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Bank lending and domestic liquidity continue upward momentum

Bank lending and domestic liquidity saw notable growth in November, signaling a resilient financial environment as the Bangko Sentral ng Pilipinas (BSP) continues to manage the balance between economic expansion and financial stability.

Megawide receives award for 1.87B Cavite BRT project

Megawide Construction Corp. has officially received the Notice of Award from the Province of Cavite for its bid to build the long-awaited Cavite Bus Rapid Transit (BRT) system.

41% of Filipinos back Duterte’s impeachment amid controversies

A recent survey conducted by the Social Weather Stations (SWS) has revealed a significant shift in public sentiment, with 41 percent of Filipinos expressing support for the impeachment of Vice President Sara Duterte.

Philippine unemployment drops ahead of holiday demand

The country's unemployment rate continued to decline in November 2024, easing to a 3.2 percent, as businesses prepare for the expected increase in demand for goods and services during the Christmas holidays. 

Headline inflation rises to 2.9% in December

Consumer prices picked up pace in December, with inflation rising to 2.9 percent year-on-year, up from 2.5 percent in November. The Philippine Statistics Authority attributed the increase primarily to higher housing and utility costs, as well as transport fares, which contributed significantly to the upward trend.

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