Top News
Gov’t eyes P42B to widen social protection coverage
The government would need about P42 billion over the next three months to expand social protection coverage for vulnerable households, Planning Secretary Arsenio Balisacan said Monday, as policymakers weigh broader support measures amid ongoing economic pressures.
Government warns Meta: curb oil crisis disinformation now
The Philippine government has directed Meta Platforms, Inc. to strengthen its safeguards against the spread of false and panic-inducing content tied to the ongoing oil crisis, warning of potential legal action if the company fails to act swiftly.
ADB downgrades Philippine growth outlook amid global risks
The Asian Development Bank (ADB) has trimmed its growth forecast for the Philippines, underscoring mounting global uncertainty driven largely by the ongoing conflict in the Middle East.
S&P revises Philippines outlook; oil risks clouds ratings upgrade
The Philippines’ push toward a higher credit rating has been put on hold as global risks cloud the near-term outlook, even as underlying economic fundamentals remain intact.
Unemployment eases to 5.1% in February
The Philippines’ job market showed tentative improvement in February, with the unemployment rate easing to 5.1 percent from 5.8 percent in January, according to data released Wednesday by the Philippine Statistics Authority.
