FINANCE Secretary Ralph G. Recto on Monday said the government is working to ensure that economic growth would outpace debt ...

THE country’s economic transactions with the rest of the world will come under increasing pressure as global trade headwinds intensify, a Fitch Group unit said.

Vietnam has launched an ambitious plan for housing and infrastructure development, supported by investments equal to 10% of ...

The United Arab Emirates has achieved another landmark milestone in its record of global leadership, advancing to 16th place worldwide in the 2025 ...

THE rate of insurance penetration in the country inched up by 1.79 percent in the second quarter, slightly higher than the 1.71 percent in the same period last year, the Insurance Commission (IC) ...

THE Congressional Policy and Budget Research Department (CPBRD), the House of Representatives’ think tank, has warned that government tax revenues are unlikely to meet the 15-percent share of gross ...

THE recovery of the country’s current account balance could be made more difficult given global headwinds, according to United Kingdom-based think tank. In its latest economic note, BMI, a Fitch ...

Finance Secretary Ralph G. Recto has called on lawmakers to follow the government’s updated Medium-Term Fiscal Program as they prepare the 2026 national budget, stressing the need to use public funds ...

The GDP deflator index in January-July 2025 compared to the same period of the previous year totaled 112.4%, according to Belstat. Earlier, the Eurasian Development Bank upgraded its forecast for ...

GDP growth in 2026 is also expected to ease slightly, as the effects of the reciprocal tariff continue to be felt throughout the year.

THE PHILIPPINES’ current account deficit could further widen over the medium term as global trade uncertainties affect external demand, Fitch Solutions unit BMI said. “We now expect the Philippines’ ...

SMEs remain the backbone of most economies, driving innovation, creating jobs, and contributing significantly to GDP. Yet, ...