Tag: economy

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Business groups push transparency to revive growth

Business groups are calling for tougher governance, faster digital reforms, and sustained infrastructure spending as the Philippines looks to reboot growth in 2026 after the economy slowed to 3 percent in the fourth quarter of 2025.

Treasury bill yields ease at auction on strong demand

Philippine treasury bill yields continued to soften at the auction Tuesday, dragged lower by prospects of further monetary easing after a weaker-than-expected economic...

US State Department flags red tape, corruption in Philippines 

Pervasive corruption—both in government offices and private boardrooms—along with slow and opaque bureaucracy, high logistics costs, and congested infrastructure continue to undermine the Philippines’ ability to attract foreign investment and sustain economic growth, according to the latest assessment from the US State Department.

Palay output in 1Q up 0.3%, sets new yield record

Palay production in the first quarter of the year rose by 0.3 percent, reaching 4.7 million metric tons, with yields setting a new record high.

Philippines jobless rate eases to 4.3% in January

The Philippines' unemployment rate decreased to 4.3 percent in January, down from 4.5 percent in the same period last year, as the economy continued to create more jobs to accommodate new entrants to the labor force, according to the Philippine Statistics Authority (PSA) report on Thursday.

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PH ships 32,000 young coconuts to Liberia, opening new African markets

The Department of Agriculture (DA) and Davao-based Abante Agri-Products Philippines Inc. have shipped 32,000 fresh young coconuts (buko) to Monrovia, Liberia, marking a milestone that could unlock new West African export opportunities for Philippine agriculture.

New water systems bring clean water and relief to remote Sarangani barangay

The Department of Environment and Natural Resources has completed three community water supply systems in Barangay Datal Anggas, providing over 1,000 households across three sitios with direct access to clean, potable water.

Citi sees record ASEAN banking year as deals surge 30%

Citi expects 2026 to mark a record year for investment banking across Southeast Asia, as accelerating mergers and acquisitions (M&A), artificial intelligence-related financing and capital-market fundraising drive deal activity, with the Philippines among markets accessing international debt investors.

Tobacco control groups urge probe on alleged nicotine products promos

Ten public health and tobacco control organizations have urged the Department of Trade and Industry (DTI) to strengthen enforcement of restrictions on nicotine product promotions, alleging repeated violations involving IQOS and ZYN sponsorships of entertainment and cultural events.

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