In December 2024, the Development Budget Coordination Committee (DBCC) revised the 2024 growth target to 6.0-6.5%, expecting ...

Gross domestic product ... The Philippines has a population of more than 110 million with a median age of 25.3 years old as of 2020, according to government data. It is one of the few nations ...

Economic experts from the ASEAN+3 Macroeconomic Research Office (AMRO) see a brighter economic outlook for the Philippines in ...

The Philippines’ outstanding external debt stood at US$139.64 billion as of the end of September, up 17.5% against the same ...

THE PHILIPPINE central bank still has room to continue cutting interest rates, its top offi cial said.

The Philippines’ domestic material consumption (DMC) reached 427 million metric tons (MT) in 2023, a 4.1-percent increase ...

The Philippines current account deficit for 2024 will be much wider than previously expected, the central bank said on Friday, and the gap is projected to increase in 2025 due to geopolitical shocks ...

The country’s domestic material consumption (DMC) grew by over 4 percent last year, according to the Philippine Statistics Authority (PSA). Data from the PSA showed that DMC, which measures the total ...

THE PHILIPPINES’ current account deficit (CAD ... ANZ said it expects the country’s current account deficit to widen to 2.9% of gross domestic product (GDP) this year. “A wider CAD will help maintain ...

Only a handful of employees were seen standing at attention to the year’s last flag retreat at the center of the regional ...