The Philippine economy is set to return to solid growth in 2027, supported by stronger services and industry activity plus timely government spending on key infrastructure, according to the Asian Development Bank’s latest outlook released today. Gross domestic product is projected to expand 3.3 percent this year before rising to 5.1 percent in 2027 — a slightly slower pace than previously estimated in July, as prolonged tensions in the Middle East and higher global commodity prices have weighed on investments and raised costs.
Economic growth across developing Asia and the Pacific will ease to 5 percent this year from 5.5 percent in 2025, then edge up to 5.1 percent in 2027, the Asian Development Bank (ADB) reported Wednesday. The 2026 forecast is a slight upgrade — 0.1 percentage points higher than the bank’s July outlook.
ASEAN economic ministers have put 19 Philippine-led priorities on track for completion this year, advancing a regional digital trade pact, a semiconductor roadmap and new trade and investment initiatives ahead of the bloc’s November summit.
The Cybercrime Investigation and Coordinating Center (CICC) has issued a 24-hour directive for Reddit and Discord to establish local representation, stepping up state oversight after three school shootings in recent months were linked to harmful online activity.
Elgie Rañosa’s work does not end when she steps out of her Legazpi City clinic. As a lab manager, she still needs to coordinate with patients and follow up on tasks after hours, while also helping her grandchildren with schoolwork and finding time to relax through shows, social media, or catching up on news.