All coverage of Philippines, ranked by recency.
Inflation top public concern; 81% disapprove of Marcos’ handling of prices, survey shows The Manila Times
Thailand rights groups decry IMF austerity demand The Manila Times
US budget deficit grows to nearly $2 trillion The Manila Times
LANTAPAN, Bukidnon — The ube harvest of local farmers here, who are mostly members of the Talaandig indigenous tribe, is set to enter the United States market after they secured a five-year contract to supply the increasingly globally popular purple yam for export. The contract was formalized last October 5 at the Northern Mindanao Agricultural
TACLOBAN CITY — Northern Samar posted the highest economic growth rate in Eastern Visayas in 2025, with its economy expanding by 4.6% from 3.4% in the previous year, according to the Philippine Statistics Authority (PSA) regional office. The PSA- 8 released the latest Provincial Product Accounts (PPA) on Oct. 15, showing Northern Samar outperforming the
MANILA, Philippines—The Land Transportation Office (LTO) impounded an imported electric vehicle (EV) in Quezon City on Friday. The apprehension comes after its driver was caught using a fake license. The motorist also failed to present the vehicle’s registration documents. The vehicle was also found to be on the road without a license plate. The unit
Rising prices and a persistently weaker peso are actively squeezing household budgets across the country, creating a quiet but mounting financial strain. Alongside these pressures, there is growing evidence of trouble with credit-card repayments which raises a difficult and urgent question: how much of today’s consumer spending can families afford without compromising their future financial sta...
MALAYBALAY CITY, Bukidnon — The poorest households in Bukidnon province struggled with a 9.5-percent inflation in September, up from 8.0 percent in August, driven mainly by rising food prices—particularly rice and corn. Data released by the Philippine Statistics Authority (PSA) on October 12 showed that the average inflation rate for the province’s bottom 30% income households
PH rice imports jump 20% ahead of El Niño The Manila Times
BAGUIO CITY – The indigenous communities of the Cordillera were staggered last month by steep food and fuel prices that raised the inflation rate in the region to 8.2 percent in September, from the 6.8-percent rate since July, the Philippine Statistics Authority (PSA) said during an economic briefing on Thursday (October 15). This is the
More than a third of Filipinos want the national government to focus on lowering food prices as inflation accelerated to a three-year high in September, according to a new Pulse Asia survey commissioned by the Stratbase Group. The survey, released on Friday and covering 2,400 respondents nationwide from Sept. 17 to 23, showed that 35% of Filipinos said the Philippine government should prioritiz...
The Philippine Business for Social Progress (PBSP) said on Friday that the looming “Super El Niño” could worsen the country’s poverty rate as farmers and fishermen face growing livelihood risks from extreme heat and reduced rainfall. “Our [agriculture], fishery, forestry (AFF) sector will be devastated. Actually, the entire economy will be devastated, but more so with the AFF sector,” PBSP Exec...
NIPPON EXPRESS HOLDINGS Acquires All Shares of Metro Supply Chain Group The Manila Times
AYALA Corp. Chairman Jaime Augusto Zobel de Ayala (JAZA) has called for greater cooperation among businesses and other sectors to address gaps in the Philippines’ investment climate as global companies diversify their supply chains. Speaking at the Makati Business Club’s (MBC) 45th anniversary celebration on Thursday, he said businesses should look beyond competition for individual investments ...
Mortgage Rates Hold Steady at 7.40% The Manila Times
By Justine Irish D. Tabile, Senior Reporter THE PHILIPPINE economy’s recovery next year will hinge on a rebound in public investment, although prolonged energy price shocks and climate-related disruptions such as the “Super El Niño” could derail growth, the World Bank said. In an exclusive interview with Busi nessWorld , World Bank Senior Country Economist for the Philippines Jaffar Al-Rikabi s...
By Aaron Michael C. Sy, Reporter THE PHILIPPINE PESO breached the P63-per-US-dollar level for the first time on Thursday, as hot US inflation data bolstered bets that the US Federal Reserve could keep rates higher for longer. The currency fell by 19 centavos to close at P63.06 versus the greenback from its P62.87 finish on Wednesday, Bankers Association of the Philippines data showed. This brok...
THE Philippine Competition Commission (PCC) said it imposed a record fi ne of P1.76 billion on onion traders found to have operated a cartel that brought prices to as high as P800 per kilo in late 2022. In a brie fi ng on Thursday, PCC Executive Director Kenneth V. Tanate said the traders had cornered nearly 50% of all approved import clearances for red and yellow onions. The traders were found...
THE Bureau of Internal Revenue (BIR) said it imposed a burden-sharing rule on companies in the drug supply chain, allowing these fi rms to claim tax deductions only on their share of the foregone revenue. Revenue Regulations (RR) No. 7-2026 amends the 2010 implementing rules on the sharing of discount costs among pharmaceutical retailers, manufacturers, distributors and wholesalers. “RR No. 07-...
THE Department of Finance (DoF) and the World Bank (WB)have agreed to shorten processing times on Philippine financing applications. “The DoF and the World Bank agreed to collaborate in shortening the processing timelines between the two institutions, to hasten financing support for development projects in the country,” the DoF said in a social media post on Thursday. Finance Secretary Frederic...
MANILA, Philippines – Senate President Sherwin Gatchalian on Thursday raised concerns on the forthcoming increase in Meralco’s electricity rates amid a surge in inflation. Meralco recently announced that electricity rates in October will be at P15.0615 per kilowatt-hour (kWh), which is a P0.3191 per kWh increase from September’s P14.7424 per kWh, citing elevated fuel costs.
MANILA, Philippines — Filipinos remain most concerned about the need to control inflation, followed by fighting graft and corruption in government, according to Pulse Asia Research’s September 2026 Ulat ng Bayan survey. The survey was conducted from Sept. 17 to 24 through face-to-face interviews with 2,400 representative adults aged 18 and above. It has a margin
September’s 7.2% inflation rate was bad enough on its own. For businesses, the bigger concern is that price pressures could spread beyond the food and fuel shocks that first pushed inflation higher. Seasonally adjusted inflation accelerated to 1.1% month on month in September from 0.5% in August. In what National Statistician Dennis Mapa described as a relatively “rare” broad increase, 11 of 13...
Trump sticks with tariffs even as US voters turn against them before the midterms The Manila Times