Economy

Romanian companies are increasingly eyeing the Philippines as a strategic investment and sourcing destination, following the inaugural Philippine Economic and Business Briefing held in Bucharest on March 17, 2026, according to the Foreign Trade Service Corps (FTSC).

The Department of Trade and Industry (DTI) has secured a voluntary commitment from manufacturers and retailers to keep prices of basic necessities and prime commodities (BNPCs) unchanged until April 16, offering temporary relief to Filipino households amid global uncertainties.

The Bangko Sentral ng Pilipinas (BSP) said just this week that higher global oil prices are not unexpected and are already factored into its policy planning. This develops as it assesses the impact on inflation, economic growth, and the future path of monetary easing.

The Department of Trade and Industry (DTI) is stepping up support for exporters while keeping a close watch on global developments that could disrupt trade and logistics, as Philippine exports continue their growth streak.

Residential property prices in the Philippines continued to rise in the fourth quarter of 2025, but at a slower pace, indicating a cooling housing market, according to data from the Bangko Sentral ng Pilipinas (BSP).