Vegetable prices are soaring and a bottle of beer costs much more. Inflation rate in the ARMM is higher than the national average.
The groups 'echo the concerns of fiscal and economic experts about the ambiguous provisions on the division of revenue and expenditure responsibilities' under federalism
Socioeconomic Planning Secretary Ernesto Pernia says tightening of monetary policy by the Bangko Sentral ng Pilipinas 'will not directly address the supply side of inflation'
The Bangko Sentral ng Pilipinas says foreign direct investments in May stood at $1.6 billion
The Bangko Sentral ng Pilipinas sees 2018 full-year inflation hitting 4.9% and 2019 average inflation at 3.7%
Look more closely into rice cartels and smuggling, Socioeconomic Planning Secretary Ernesto Pernia urges the Department of Agriculture
(3rd UPDATE) The gross domestic product for the 2nd quarter of 2018 falls short of market expectations
'Major contributors to the downward revision were other services, manufacturing, and agriculture and forestry,' says the Philippine Statistics Authority
The Philippine Statistics Authority says the country posted a wider year-on-year trade deficit in June after imports rose to their fastest pace
Speaker Gloria Macapagal-Arroyo says the proposal was discussed with economic managers but the Department of Agriculture is against it
(UPDATED) Economists point to government agencies' inability to coordinate well as one of the main reasons why inflation accelerated further in July
(UPDATED) This is mainly due to prices of food and non-alcoholic beverages, which keep rising
Moody's Analytics says inflation is partly to blame for the slower gross domestic product growth
Speaker Gloria Macapagal-Arroyo pitches 5 solutions to temper high prices in a meeting with the country's economic managers
Data from Bloomberg News in intra-day trade on Friday, August 3, show Chinese stocks are worth $6.09 trillion, compared with $6.17 trillion in Japan. The US market is worth $31 trillion.
The Philippine Statistics Authority says inflation for the bottom 30% income households went up by 6.5% in the 2nd quarter of 2018
Economists of the Bangko Sentral ng Pilipinas attribute the expected spike to increases in electricity and water rates, jeepney fares, and prices of agricultural goods
Lemuel Magracia, former president of the Philippine Chamber of Commerce and Industry- Rizal says strengthening local governments will encourage good business competition among provinces
The International Monetary Fund expects the Philippines' gross domestic product to expand by 6.7% for 2018 and 2019, below the government's target of 7% to 8%
Moody's Investors Service says the country's 'relatively weak rule of law' and the possible shift to federalism could drag down the economy
President Rodrigo Duterte spits curses and blasphemes, yet the economy remains rosy. The question is, how much noise can businesses take?
The National Economic and Development Authority has identified 75 flagship projects under the government’s Build, Build Build program. Only 7 have started construction in 2018.
'[The] momentum of infrastructure improvement in the regions is going to be disrupted,' Socioeconomic Planning Secretary Ernesto Pernia says
First Metro Investment Corporation president Rabboni Francis Arjonillo says the country's gross domestic product may meet or even surpass the government's target of 7% in 2018
While the Financial Stability Board believes crypto-assets do not yet pose a material risk to global financial stability, it urges major economies to scrutinize cryptocurrencies due to a lack of solid data on their use
Overseas Filipino workers have sent $13.2 billion year-to-date, according to the Bangko Sentral ng Pilipinas
(UPDATED) Economists from the University of Asia and the Pacific warn that sky-high inflation may happen to the Philippines should it shift to federalism
The Philippines remains in the 73rd spot in the 2018 Global Innovation Index, but several indicators reveal problems in business, education, and political climate
Despite the year-on-year dip, the central bank is optimistic due to 'favorable investor sentiment'
The Philippine Statistics Authority says the country's imports further increased by 11.4%, while exports slumped by 3.8%
The dip in Philippine competitiveness ranking, missing the 2017 labor target, and slow implementation of infrastructure projects are left out during the 'Tatak ng Pagbabago: Tatak ng Pag-unlad' forum
UP professor Emmanuel de Dios likens the Philippines' economic managers to the suspects in Agatha Christie's 'Murder on the Orient Express' – they're all 'guilty'
(UPDATED) Beijing has vowed to retaliate dollar-for-dollar, 'immediately' imposing counter-tariffs on American exports
(5TH UPDATE) Inflation climbs to another fresh high, exceeding market expectations and government forecasts
The government previously pegged inflation at just within 2% to 4%, but prices keep rising. Meanwhile, the deficit forecast is also raised to 'sustain the momentum of the Build, Build, Build program.'
The Bangko Sentral ng Pilipinas says the elevated prices of rice, some agricultural goods, and liquefied petroleum gas may have pushed inflation upward
The National Economic and Development Authority also says over a million jobs will be generated every year because of the government's Build, Build, Build program
BMI Research says 'the Philippine peso continues to be the worst performing currency in the region, having weakened by more than 7% against the US dollar year-to-date'
First Metro Investment Corporation and the University of Asia & the Pacific say the answer depends on the factors driving the peso's weakness
'A string of inflammatory comments and policy changes by [President Rodrigo] Duterte have raised concerns in the minds of investors,' says London-based research consultancy firm Capital Economics
Saudi Arabia, backed by non-member Russia, has argued that it is time to raise production in order to meet growing demand and appease major consumer countries like the US, India and China
The Bangko Sentral ng Pilipinas implements back-to-back rate hikes as 'inflation expectations remain elevated for 2018'
Finance Secretary Carlos Dominguez III previously said the samurai bond sale will happen sometime in the 3rd or 4th quarter of the year
The Bangko Sentral ng Pilipinas says remittances sent through banks grew by 12.7% year-on-year, but were lower by 0.4% from March 2018
The Philippine Stock Exchange is down 2.5% on Monday, June 18, as the United States and China move closer to a trade war
A weakening peso is symptomatic of other things happening in the economy. Most importantly, it suggests we are increasingly becoming a net borrower from the rest of the world, owing to our colossal import bill boosted by Duterte’s 'Build, Build, Build'.
BSP Governor Nestor Espenilla Jr says net repayments which amounted to $3.4 billion mitigated upward pressures
Vice President Leni Robredo says the government should address speculation about the weakening Philippine peso, especially as this affects both businesses and ordinary people
Imposing the tariffs would escalate the trade confrontation with Beijing, and potentially set off a round of tit-for-tat retaliation, which economists warn would damage the global economy
The peso closes at P53.23 to $1, its weakest level since June 2006