Philippines pursues reforms for economic resilience and growth
The Philippine government is implementing reforms to strengthen economic resilience and sustain inclusive growth amid global uncertainties, DepDev Secretary Arsenio Balisacan said.
Category : Economic Indicators
Industrial policy implementation to boost PH economy
A business group executive says full implementation of industrial policy measures will strengthen the Philippine economy as the Strait of Hormuz reopens after a US-Iran peace deal.
Lapu-Lapu, Mandaue tie for highest Cebu inflation at 9.7%
Lapu-Lapu and Mandaue cities recorded a 9.7% inflation rate in May 2026, the highest among Cebu's three highly urbanized cities. Cebu City had 9.1%, and Central Visayas led the nation at 10.8% for the 10th straight month.
CuUnjieng: PH needs infrastructure, manufacturing boost
Stephen CuUnjieng says the Philippines must break underinvestment cycle, rebuild manufacturing, and invest in infrastructure and education for sustainable growth.
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DOTr, Cebu Launch Tabang PangByahe Bus Program
The DOTr and Cebu Province launch the Tabang PangByahe program, allocating P20 million to subsidize bus operations and ensure regular trips despite high fuel costs.
SUV Driver in HPG Hit-and-Run Surrenders to Police
The driver of an SUV involved in a hit-and-run that injured an HPG officer on SLEX has surrendered. The 21-year-old Filipino-Indian cited panic after accidentally hitting the officer.
PH needs $15-20B FDI yearly to achieve 8% growth: economists
Economists from UA&P say the Philippines must attract $15-20 billion in annual FDI, matching Vietnam, to sustain 8% economic growth and reach first-world status.
Philippine Inflation Eases to 6.8% in May 2026
Philippine inflation slowed to 6.8% in May 2026 from 7.2% in April, driven by lower transport and food costs, but rice and electricity prices remain high, keeping pressure on households.
Philippines Inflation Eases to 6.8% in May
Philippine inflation slowed to 6.8% in May from 7.2%, driven by lower transport costs and government interventions, despite elevated global oil prices.
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Central Visayas Unemployment Rises to 3.8% in 2025
Central Visayas unemployment rose to 3.8% in 2025, with 115,000 jobless. Skills mismatch and disasters cited. Youth employment fell to 88.3%.
Davao Region Unemployment Falls to 2.9% in 2025
Davao Region's unemployment rate fell to 2.9% in 2025, with employment rising to 97.1%. Over 200 job seekers were hired on the spot during the Labor Day job fair.
Philippine Business Confidence Falls on Middle East Worries
Philippine businesses grew more pessimistic in April as the Middle East conflict raised concerns about inflation, costs, and spending. The confidence index fell to -35.8%.
PH Business Confidence at Record Low in April
BSP survey shows business confidence fell to negative 35.8% in April due to Middle East conflict, high oil prices, and inflation, though outlook improved.
CAB Lowers Fuel Surcharge to Level 13 for June 1-15
The Civil Aeronautics Board reduces fuel surcharge from Level 15 to Level 13, effective June 1-15, 2026, providing slight relief for passengers.
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Inflation's Toll on Students: Daily Struggles and Sacrifices
A student shares how inflation affects daily life, from commuting to meals, highlighting the financial and mental toll on learners.
Davao City Lowest Inflation in Davao Region April 2026
Davao City recorded a 7.0% inflation rate in April 2026, the lowest in Davao Region, despite surging fuel prices and rising costs of basic commodities due to the global oil crisis.
Rising Cost of Living Erodes Dignity of Filipinos
A student writer argues that inflation in the Philippines goes beyond numbers, stripping away people's dignity and widening the gap between rich and poor.
BSP Urges Firms to Adopt Pera Retirement Program
The Bangko Sentral ng Pilipinas encourages businesses to adopt the Pera retirement savings program, offering tax deductions of up to 150% to boost employee retirement funds.
PBBM: Stronger Economy via Aggressive Investor Drive
President Ferdinand Marcos Jr. is confident the economy will strengthen through aggressive investments, new incentives, and support for MSMEs to counter stagflation and global oil crisis.
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Inflation and Rising Costs in the Philippines
Join us LIVE on Beyond the Headlines as we discuss inflation, economic slowdown, and global conflicts' impact on Filipinos with expert Philip Tan.
Central Visayas Foreign Investment Surges 35.3% in Q1
Foreign investment approvals in Central Visayas rose 35.3% to P455.27 million in Q1 2026, but total investments dipped 1.3% amid weaker national commitments.
Cebu Must Shift from Growth to Real Economic Transformation
Cebu faces a critical challenge: moving beyond rapid but uneven growth toward genuine economic transformation through deeper capabilities and balanced regional development.
ADB Commits $1.75B to Help Philippines Weather Crisis
The Asian Development Bank pledges $1.75 billion in additional financing to support the Philippines amid economic shocks from the Middle East conflict.
MIC, Petron Sign P15-B Credit Facility for Fuel Security
The Maharlika Investment Corp. signed a P15-billion credit facility with Petron Corp. to boost fuel security, enabling Petron to increase crude oil inventory and manage fuel procurement.
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Davao Region Inflation Hits 8.9% in April 2026
Inflation in Davao Region accelerated to 8.9% in April 2026, driven by soaring transport fares and rising food prices, exceeding the national rate of 7.2%.
Cebu Inflation Hits 12.9% in April: Food and Transport Lead
Cebu province inflation rose to 12.9% in April 2026, driven by food, transport, and utilities. Food inflation hit 17.5%, with fish and vegetables surging. Lapu-Lapu City had the highest city rate at 11.4%.
Filipino Optimism Drops as Prices Rise
SWS survey shows net personal optimism fell to +23 in March 2026, the lowest since September 2020, as high inflation and low incomes strain Filipino households.
Philippine FDI Net Inflows Rise to $590M in Feb 2026
Philippine FDI net inflows reached $590 million in February 2026, up from January but down year-on-year. US remained top source. BSP projects $7.5B for 2026.
Inflation Crisis: A Call for Lasting Solutions in PH
Inflation in the Philippines continues to burden Filipinos as prices of basic goods, fuel, and transport rise. A call for sustainable government action.
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PH Financial System Resilient in H2 2025
The Philippine financial system showed resilience in H2 2025, with banks' assets up 8.9% to P29.9T. Deposits and lending grew, while NPL ratio stayed manageable at 3.1%.
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