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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Consortium begins P2.1B microgrid projects in underserved areas

A power consortium has started building 24 microgrid projects worth about P2.1 billion to bring electricity to remote communities in Palawan, Cebu, and Quezon Province.

Tookitaki expands Philippine presence, boosts anti-crime push 

Tookitaki has expanded its footprint in the Philippines with a new satellite office at Ayala Triangle Tower One in Makati City, signaling confidence in one of Southeast Asia’s fastest-growing fintech markets.

Philippines clinches P925M ITB Berlin deals

The Philippines secured more than P925 million in preliminary sales leads at Internationale Tourismus-Börse Berlin 2026, reinforcing its push to capture higher-value European travelers and expand its long-haul market base.

Monde Nissin cited for plastic, circular gains

Monde Nissin Corp. has received a Special Citation for Obliged Enterprises at the 2026 Extended Producer Responsibility (EPR) Recognition Program, highlighting its progress in cutting plastic use and advancing circular packaging.

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