Top News
Trade gap pushes BOP to US$5.3-B deficit
The country posted a US$5.3-billion balance of payments (BOP) deficit in the first nine months of 2025, equal to 1.5 percent of GDP, as tighter global financial conditions and trade uncertainties weighed on the external sector.
BOI approves P26.43B in new investments, eyes new jobs
The Board of Investments (BOI) has cleared P26.43 billion worth of fresh investments, giving the government’s industry roadmap a solid boost as it pushes for growth across services, manufacturing, housing, and clean energy.
BSP cuts key rate to 4.5%, signals end of easing cycle
The Bangko Sentral ng Pilipinas (BSP) today decided to lower its key interest rate, the target reverse repurchase (RRP) rate, by 0.25 percentage points to 4.5 percent.
Fed delivers a quarter-point rate cut, flags risks
The Federal Reserve cut interest rates by a quarter percentage point on Wednesday after noting cooler labor-market momentum and persistent uncertainty surrounding the economic outlook.
ADB trims Philippine growth forecast amid flood-control probes
The Asian Development Bank (ADB) has downgraded its growth forecast for the Philippine economy for this year and in 2026, contrasting with its upward revisions for the rest of developing Asia. The Manila-based regional lender cited reduced public infrastructure spending following investigations into controversial flood-control projects as a key drag on economic momentum.
