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Stay current with all the latest and breaking news about Philippines Economy, compare headlines and perspectives between news sources on stories happening today. In total, 792stories have been published about Philippines Economy which Ground News has aggregated in the past 3 months.
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Ferdinand Marcos Jr. · PhilippinesPhilippine President Ferdinand Marcos Jnr delivered his shortest State of the Nation address (Sona) to date on Monday, as he mostly sidestepped foreign policy issues and used the occasion to launch a blistering attack on public infrastructure corruption.
During the speech, which lasted an hour and 10 minutes, Marcos Jnr made no mention of China and referred to the United States only in passing.
The focus on corruption and a lack of insight into …See the Story
‘You Should Be Ashamed’: Marcos Jnr Blasts Corrupt Officials in Annual Address
42% Left coverage: 12 sources
Inflation · ManilaBy Luisa Maria Jacinta C. Jocson, Senior Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) on Thursday said it expects headline inflation to settle below 2% in July. The central bank’s month-ahead forecast showed that inflation likely fell within the 0.5%-to-1.3% range in July. If realized, July inflation would be slower than the 1.4% print in June and the 4.4% clip a year ago. “Upward price pressures for the month are likely to be driven by higher…See the Story
BSP Sees July Inflation Settling at 0.5% to 1.3% - BusinessWorld Online
50% Left coverage: 4 sources
Business · ManilaTHE PESO plummeted to the P58 level on Thursday, hitting a near six-month low versus the greenback, following hawkish comments from US Federal Reserve Chair Jerome H. Powell that dampened hopes for a September rate cut. The local unit plunged by 74 centavos to close at P58.32 against the dollar from its P57.58 finish on Wednesday, Bankers Association of the Philippines data showed. This was the peso’s weakest close in nearly six months or since …See the Story
Peso Sinks to P58 Level on Hawkish Fed - BusinessWorld Online
34% Center coverage: 3 sources
