The Bangko Sentral ng Pilipinas maintains policy tightness as November inflation eases to 4.1%, citing persisting risks while focusing on a sustained downtrend for stability.
The Philippine aerospace sector anticipates growth through the Comprehensive Economic Partnership Agreement with Abu Dhabi, boosting exports and collaborations.
The Philippines and the United Arab Emirates joined forces to build data centers with 500 megawatts capacity, boosting digital infrastructure and economic growth.
Debt watcher S&P Global reaffirms the Philippines' 'BBB+' long-term and 'A-2' short-term sovereign credit ratings with a stable outlook, citing sustained economic recovery and a robust external position.
The country’s economic managers urge President Ferdinand R. Marcos Jr. to encourage local government units to expand their revenue sources and boost spending to support local and national growth.