Economy
Philippines can reach high-income status by 2053, World Bank
The Philippines could join the ranks of high-income economies by 2053, but only if it shifts from an investment-led growth model to one driven...
Philippine factories rebound as demand strengthens
Philippine manufacturers started the second half of 2026 on stronger footing, with factory output and new orders posting their fastest growth in five months as businesses tapped existing inventories to keep up with improving demand.
PCCI pushes lower living costs amid wage row
The legal battle over Metro Manila's suspended wage hike has widened into a broader debate over a familiar economic question. Is raising pay enough when the cost of living keeps climbing?
Business sentiment bounces back as companies plan expansion and hiring
Businesses around the country turned significantly more optimistic in June this year, setting the stage for stronger economic growth as companies plan to expand operations and hire more workers over the coming year.
Inflation, weak growth test BSP’s next policy move
Sluggish economic growth and stubborn inflation are expected to keep the Bangko Sentral ng Pilipinas (BSP) in a policy bind later in August, as fresh data are likely to show the economy remained soft in the second quarter while price pressures persisted.
