IMF lowers Philippine growth forecasts for 2025 and 2026
The Philippine economy is seen to grow below target until next year, as higher US tariffs dampened exports and investments, the International Monetary Fund (IMF) said on Monday.
ERC approves feed-in tariff adjustments
Eligible renewable energy (RE) plants will be entitled to receive additional incentives starting next year as the Energy Regulatory Commission (ERC) approved long-delayed adjustments in the feed-in tariffs (FIT).
Govt economic team maps steps to support peso, ease inflation pressures
The government’s economic team, including the central bank, is preparing contingency measures to support the peso, sustain low inflation, and address infrastructure and regulatory bottlenecks that hinder economic growth, Malacañang said on Monday.
Palace, DA push agri reforms for long-term job creation
The Marcos administration is moving to consolidate recent gains in the agriculture sector while pursuing long-term reforms aimed at turning seasonal farm work into stable employment, Malacañang and the Department of Agriculture (DA) said on Monday.
Bulacan airport advancing in line with international standards
Diversified conglomerate San Miguel Corp. (SMC) is advancing with the land development works for the New Manila International Airport (NMIA) project in Bulacan, with development guided by international standards and supported by experienced global partners.
October remittance growth slowest in five months
Money sent home by Filipinos abroad grew by 3% year on year in October, the slowest pace in five months, the Bangko Sentral ng Pilipinas (BSP) said on Monday.
Inflation risks may limit BSP easing
Emerging risks to inflation may limit the Philippine central bank’s ability to ease further in 2026 despite an expected economic slowdown, analysts said.
DTI launches Bagong Pilipinas MSME Hub
The flagship hub marks a major milestone in the government’s broader strategy to strengthen the country’s MSME ecosystem through enhanced innovation, wider market access and deeper integration into national value chains.
PHL emerges as top source market for ASPAC travel
The Philippines is becoming a strong contender as a source market for tourists within the Asia-Pacific region, and specifically, Southeast Asia.
Philippines lags behind SEA peers in digital government readiness
The Philippines continues to trail several of its Southeast Asian peers in digital government readiness, reflecting uneven progress in the country’s push to modernize public services through technology.
2 offshore wind ports completed by 2027
Two priority ports critical to advancing offshore wind projects are expected to be fully operational within the next two years, according to a senior energy official.