MANILA, Philippines – The Philippine economy was one of the fastest-growing in Asia this year despite global challenges such as geopolitical tensions. Philippine economic growth settled at 5.2 ...

Gross domestic product (GDP) will expand by 5.9% in 2024, slightly less than an earlier 6.0% outlook, after bad weather in the third quarter, the bank said in its Philippines Economic Update.

Philippines economic growth remained strong in 2023, with GDP growth improving to a pace of 5.9% y/y in the third quarter of 2023, compared with GDP growth of 4.3% y/y in the second quarter of 2023.

New vehicle sales in the Philippines increased by just over 2% to 39,542 units in September 2024 from 38,628 units a year earlier ... Overall economic growth in the country has remained strong, ...

Fragomen, a US-based provider of immigration services, has announced the opening of a new office in the Philippines. The new base in Manila is aimed at strengthening the firm’s capacity to ...

MANILA (Reuters) -The Philippines lowered its growth target for this year and narrowed its growth goals for 2026 to 2028 to reflect global uncertainties stemming from tensions in the Middle East ...

Economic growth slowed sharply in the second quarter of 2023, to 4.3% year on year from 6.4% in the first quarter and 7.6% in the whole of 2022, with domestic consumers feeling the impact of the ...

Farm output in the Philippines declined by the most in nearly four years in the third quarter, the statistics agency said on Wednesday, a reading which does not bode well for economic growth in ...

THIRTY-SEVEN years ago, when this newspaper was reformed under this new name, the average Filipino earned less than one tenth of the income of the average high-income person. Since then, the ...

MANILA (Reuters) -Philippines President Ferdinand Marcos Jr on Monday touted his administration's successes over the past year, including battling inflation and steering the economy back on track ...

The Philippines is stepping boldly into a new era of economic openness, driven by long-overdue reforms that are finally breaking barriers to growth.