The Philippines may have missed even the lower end of its economic growth target last year due to the detrimental effects of the series of typhoons on the economy, Finance Secretary Ralph Recto said.
Recto: Philippines misses 2024 growth target
The Philippines may have missed even the lower end of its economic growth target last year due to the detrimental effects of the series of typhoons on the economy, Finance Secretary Ralph Recto said.
Finance chief sees inflation, not Fed pace, to shape rates
THE Philippines could reduce key policy rates more aggressively than the United States Federal Reserve (Fed), but the pace will hinge on inflation, according to Finance Secretary Ralph G. Recto. …
Philippines at risk from poverty, economic downturn – WEF
The biggest threats to the Philippines in the next two years are an economic downturn and poverty, according to the World Economic Forum.
Scores of Afghans have left for the US after their visas were processed in the Philippines
The U.S. Embassy in the Philippines says that nearly 200 Afghan nationals have been flown on to the United States after having their special immigration visas processed in the Philippines …
Divorce remains banned in Catholic-majority Philippines
Divorce remains illegal in Catholic-majority Philippines, the only place outside the Vatican where it is outlawed, contrary to claims that surfaced on Facebook and TikTok in January 2025. The posts misrepresented footage that showed the Southeast Asian archipelago’s lower house of Congress approving a divorce bill in May 2024.
Taiwan and Philippines try to figure out how to navigate the return of Donald Trump
Manila and Taipei, facing PLA confrontations, may need to depend less on the US and appeal to Trump’s transactional nature, analysts say.
Philippines, South Korea partner to promote digital transformation, innovation
The Philippines has partnered with South Korea to pursue digital transformation and innovation efforts to drive economic growth.
ASEAN and China must start tackling thorny issues of South China Sea code, Philippines says
The regional bloc ASEAN and China should make headway on a protracted code of conduct for the South China Sea by tackling thorny “milestone issues”, including its scope and if it can be legally …
JFC launches Singaporean bakery-café chain in Philippines
Jollibee Food Corp (JFC) has launched the Singaporean bakery-café chain Tiong Bahru Bakery in the Philippines. The brand’s inaugural international store is situated at Verve Residences Tower 2 in …