In its latest Philippine Economic Update, the World Bank said it revised downward the growth forecast for the country to 5.9 percent this year from the earlier forecast of six percent.

Philippine economic growth is expected to accelerate this year and in 2026, making the country one of the strongest ...

This was among the messages of the World Bank’s Philippines Economic Update December 2024 ... Other recommendations cited in the report include harmonizing the roles of national and local ...

Philippine banks are set to launch the PHPX stablecoin on Hedera DLT for seamless remittances and cross-border payments in ...

MANILA, Philippines — The World Bank gave the Philippines a “very satisfactory rating” in the implementation of the P34-billion World Bank and European Union-funded projects under the ...

THE PHILIPPINE central bank still has room to continue cutting interest rates, its top offi cial said.

The Philippine central bank cut its policy rate for the third time this year, as widely expected given that inflation is on target and economic growth has slowed. Bangko Sentral ng Pilipinas Gov.

The Philippine central bank cut its policy rate for the third time this year, as widely expected given low inflation and slowing economic growth, and signaled that the door to further easing ...

All 24 economists expect the Philippines central bank to cut rates by 25 bps to 5.75% on Dec. 19 BENGALURU, Dec 17 (Reuters) - The Philippine central bank will cut its key policy rate by a quarter ...