Top News
Government think tank projects steady growth in 2024-2025
The Philippines is expected to remain resilient over the next two years, fueled by strong domestic consumption, infrastructure investment, and an expanding services sector, according to a new report from the Philippine Institute for Development Studies (PIDS).
GIR decline highlights resilience of Philippines’ external liquidity
The country's gross international reserves (GIR) dropped to USD108.5 billion as of end-November 2024, down from USD111.1 billion in October, according to the latest...
Philippine employment data reveal mixed trends; Oct rate at 3.9%
The unemployment rate eased to 3.9 percent in October 2024 from 4.2 percent in the same month last year, with the number of jobless Filipinos declining to 1.97 million from 2.09 million.
Storm-driven food price spikes push Nov inflation to 2.5%—PSA
The rate at which prices change across the Philippines, more known as inflation, accelerated to 2.5 percent in November, from only 2.3 percent in October, the Philippine Statistics Authority reported on Thursday.
Catch-up 4Q expansion seen averaging 5.7%
The economy is seen playing catch up in the final three months of the year, its continued growth projected at an average of 5.7...
