The proportion of bad debts held by Philippine banks slightly eased in May, albeit still at one of the highest levels this ...

In a communique issued on Friday at the conclusion of the 58th ASEAN Foreign Ministers' Meeting, the regional bloc said the imposition of the tariffs is counterproductive, may exacerbate global ...

The Philippine government is materially slowing the pace of its fiscal consolidation efforts in response to weakening economic growth, according to Nomura Global Markets Research. In a report, ...

The latest round of tariffs announced by the United States has again cast a shadow over the Asia-Pacific's economic outlook as the trade-reliant region has had to grapple with export duties of as much ...

Annual inflation rises slightly due to higher utility costs Central bank sees room for rate cuts to support growth Slower ...

Philippine annual inflation edged up to 1.4% in June from 1.3% in May, driven by higher utility costs, yet remained below the Bangko Sentral ng Pilipinas (BSP) target range of 2% to 4% for 2025. The ...

Southeast Asia (SEA) faced a complex economic landscape marked by trade tensions, policy uncertainties, and a cautious global ...

The Philippine government’s economic managers on Thursday revised downward the country’s growth forecast and inflation outlook for 2025, citing heightened global uncertainties. The Development Budget ...

Singapore-based United Overseas Bank (UOB) has downgraded its 2025 economic growth forecast for the Philippines amid global trade uncertainties, which, in turn, bolstered its expectations of further ...

MANILA (Reuters) - The Philippine economy is expected to grow more slowly than first thought this year after the country was hit by a series of typhoons but should be more robust in 2025 and 2026 ...