Thursday, 09 October 2025, 3:02 am

    Tag: GDP

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    Philippine economy expands 5.4% in 1Q amid global uncertainty 

    The Philippine economy grew by 5.4 percent in the first quarter of 2025, according to the Philippine Statistics Authority—a modest yet steady performance amid ongoing global uncertainty.

    ADB forecasts strong Philippine growth, ‘Blue Economy” opportunities

    The Asian Development Bank (ADB) has forecast that the Philippine economy will grow at a robust pace of 6.0 percent in 2025 and 6.1 percent in 2026, driven by strengthened domestic demand and sustained public investment. This growth follows a 5.6 percent expansion in 2024.

    PSA revises GDP growth for 2024

    The Philippine Statistics Authority (PSA) has revised estimates for the country’s economic performance, covering both 2023 and 2024, with updates on quarterly and annual figures by industry and expenditure. 

    Emerging markets output growth looking sanguine

    Emerging markets and developing economies like the Philippines were to collectively post output growth measured as the gross domestic product (GDP) averaging 4 percent this year, but higher next year to 4.2 percent, according to the International Monetary Fund (IMF).

    Q3 2022 GDP growth maintained at 7.6%

    The government has retained the projected local output growth measured as the gross domestic product (GDP) at 7.6 percent in the third quarter of 2022, according to National Statistician Dennis Mapa.

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    BPI wins major honors at 2025 ABF Retail Banking Awards

    The Bank of the Philippine Islands (BPI) earned six prestigious awards at the 2025 Asian Banking & Finance (ABF) Retail Banking Awards, further cementing its position as a leading force in the Philippine banking industry.

    DOE unveils new petroleum exploration projects 

    The Department of Energy (DOE) has launched eight new petroleum service contracts (PSCs) in a renewed push to strengthen the Philippines’ energy independence and reduce reliance on imported fuel. 

    Tokyo-Manila defense ties deepen amid maritime security focus

    Japan and the Philippines continue to strengthen their maritime defense cooperation, with Japanese Ambassador Endo Kazuya reaffirming Tokyo’s commitment to supporting Manila’s maritime security capabilities during the Blue Economy Annual Trade & Conference (BEACON EXPO 2025) held at the Mall of Asia.

    Kaspersky warns of rising deepfake threat, urges swift registration

    Global cybersecurity firm Kaspersky has warned Filipinos of the growing danger posed by deepfake technology and urged the government to implement stronger legislation to combat this emerging cyber threat.

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