Top News
Jobless rate hits 3-year high 5.3% in July amid storms
The country’s unemployment rate rose to 5.3 percent in July 2025, the highest level since August 2022, despite a shrinking labor force—weighed down largely by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported Wednesday.
Boardrooms bet on growth amid rising disruption
The country's chief executives remain broadly confident in the outlook of the various industries over the next 12 months despite persistent challenges such as corruption, macroeconomic volatility, and geopolitical risks, according to the CEO Survey 2025 conducted by the Management Association of the Philippines (MAP) and Isla Lipana & Co./PwC Philippines.
World Bank funds US$70M climate-linked risk mitigation program for farmers
The World Bank is backing a five-year, USD70 million initiative to create a co-insurance pool that will cushion Philippine agriculture from escalating climate-related risks.
Forex reserves climb to $105.9B in August
The country's gross international reserves (GIR) rose to US$105.9 billion in August 2025, reflecting stronger global gold prices and higher investment income, according to the Bangko Sentral ng Pilipinas (BSP).
Inflation accelerates in August on higher food prices
Headline inflation accelerated in August, climbing to 1.5 percent from 0.9 percent in July, as food prices—particularly for fish and vegetables—rose amid supply bottlenecks caused by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported on Friday.
