Saturday, 25 January 2025
9 Jan 2025
11:39AM
Youthful demographics and spending power propel Philippines’ resilient growth, says BDO exec
The Philippines’ youthful, expanding population and resilient domestic consumption position the country for accelerated growth, even in the face of global uncertainties, according to BDO Unibank senior vice president Dante Tinga Jr.
3 Jan 2025
3:03PM
Growing AI adoption to impact revenues of Philippine BPO industry — BSP report
The BPO sector, a cornerstone of the Philippines’ export revenue, is expected to grow at a slower rate in 2024 and 2025 “consistent with latest trend driven in part by domestic constraints in AI adoption.”
26 Dec 2024
6:04PM
SM conglomerate sees 2025 confidence rebound in Philippines amid lower inflation
“Any moderation in inflation should trigger a strong confidence rebound,” SM Investments president and CEO Frederic DyBuncio said. “This could create opportunities in consumer-focused sectors in the country, and we are poised to cater to these evolving demands.”
11 Dec 2024
10:46AM
ADB: US policy changes could impact Asia and the Pacific growth
The Asian Development Bank (ADB) projects steady economic growth for Asia and the Pacific this year and in 2025, but potential policy changes under U.S. President-elect Donald Trump may pose challenges to the region's longer-term outlook.
5 Dec 2024
7:44PM
BDO chief sees Trump, PH ‘political noise’ as growth risks, bets on 2025 revival
By: Miguel R. Camus
Business activity in the Philippines may slow in the fourth quarter, influenced by concerns over the incoming Trump administration, local political uncertainties, and broader geopolitical risks, the president of the country’s largest bank said.
27 Nov 2024
11:59AM
WATCH: Growth of PH digital economy leads regional peers, hits $31B in 2024
“The Philippines is once again Southeast Asia’s fastest-growing digital economy – thanks to its tech-savvy population, thriving digital sectors, and supportive government,” said Jackie Wang, Google’s country director for the Philippines and Thailand.
27 Nov 2024
9:53AM
‘Business as usual’ for PH gov’t amid Marcos-Duterte brawl — economic managers
This joint statement came as they welcomed S&P Global Ratings’ decision to raise the country’s credit rating outlook to “positive,” signaling a potential upgrade to an “A-” rating within 24 months.
25 Nov 2024
9:55AM
Unicap: Tax cuts to propel PH economy in 2025 to fastest growth rate in 7 years
Lower global oil prices and the recently signed Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating Economy (CREATE MORE) law are expected to drive this improvement.
20 Nov 2024
7:41AM
For a future-ready economy: DOF champions digitalization, sustainability, and diversification
The Department of Finance (DOF) is focusing on digitalization, sustainability, and diversification to propel businesses and fortify the Philippine economy against future challenges.
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