
Manila Maintains Trillion-Peso Economy Driven by Services Sector Growth
Manila's Gross Domestic Product (GDP) reached P1.06 trillion in 2025, positioning the capital as the third city in the Philippines to achieve a trillion-peso economy, according to the Philippine Statistics Authority (PSA). The services sector dominates the economy, with transportation and storage, human health and social work, and education showing significant growth.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Philippine Exports Poised to Exceed $100B Driven by Electronics and Minerals
Philippine goods exports are projected to surpass $100 billion this year, propelled by robust demand for electronics and minerals, according to the Philippine Exporters Confederation, Inc. (Philexport). This marks a potential record high.
- Philippine Peso Hits New Record Low of 62.90 to the Dollar
The Philippine peso fell to a new record low on Thursday, closing at 62.90 to the US dollar. Expectations of higher US interest rates strengthened the dollar, accelerating the peso's depreciation to a new all-time low, surpassing the previous record of 62.86 set on September 14.
- PH Growth Seen Below 3% Amid Weak Demand, Inflation
Philippine economic growth is projected to fall below President Marcos' target, likely under 3%, due to weak domestic demand and persistent inflation, according to Bank of America. The central bank is expected to prioritize inflation control over growth support.
- Figaro Culinary to delist from PSE via minority buyout
Figaro Culinary Group Inc. is seeking to delist from the Philippine Stock Exchange (PSE) as its subsidiary, Figaro Coffee Systems Inc. (FCSI), plans to buy out minority shareholders at P0.82 per share.