The Philippine economy has demonstrated remarkable resilience in the face of global headwinds. With projected GDP growth 5-6 percent in 2026 — above the global average — and a young, dynamic population, the country remains one of Southeast Asia’s most promising investment destinations and an indispensable partner for Europe.
European investors aim to strengthen EU-PH ties
The European Chamber of Commerce of the Philippines (ECCP) ushered in the new year with a New Year’s reception attended by more than 300 executives, diplomats, policymakers and business leaders.
Government budget utilization slows to 42% as of end-January
Government agencies recorded a budget utilization rate of 42.2% in January, down from 78% a year earlier, the Department of Budget and Management (DBM) said.
Poll: Inflation likely picked up in Feb.
Philippine inflation may have hit its fastest pace in over a year as price pressures from higher costs of electricity, oil and rice pushed up the headline print in February, analysts said.
DoE narrows down potential sites for nuclear energy projects
The Department of Energy (DoE) has identified four potential sites in Luzon and Visayas that may house the country’s planned nuclear power projects, an official said.
BofA: Slowing demand to hit Philippines growth
The Philippine economy is expected to grow below its long-term potential over the next two years as weak domestic demand, slowing private consumption and softer investment continue to weigh on activity, according to Bank of America (BofA) Global Research.
Philippines secures $4.13M World Bank grant for MSME, digital projects
The Philippines has secured more than $4 million in grants from the World Bank to fund projects for small businesses, digital infrastructure, and climate-resilient agriculture.