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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Meralco backs transparent bidding for partnerships with electric cooperatives

The Manila Electric Co. (Meralco) said it supports using a competitive selection process, or public bidding, when choosing private sector partners for electric cooperatives (ECs).

DA eyes P50/kg price cap on imported rice by end-April

The Department of Agriculture (DA) said a price cap on imported rice may be in place by the end of April.

Power prices in spot market rise 23% in March — IEMOP

Electricity prices in the country’s spot market increased sharply in March, driven by tighter supply and higher demand, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

DTI pivots to EV incentives amid fuel risks

The Department of Trade and Industry (DTI) has dropped...

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