Global growth outlook darkens under latest World Bank estimates
The global economic outlook has significantly worsened amid rising trade tensions and persistent policy uncertainty, with global growth now forecast to slow to just 2.3 percent in 2025. According to the World Bank, this is the weakest pace outside of recessions since 2008. The slowdown, driven by escalating trade barriers and weak global cooperation, is expected to hit emerging markets and developing economies (EMDEs) particularly hard, including the Philippines.
Storm-driven food price spikes push Nov inflation to 2.5%—PSA
The rate at which prices change across the Philippines, more known as inflation, accelerated to 2.5 percent in November, from only 2.3 percent in October, the Philippine Statistics Authority reported on Thursday.
Kuya J was a basketball player of some fame before trading his name as restaurateur
Context.ph recently took an hours-long trip to this mall in Antipolo to try to answer a question: Who is this restaurateur known as Kuya J?
Bank lending to agri sector, treated as problematic, forecast significantly improved in joint BSP-DA survey
Bank lending to the agricultural sector, historically low and problematic, showed promise in latest survey jointly conducted by the Bangko Sentral ng Pilipinas (BSP) and the Agricultural Credit Policy Council (ACPC), which works under the Department of Agriculture (DA).
GDP expansion this year forecast lower than 5-year average of 6.6%
Growth across the economy this year is forecast to remain below its five-year average of 6.6 percent, according to the sovereign credit watcher Standard and Poor's.
