Tag: Philippines

The US economy added significantly fewer jobs than expected in July, highlighting growing business uncertainty amid President Donald Trump's sweeping review of bilateral trade tariffs—an initiative that has triggered retaliatory measures even from longtime American allies.

Philippine Business Bank, a local savings bank, reported strong performance in the first half of 2025, with interest income and interest margin improving.

Agriculture Secretary Francisco P. Tiu Laurel Jr. proposes the distribution of 210 metric tons of smuggled frozen mackerel recently seized at the ports of Manila and Subic once approved by President Ferdinand Marcos Jr.

The economy likely expanded 5.8 percent in the second quarter this year, improving from 5.4 percent in 1Q but still lagging the 6.5 percent growth seen in 2Q 2024, according to the Bank of the Philippine Islands (BPI). The uptick, lead BPI economist Jun Neri said, was mainly driven by household consumption, buoyed by election-related outlays, cooling inflation, and sustained consumer lending.