Tag: Philippines

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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.

Philippines stuns Iran, wins 2025 Women’s Ice Hockey Asia Cup

It was bound to happen—a rematch a year in the making, and this time, the ending was different. The Philippines and Iran—undefeated and dominant all tournament long—clashed in a high-stakes finale Friday at the 2025 Women’s Ice Hockey Asia Cup in Al Ain, United Arab Emirates. 

Philippine debt edges higher, still controlled

Outstanding Philippine government debt ticked up slightly to P16.684 trillion by end-March 2025, a 0.31 percent month-on-month increase, signaling stability rather than strain.

ADB forecasts strong Philippine growth, ‘Blue Economy” opportunities

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.

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Insurance sector seen posting 9% annual expansion to 2035

Analysts at Allianz Research projects the Philippine insurance market growing 9.2 percent annually over 10 years to 2035—outpacing the country’s nominal GDP growth forecast of 8.1%.

Security Bank named AI learning champ at LinkedIn Talent Awards 2025

Security Bank Corp.(SEBC) has received top recognition at the LinkedIn Talent Awards 2025, taking home the AI Pioneer: Learning Champion Award in the category for organizations with over 10,000 employees. The award honors the bank’s successful integration of artificial intelligence into employee learning and development, making skill-building more accessible, tailored, and closely linked to business goals.

Japan eyes Philippine tourism as gateway to broader growth

Nearly half of the investment leads secured during President Ferdinand Marcos Jr.’s  state visit to Japan last week are linked to tourism, underscoring the sector’s growing role as a catalyst for infrastructure, technology, and regional economic development.

Renewable energy firm acquires Visayas hydropower asset

Repower Energy Development Corp. is expanding its hydropower portfolio through the acquisition of a stake in Taft Hydroenergy Corp., owner of the 15.93-megawatt Tubig Hydropower Plant in the Visayas.

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