Lending by universal and commercial banks (U/KBs) continued to grow in September, alongside faster domestic liquidity expansion, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).
Philippine headline inflation held steady at 1.7 percent in October 2025, unchanged from September and slower than the 3.0 percent recorded a year earlier, as food and transport costs continued to ease, the Philippine Statistics Authority (PSA) reported.
The economy is expected to have grown by 5.9 percent year-on-year in the third quarter of 2025, faster than the 5.5 percent expansion in the April–June period. The pickup, economists at Moody's Analytics said, is likely fueled by strong household consumption, supported by lower borrowing costs, easing inflation, and steady remittance inflows.
The Manila Electric Co. (Meralco) expects its total energy sales for 2025 to be “flattish,” or nearly unchanged from last year’s record levels, as weaker demand offsets the growth in new customers.
The Department of Agriculture (DA) has formally recommended to President Ferdinand Marcos Jr. the extension of the temporary rice import ban until the end of the year, citing the need to stabilize farm gate prices and support local producers.