The country’s unemployment rate dropped to 4.5 percent in April 2023 from 5.7 percent a year ago and 4.7 percent in March 2023 as more...

The inter-agency Development Budget Coordinating Committee on Friday kept the 2023 gross domestic product growth forecast at 6 percent to 7 percent on continued resilience...

State-run Land Bank of the Philippines welcomed the recent upgrade on its outlook to stable by global credit watcher Fitch Ratings, saying it is a...

Trade deficit fell in April from a year ago, on lower prices of global commodities, the Philippine Statistics Authority said Friday. Data showed the trade...

The Bangko Sentral ng Pilipinas on Thursday reduced the reserve requirement ratio of universal and commercial banks by 250 basis points to free up more...

State-run Development of the Bank of the Philippines offered to provide credit assistance to water districts, local government units and water utility firms to expand...

Factory output grew faster in April as the continued slowdown in inflation triggered more production activities. Latest data from the Philippine Statistics Authority showed that...

The World Bank on Wednesday raises its 2023 growth projection for the Philippines to 6.0 percent from 5.6 percent on robust consumer spending amid the...

Key interest rates are expected to remain untouched in the next policy meeting of the Bangko Sentral ng Pilipinas this month on continued slowdown in...

The Philippines’ gross international reserves declined to $101.3 billion as of end-May 2023 from $101.8 billion in April as the government settled some of its...