Tag: GDP

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Revisions trim Q3 GDP growth to 3.9%

The Philippine economy grew slightly less than initially reported in the third quarter of 2025, after official data revisions shaved a tenth of a percentage point off headline growth.

Storms temper agriculture growth to 2.6% in 2025

The value of Philippine agricultural output rose to P1.77 trillion in 2025, up 2.6 percent from a year earlier—a solid showing that would have been stronger were it not for weather-related disruptions in the final quarter, data from the Philippine Statistics Authority showed.

Thousands lose jobs in brutal anti-graft war

President Ferdinand Marcos Jr.’s anti-corruption blitz in flood-control and public-works agencies was meant to clean house. Instead, it is triggering political, economic, and social tremors that now overshadow its stated purpose. The irony is hard to ignore: a campaign launched to restore trust is increasingly viewed as deepening uncertainty.

Philippine GDP remains one of Asia’s fastest growing in 2Q; growth 5.5%

The Philippine economy expanded by 5.5 percent year-on-year in the second quarter of 2025, the Philippine Statistics Authority reported, reflecting sustained domestic activity across sectors.

T-Bill yields mixed as slew of data loom

Treasury bill yields moved mostly lower at Monday’s auction, as investors braced for a raft of key economic reports that could influence future monetary policy direction.

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UPLB housing breaks 45-year ground drought

After more than four decades, housing construction has returned to the campus of the University of the Philippines Los Baños (UPLB), a development that signals how universities are becoming key partners in the Philippine government’s expanding affordable housing agenda.

First Gen celebrates 50 years of EDC, launches unified brand

First Gen Corporation marked the 50th anniversary of its subsidiary, Energy Development Corporation (EDC), highlighting its role in advancing geothermal energy in the Philippines.

Victor Lee Meng Teck leads Security Bank as president and CEO

Victor Lee Meng Teck has been appointed president and chief executive officer of Security Bank Corporation, assuming the role in January 2026. Based in the Philippines, he now leads the bank’s overall strategy, operations, and growth initiatives in one of Southeast Asia’s key financial markets.

GSIS adopts 4-day on-site workweek to save energy

The Government Service Insurance System (GSIS) will start a four-day on-site workweek on Monday, March 9, 2026 as part of the government’s efforts to conserve energy.

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