Economy

Inflation hits 3-year high on oil shocks, policy tightening eyed

Philippine inflation surged to a three-year high in April, exceeding expectations and strengthening the case for further monetary tightening, according to data released by the Philippine Statistics Authority.

Agricultural trade deficit widens in March to $1.17B

The Philippines’ agricultural trade deficit widened sharply in March as import growth continued to outpace exports, highlighting persistent supply constraints despite rising overall trade, according to the Philippine Statistics Authority.

Philippine manufacturing contracts as costs, demand bite

The Philippines’ manufacturing sector slipped into contraction in April, its first downturn since November, as weakening demand and rising costs weighed on output, according to S&P Global Market Intelligence.

Philippines, Israel eye minerals, AI strategic partnership

The Philippines is moving to deepen cooperation with Israel on critical minerals processing and artificial intelligence (AI), aiming to climb higher in the global technology value chain.

Philippine digital economy grows, but challenges remain

The Philippines’ digital economy expanded to PhP 2.74 trillion in 2025, accounting for 9.8 percent of the country’s GDP, according to preliminary data. The figure marks a 5.4 percent increase from the P2.59 trillion recorded in 2024, signaling continued—though moderating—growth in the sector.

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