The Bangko Sentral ng Pilipinas (BSP) reduced its benchmark interest rate by 25 basis points to 5.5 percent at its rate-setting meeting Tuesday, citing easing inflation and the need to support domestic consumption and credit growth amid global headwinds.
As the May 2025 elections draw near, a new Social Weather Stations (SWS) survey reveals that Filipinos continue to prioritize economic and social welfare issues in choosing their candidates—emphasizing the critical role of voter discernment in safeguarding democratic rights.
In a significant step toward environmental sustainability, telecom giant Globe is rolling out eco-friendly SIM cards to its Globe Prepaid and TM customers—who make up over 96 percent of its mobile user base.
The Asian Development Bank (ADB) has projected a 4.9 percent economic growth rate for developing Asia and the Pacific in 2025, slightly down from 5 percent in the previous year, according to the ADB's latest Asian Development Outlook (ADO) report released today.
The Asian Development Bank (ADB) has forecast that the Philippine economy will grow at a robust pace of 6.0 percent in 2025 and 6.1 percent in 2026, driven by strengthened domestic demand and sustained public investment. This growth follows a 5.6 percent expansion in 2024.