Tag: GDP

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Philippine GDP growth slows, services carry economy

The Philippine economy ended 2025 on a softer note, with gross domestic product growing 3.0 percent year on year in the fourth quarter, bringing full-year growth to 4.4 percent, according to data from the Philippine Statistics Authority. The figures point to an economy that is still expanding—but unevenly, with clear winners and laggards.

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.

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Inflation seen rising as global oil prices push costs higher

Inflation in the Philippines likely increased in March, driven mainly by rising global energy prices linked to tensions in the Middle East, according to Moody’s Analytics.

DTI unveils P4B MSME fund, zero-collateral loans 

The Department of Trade and Industry on Monday launched a P4-billion MSME Business Fund to help small enterprises weather global uncertainties, including the ongoing Middle East crisis.

Petron leads sharp fuel hike; Jetti delays to cushion diesel impact

Fuel prices are set to increase this week as global oil costs remain high tensions in the Middle East.

Digital lender launches CIMB Prime with 3.5% interest rate and zero fees

CIMB Bank Philippines has introduced CIMB Prime, a new premium banking segment offering higher interest rates, reduced fees, and priority customer service for qualified clients.

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