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Current estimates indicate that in the absence of retaliation, the impact of the reciprocal tariffs on the Philippine economy is likely small, averaging less than one percent of the country’s gross ...
MANILA, Philippines — Nomura Global Markets Research has trimmed its 2025 growth forecast for the Philippine economy to 5.9 percent from six percent previously, citing headwinds from global ...
MANILA, Philippines — The Philippine economy is seen growing at a faster pace of at least six percent this year from the revised 5.7 percent last year, according to the Asian Development Bank ...
The Philippine central bank cut its policy rate Thursday as widely expected, against a backdrop of cooling inflation at home and trade turmoil abroad. Bangko Sentral ng Pilipinas lowered its ...
a major source of purchasing power for many households in the consumption-driven Philippine economy. “The decline in growth can be attributed to seasonal effects, where February tends to be one ...
“With negotiations on the cards, it is too early to identify the extent of Trump’s tariffs on the Philippine economy. Rather, we are hoping to highlight the severity should negotiations fall ...
In its Asian Development Outlook, ADB said the heightened uncertainty over the external environment could weigh on its outlook for the Philippine economy growing by 6 percent this year.
given the recent data on Philippine inflation that supported the case for a cut. The potential impact of new U.S. tariffs also bolstered the argument for a rate cut. The Southeast Asian economy is ...
CHINA on Thursday warned that the higher tariffs imposed by the United States on all countries could do wide-ranging damage to the Philippine economy but said regional integration could mitigate the ...
The Philippine payments position swung to a deficit in March due to the national government’s drawdowns on its foreign currency deposits with the Bangko Sentral ng Pilipinas (BSP), data released by ...
Despite the growing uncertainty in global trade, Economic Planning Secretary Arsenio Balisacan said the Philippine economy remains relatively insulated due to its smaller role in global trade ...
First-quarter GDP data will be released on May 8. “Trump’s tariffs have compounded the challenges faced by the Philippine economy, having already underperformed in Q4. Prompt policy support will be ...