Top News
BSP cuts policy rate to 4.75% amid weak growth outlook
The Bangko Sentral ng Pilipinas (BSP) unexpectedly cut its benchmark interest rate by 25 basis points to 4.75 percent during its rate-setting meeting today, defying widespread market expectations of a hold at 5 percent.
US State Department flags red tape, corruption in Philippines
Pervasive corruption—both in government offices and private boardrooms—along with slow and opaque bureaucracy, high logistics costs, and congested infrastructure continue to undermine the Philippines’ ability to attract foreign investment and sustain economic growth, according to the latest assessment from the US State Department.
Jobless rate slightly improves in August
The Philippine Statistics Authority (PSA) on Tuesday reported a slight improvement in the country's labor market in August 2025, with the unemployment rate easing to 3.9 percent from 4 percent in the same month last year.
September inflation accelerates, still below BSP target
Headline inflation in the Philippines quickened to 1.7 percent in September, the fastest pace since March, as rising transport, food, and restaurant costs drove up consumer prices, the Philippine Statistics Authority (PSA) reported on Tuesday.
Inflation seen rising, BSP likely to hold rates steady amid lingering external risks
Inflation likely rose to 1.9 percent year-on-year in September from 1.5 percent in August, driven by higher food prices following recent tropical storms that damaged agricultural output.
