March inflation slips to 1.8%, slowest since May 2020
Philippine inflation decelerated to 1.8 percent in March, its slowest pace since the 1.6 percent registered in May 2020 when the economic activities was challenged by the COVID-19 pandemic-related lockdowns. This decline, down from 2.1 percent in February, was largely driven by lower food prices, particularly rice, which saw a significant annual decrease.
Trump tariffs raise US, global economic uncertainty
The decision of President Donald Trump to set new global tariffs has forced economists to revise their economic forecasts, with many predicting slower growth and rising inflation.
BOC ESS mark 37th year with record seizures
The Bureau of Customs’ Enforcement and SecurityService (ESS) celebrated its 37th anniversary with a report highlighting significant accomplishments in border protection and anti-smuggling operations.
PSA revises GDP growth for 2024
The Philippine Statistics Authority (PSA) has revised estimates for the country’s economic performance, covering both 2023 and 2024, with updates on quarterly and annual figures by industry and expenditure.
Economy shows resilience amid global trade shifts
Finance Secretary Ralph G. Recto on Thursday highlighted the Philippine economy's resilience amid global trade disruptions, emphasizing the government's efforts to attract more investors through the CREATE MORE Act.
