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.
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.
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 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).
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.
Japanese Ambassador to the Philippines Endo Kazuya attended the Asia Pacific Alliance for Disaster Management (A-PAD) Philippines International Symposium 2025, which concluded a three-year initiative focused on emergency preparedness, volunteer engagement, and strengthening emergency medical services (EMS) in the region.
Pueblo de Oro Development Corp. has secured national acclaim for its outstanding commitment to inclusive and sustainable community development, winning two prestigious awards at the Dot Property Philippines Awards 2025.
The Government Service Insurance System (GSIS) has set aside an additional P1.9 billion in emergency loans for more than 71,000 active members and pensioners in five areas severely impacted by the southwest monsoon (habagat), the Intertropical Convergence Zone, and tropical storms Crising, Dante, and Emong.
CIMB Bank Philippines, recently named the country’s best digital bank by The Asian Banker, has launched CIMB Biz, a new banking segment aimed at supporting micro, small, and medium enterprises (MSMEs) with improved access to formal financial services.