Revisions to the first-quarter gross domestic product (GDP) kept economic growth steady at 5.4 percent, the Philippine Statistics Authority (PSA) said.
Data for second-quarter GDP...
The Philippines’ unemployment rate in June rose to 3.7 percent, up from 3.1 percent a year earlier, according to the latest Labor Force Survey released Wednesday by the Philippine Statistics Authority (PSA).
Lending activity by universal and commercial banks (U/KBs) continued its upward trajectory in June, supporting stronger domestic demand and economic momentum, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).
The Bangko Sentral ng Pilipinas (BSP) approved US$4.89 billion in proposed public sector foreign borrowings in 2Q 2025, reflecting a 25.4 percent increase from US$3.90 billion in the same period last year.
Motorists and enterprises will once again face higher fuel costs this week, as local oil companies announce another round of price hikes amid volatile global crude markets and currency headwinds.