Philippines

Philippines reaffirms easing may soon end as inflation on target

The BSP has reduced its key rate by 200 basis points in its current easing cycle

The president is accused of corruption, violating the constitution and betraying public trust.

Philippine House panel finds bid to impeach Marcos lacks substance

The House of Representatives is expected to convene for a plenary vote to either uphold the committee’s findings or override them

“We are exploring other markets that could pay better,” association head Robert Young says.

Philippine garment makers find they can’t quit the US just yet

Long-standing relationships built over decades with American clients have helped to soften the blow

Protesters on Monday (Feb 2) hold signs calling for the impeachment of Philippine President Ferdinand Marcos Jr., and Vice-President Sara Duterte during a rally outside the House of Representatives (HOR) in Manila.

New impeachment bids fire up Marcos-Duterte feud in Philippines

The top two leaders’ relationship collapses after they ride a joint ticket to electoral success

The lacklustre performance of the Philippine economy raised the odds of another central bank rate cut.

Philippines’ Q4 growth skids to 5-year low, raises odds of further rate cuts

The corruption scandal linked to flood infrastructure projects led to slower public spending

Outsourcing accounts for around 8% of the Philippines’ GDP.

Amid threats, Philippines spends millions to upskill outsourcing workers

The industry grapples with talent shortage, artificial intelligence and increased competition

Official fourth quarter GDP numbers will be released on Thursday.

Philippines revises Q3 GDP down to 3.9% from 4%

[MANILA] The Philippines statistics agency has revised third quarter economic growth downwards to 3.9 per cent from 4 per cent, reflecting changes in the contributions made by sectors like real estate...

Philippine President Ferdinand Marcos Jr's condition remains stable, his office said in a statement. 

Philippines’ Marcos advised by doctors to rest after discomfort

PHILIPPINE President Ferdinand Marcos Jr. was advised by his doctors to rest, having spent the night under medical observation after experiencing discomfort, his office said on Thursday.

In 2023, Philippines' President Ferdinand Marcos Jr signed an agreement extending the production contract for the Malampaya natural gas block by 15 years and allowing the operator to drill new wells as it seeks to boost output.

Philippines makes first natural gas discovery in more than a decade

[MANILA] Philippine President Ferdinand Marcos Jr said on Monday gas and condensate had been found at a well close to the existing Malampaya gas field off the island of Palawan, the country’s first na...