Economy
BSP cuts key rate to 4.25% as confidence lack proves deeper than initially assessed
The Bangko Sentral ng Pilipinas (BSP) cut its key policy rate by 25 basis points on Thursday, signaling a shift toward supporting economic growth as inflation remains under control.
OECD tax shift needs careful calibration
Proposed global tax reforms under the Organisation for Economic Co-operation and Development (OECD) could bolster fiscal sustainability, but Philippine industry leaders are urging policymakers to tread carefully to avoid undercutting demand and competitiveness.
Economy posts $373-million balance of payments deficit in January
The Philippines recorded a balance of payments (BOP) deficit of $373 million in January 2026, reflecting a shortfall in the country’s transactions with the rest of the world at the start of the year.
PHILJEC pushes deeper Japan ties
Leaders from the Philippines and Japan called for broader and more ambitious collaboration as the 42nd Joint Meeting of the Philippines-Japan Economic Cooperation Committee convened in Taguig City on February 19.
Marcos eyes ports to unlock Kalayaan
President Ferdinand R. Marcos Jr. has ordered a feasibility inspection for the potential construction of a seaport and airport in the Kalayaan Island Group, a move Malacañang says could jumpstart tourism and create new livelihood streams in one of the country’s most remote municipalities.
