Topic
philippine-economy
3 stories related to this topic, newest first.
Rapplerworld46 days ago
Philippine GDP Growth Slows to 2.8 Percent in Q1 2026
The Philippine Statistics Authority reported that the country's gross domestic product grew 2.8 percent in the first quarter of 2026. This marks the weakest performance since the COVID-19 pandemic and falls below both government targets and analyst expectations.
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investopedia.comfinance54 days ago
Philippine Peso Ends at 61.402 per USD After BSP Rate Hike on April 29, 2026
The Philippine peso reached a new record low of 61.402 per U.S. dollar on April 29, 2026, declining 0.6% amid strong dollar demand. The benchmark stock index fell 0.58% to its weakest close in over five months. Trading volume and foreign outflows increased as markets extended a f…
FI
ecns.cnfinance60 days ago
Philippine Central Bank Raises Key Interest Rate to 4.5% Amid Middle East Conflict
The Bangko Sentral ng Pilipinas increased its policy rate by 0.25 percentage points to 4.5% on April 23, 2026, citing the impact of the Middle East crisis on inflation. This marks the first rate hike in two years, following a rise in March inflation to 4.1%. The central bank also…