Top News
Trade deficit in agricultural goods narrows in May—PSA data
The Philippines saw the trade deficit for agricultural goods trade narrowed in May, as exports of farm goods rise and the value of imports declined during the period.
Digital payments dominate PH retail transactions in 2024
The Philippines posted strong gains in digital finance, with digital payments accounting for 57.4 percent of monthly retail transactions by volume and 59 percent by value in 2024, according to the Bangko Sentral ng Pilipinas (BSP). This marks a steady increase from only 52.8 percent and 55.3 percent, respectively, in 2023, reinforcing the country's ongoing digital transformation.
PSEi forecasts trimmed amid weak FDI, tepid growth outlook
The Philippine stock market faces a more subdued outlook for 2025 as leading brokerages sharply lower their year-end forecasts for the Philippine Stock Exchange index (PSEi), citing disappointing foreign direct investment (FDI) inflows and muted corporate earnings growth.
Cautious optimism defines Filipino finances in 2H
Filipinos are heading into the second half of 2025 with a blend of financial hope and prudence, according to TransUnion’s Q2 2025 Consumer Pulse Study, which highlights a growing focus on income growth, debt management, and access to credit despite persistent economic pressures.
Inflation edges higher on housing, education
Headline inflation in the Philippines rose to 1.4 percent in June, up from May’s six-year low of 1.3 percent, driven by increased housing and utilities costs—especially electricity—and a seasonal increase in education services following the start of classes.
