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.
Century Properties Group Inc. (CPG) is standing by its commitment to reward shareholders, declaring a P554.89-million cash dividend for 2026 while maintaining the higher 20 percent payout policy it adopted last year despite an uncertain business environment.
Tanduay has further cemented its position among the world’s top premium rum producers, earning Gold Medals for two of its products at the 2026 Bartender Spirits Awards held in Chicago, USA last June 10.
Prudence Foundation, the community arm of Prudential plc, has launched Levela – a free financial education platform – in the Philippines, the first market worldwide to get the service.
Micro, small and medium enterprises (MSMEs) in the Visayas and Mindanao are breaking free from geographic limits, with e-commerce helping provincial businesses win customers across the country and emerge as a growing force in the Philippine digital economy.