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.
The Bangko Sentral ng Pilipinas (BSP) expects inflation in November to settle between 1.1 percent and 1.9 percent, citing rising prices for rice, fish, and fruits due to recent bad weather.
Malayan Insurance Co., Inc. (MICO) is celebrating 95 years of serving Filipinos, highlighting its mission to support and empower the community. Under the anniversary theme “Love, Malayan,” the company is reinforcing its commitment to giving back to the people who have been part of its success.
PLDT and Smart have partnered with the Kabahagi Parent Advocates Organization to help protect children with disabilities in Quezon City from online harm, as more Filipino families rely on the internet in daily life. Parents and caregivers in Batasan Hills recently joined a #BeCyberSmart workshop focused on online risks, including online sexual abuse and exploitation of children.
The Bangko Sentral ng Pilipinas (BSP) has unveiled two new commemorative coins honoring the country’s cultural heritage and its upcoming role as ASEAN Chair in 2026.