J. Roces, SMIC economist, said the challenge is for Philippine businesses to use the agreement not only to facilitate imports, but also t...
I t is planning season again. Across corporate Philippines, management teams are beginning to prepare their plans and budgets for 2027. Targets are being negotiated, assumptions challenged, strategies refreshed, and boards are asking the usual questions. Where will growth come from? What will happen to in fl ation and interest rates? How will geopolitical tensions a ff ect supply chains and inv...
