Latest in GDP growthInfrastructure spending has surged from 1 to 2% of GDP to 5% or more under the Marcos administration, representing the single biggest driver of the Philippines’ above-average economic growth of 5.8% over the past four years, Finance Undersecretary Joven Balbosa said Saturday. Balbosa made the…
The Philippine economy grew at an average of 5.8% annually over the past four years under President Ferdinand Marcos Jr., more than double the global average of 2.5% to 3%, Finance Secretary Frederick Go said Saturday. Go made the disclosure in an interview on DZRH News program Special on Saturday…
Vietnam is in the grip of a construction frenzy unlike anything Southeast Asia has seen in a generation—and while Hanoi breaks ground on bullet trains, nuclear plants, and the world’s largest stadium, the Philippines is fighting a different kind of battle: keeping fuel affordable for ordinary…
The Philippines has implemented more policy measures to counter the global oil shock than any other economy in Southeast Asia, according to a report by the Asian Development Bank (ADB). The Manila-based multilateral lender’s latest brief showed the Philippines adopted 7 of 8 major policy…
While the country’s attention has been consumed by rising fuel prices, an economist is arguing that the Philippines walked into the oil crisis already in the grip of a more damaging emergency—one that has been quietly dragging economic growth to some of its lowest levels in recent history, and…
As the peso slides toward 62 to the dollar, an economist is pushing back against the instinct to treat currency weakness as a threat, arguing instead that a depreciated peso is one of the more reliable tools the Philippines has for generating jobs and reviving its long-stagnant export sector.…
Western Visayas recorded the fastest economic growth among all 18 regions in the Philippines in 2025, posting a gross regional domestic product expansion of 6.4 percent, according to data released Thursday, April 23, by the Philippine Statistics Authority (PSA). The PSA released its 2025 Regional…
Metro Manila fell below the national growth rate in 2025, posting a gross regional domestic product expansion of 4.35 percent against the country’s 4.4 percent, even as the region continued to lead the Philippine services sector with the largest share at 40.9 percent, data from the Philippine…
Bicol Region recorded the slowest economic growth among all 18 regions in the Philippines in 2025, posting a gross regional domestic product expansion of only 0.5 percent, according to data released Thursday, April 23, by the Philippine Statistics Authority (PSA). The PSA released its 2025…
Newly-appointed Finance Secretary Frederick Go sought to ease public worries about the economy, saying the Philippines’ core economic fundamentals remain intact despite concerns over corruption controversies and reduced government spending in the second half of 2025. In an interview on DZRH News’…
Batangas 1st District Rep. Leandro Leviste warned on Saturday, November 15, that the Philippines is experiencing its “worst economy” in many years, pointing to a steep loss of investor confidence that he said is now dragging down growth, weakening the peso, and pushing up consumer prices. Speaking…
The peso is weakening, prices are at risk of climbing, and jobs may soon be harder to find. As corruption scandals over multibillion-peso flood control projects spark widespread outrage, economist and former Social Welfare Undersecretary Prof. Emmanuel Leyco warns the Philippine economy could be…
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