Economy

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Tuesday, 24 June 2025
3 days ago

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).
4 days ago

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).
10 Feb 2025
4:42PM

BPI: BSP expected to cut rates as growth concerns mount

The Bangko Sentral ng Pilipinas (BSP) is expected to lower its policy rate by 25 basis points to 5.5 percent on Thursday, as it shifts focus to boosting the economy amid slower-than-expected growth and stable inflation, Bank of the Philippine Islands (BPI) said.
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.”
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