The Philippines lowered its growth target for this year and narrowed its growth goals for 2026 to 2028 to reflect global uncertainties stemming from tensions in the Middle East and shifts in U.S.

The Philippines economy is forecast to continue to grow rapidly, with total GDP doubling from USD 400 billion in 2022 to USD 800 billion in 2030.

Consequently, the outlook for the Philippines economy over the next decade is very favourable, with significant progress in economic development expected.

Headwinds coming from the US tariffs and the war in the Middle East prompted the Marcos administration to temper its growth ambition, highlighting the growing challenges for an economy that’s ...

Citi says PH inflation may ease to 1.7% in 2025, but growth remains sluggish due to weak exports, stalled manufacturing, and ...

By Mikhail Flores and Karen Lema MANILA (Reuters) -Philippine annual inflation quickened slightly in June, driven by ...

The Philippines economy posted robust growth in early 2010, in part due to large one-off factors. As did many countries in ...

The Philippine economy is poised for significant progress in 2025, propelled by a combination of its business-friendly policy reforms and its inherent strengths.

BusinessWorld forum tackles economic outlook, opportunities for 2024 By Bjorn Biel M. Beltran, Special Features and Content Assistant Editor The prominent theme for many global economic outlooks ...

The Philippines has been among the dynamically emerging markets in the region with its sound economic fundamentals and highly-skilled workforce. Various challenges to sustained and inclusive growth ...

MANILA (Reuters) - The Philippine economy is expected to grow more slowly than first thought this year after the country was hit by a series of typhoons but should be more robust in 2025 and 2026 ...

MANILA : The Philippines has narrowed its economic growth target for 2024 to a range of 6.0 per cent to 6.5 per cent, down from a top end of 7 per cent previously, and revised its outlook through ...