Economy

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Monday, 18 August 2025
5 days ago

AI adoption in PH could unlock ₱1.8 trillion in economic gains —study

Artificial intelligence (AI) could inject as much as ₱1.8 trillion (about US$31 billion) into the Philippine economy, equivalent to a 7-percent boost to the country’s 2024 gross value added (GVA), according to a new report by London-based public policy research agency Public First.
7 days ago

Officials urge tighter rules on online gambling in Philippines

Online gambling is one of the fastest-growing segments of the Philippine gambling industry, contributing a large share of the Philippine Amusement and Gaming Corp.’s income. But with only 40 percent of operators under regulation, policymakers warn of potential harm to vulnerable groups.
7 Aug 2025
3:48PM

PH economy grew 5.5% in 2nd quarter of 2025

The Philippine economy expanded by 5.5 percent year-on-year in the second quarter of 2025, driven by strong performance in services, public administration, and consumer spending, the Philippine Statistics Authority (PSA) reported.
20 Jun 2025
7:33AM

Tourism adds ₱2.35 trillion to PH economy, accounts for 8.9% of 2024 GDP

Tourism contributed 8.9 percent to the Philippines' gross domestic product (GDP) in 2024, according to the latest Tourism Satellite Account compiled by the Philippine Statistics Authority (PSA).
19 Jun 2025
11:14AM

PH economy resilient despite Middle East tensions, says BPI Securities

The Philippine economy remains resilient in the face of escalating geopolitical risks in the Middle East, BPI Securities Corp. said, citing stable inflation and improved domestic supply conditions as key anchors of investor sentiment.
14 Jun 2025
12:57PM

EJAP Forum 2025: Dizon, Aguda lead talks on transport and digital future

Government and business leaders will gather on June 16 at the Fairmont Hotel in Makati for the Economic Journalists Association of the Philippines (EJAP) Infrastructure Forum.
5 Jun 2025
5:59PM

Japan credit watcher keeps ‘A-’ rating for Philippines, cites resilient growth

The Japan Credit Rating Agency Ltd. (JCR) has reaffirmed its ‘A-’ credit rating with a stable outlook for the Philippines, citing the country’s robust economic fundamentals, effective policy measures, and solid progress in fiscal reforms.
6 May 2025
8:57PM

April inflation slows to 1.4 percent, bolstering case for BSP rate cut, BPI says

The continued easing of inflation to 1.4 percent in April, its lowest since 2019, bolsters the case for a potential interest rate cut by the Bangko Sentral ng Pilipinas.
21 Feb 2025
8:52PM

BPI: BSP injects P300B liquidity, balancing bank support, inflation risks

Local banks are getting a competitive boost as the Bangko Sentral ng Pilipinas (BSP) slashes the reserve requirement ratio (RRR) by 200 basis points, injecting at least P300 billion into the financial system, according to the Bank of the Philippine Islands (BPI).
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