Long-term inflation expectations remain ‘anchored’ despite shocks
Long-term inflation expectations remain anchored despite persistent price pressures driven by oil shocks stemming from the Middle East war, a study by the Bangko Sentral ng Pilipinas (BSP) Research Academy showed.
Tourism share to GDP slips to 8.1% in 2025
The tourism sector’s contribution to the economy declined in 2025 due to lower spending by international visitors.
Philippine trade gap widens to near 4-year high in April
The Philippines’ trade deficit surged 49.8 percent to $5.97 billion in April as imports grew more than twice as fast as exports, fueled by higher oil prices linked to the Middle East conflict.
Revised PHL Dev’t Plan assumes greater gov’t spending until 2028
The Department of Economy, Planning, and Development (DEPDev) said the updated Philippine Development Plan (PDP) 2023-2028 targets reflect higher government spending and revised fiscal and macroeconomic goals through 2028.
DTI pitches PHL as ‘Asia digital hub’ at Apec meet
The country is positioning itself as a regional digital economy hub, with the Department of Trade and Industry (DTI) pushing for digital transformation and expanded trade cooperation during a high-level meeting with global business leaders on the sidelines of the Asia-Pacific Economic Cooperation (Apec) discussions in China.
Philippine economy expected to rebound in second half
The Philippine economy could grow by around 5% in the second half of the year, driven by base effects and an expected acceleration in government infrastructure spending, according to the University of Asia and the Pacific (UA&P).
House okays 5 bills under Ledac list
The House of Representatives moved closer to completing nearly half of the Legislative-Executive Development Advisory Council (Ledac) priority measures after approving five key bills on second reading during a marathon session late Tuesday.
The Department of Transportation (DOTr) is ramping up the implementation of its road safe-ty mechanisms and long-term strategies under the Philippine Road Safety Action Plan (PRSAP) 2023–2028 to reduce road crash incidents and protect vulnerable road users such as pedestrians and cyclists.
Cement makers expect slower demand this year
Cement manufacturers expect demand to be flat or post single-digit decline this year due to weak government spending amid the flood control controversy that unraveled last year.
PH economy faces triple threat
The Philippines is among the Asian economies most exposed to the combined risks of a potential “Super El Niño,” high US interest rates, and domestic policy uncertainty, according to MUFG.
ERC, DOE inspect power plants in probe of outages
The Energy Regulatory Commission (ERC) and the Department of Energy (DOE) have inspected power facilities to identify the causes of outages and ensure immediate power restoration.
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