
Philippine Economy May See Delayed Recovery Until 2027 - BMI
The Philippine economy may have to wait until 2027 for a meaningful growth recovery, with weak momentum from 2024 expected to spill into 2025 and limit the pace of the rebound, according to BMI. The unit of Fitch Solutions has also lowered its 2026 growth forecast.
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
- Philippines Boosts Palay Buying Price to P30/kg, Farmers May Earn Up to P8/kg Profit
The Philippines' National Food Authority (NFA) has raised its buying price for palay (unhusked rice) to P30 per kilogram, aiming to ensure farmers can earn up to P8 per kilogram in profit after production costs. The move seeks to boost farmer incomes, though its broader market influence is also being discussed.
- Peso appreciation vs US dollar possible before end of 2026: economist
A prominent Philippine economist has projected that the Philippine peso could appreciate against the US dollar by the end of 2026, citing potential domestic economic stability and shifts in the international landscape.
- Bacolod City Police Destroy P38.78M in Contraband Cigarettes
Bacolod City, Philippines – Authorities have destroyed an estimated P38.78 million worth of suspected illicit and untaxed cigarettes, a move aimed at curbing illegal tobacco trade in the region.
- BSP Maintains 3% Monthly Interest Rate Cap on Credit Cards
The Bangko Sentral ng Pilipinas (BSP) announced it will maintain the 3% monthly interest rate cap on credit card transactions. This measure, initially introduced as a pandemic relief, aims to balance borrower protection with flexibility for lenders.