economy

PSEi holds 6,000 level as investors track US-Iran talks

Local stocks inched higher on Friday, with the benchmark index holding above the 6,000 level…

S&P’s lower Philippine outlook not a surprise–Nomura

The decision of S&P Global Ratings to downgrade the Philippine sovereign’s outlook to “stable” came…

ADB cuts 2026 PH GDP growth forecast to 4.4%

The Philippines may grow below the regional average this year amid the war in the…

S&P downgrades PH outlook to ‘stable’

The Marcos administration’s bid to secure the Philippines’ first-ever “A” credit rating has weakened after…

Puregold aims to grow faster than local economy

Grocery chain operator Puregold Price Club Inc. plans to open 30 new Puregold stores in…

Iran war fallout: PH foreign reserves fall to 7-month low

The Philippines’ foreign reserves fell to a seven-month low in March, as market turbulence linked…

Peso firms up to 59:$1 as markets cheer temporary Mideast truce

The Philippine peso strengthened to the 59-per-dollar level on Wednesday, posting its largest gain in…

WB slashes PH 2026 growth forecast to 3.7%

Philippine economic growth could potentially slow to its weakest pace in nearly two decades this…

Gov’t budget gap narrowed in February

The national government’s budget deficit narrowed marginally in February as early dividend remittances boosted revenues…

Iran conflict, oil surge deepen PH risk exposure

The war in Iran and the oil price shock it unleashed have underscored the Philippines’…