Philippines economy

The government is hoping that the merger of DBP and the Land Bank of the Philippines will increase profitability, with a possible eye to supporting its embryonic sovereign wealth fund.

The pandemic may have waned, but its economic impact continues to reverberate on the nation's streets.

Transport groups oppose a government modernization plan that they say could threaten the country's iconic jeepney.

The massive free trade pact has faced opposition from agricultural groups, who fear it could open the country to a wave of imported produce.

Last year saw several Southeast Asian economies bounce back from the distortions and restrictions of the COVID-19 pandemic.

The country's economy has rebounded from its COVID-19 recession, posting a growth rate of 7.6 percent in 2022.

The economics of cement production, particularly in emerging markets, are closely entwined with both politics and climate policy.

In December, the staple vegetable was selling for more than the cost of chicken and beef.

The planned Maharlika Investment Fund has attracted controversy, with critics claiming that it is unnecessary and is open to abuse.

Such funds are usually set up in smallish commodity exporting nations that run large current account surpluses. The Philippines is neither of these.

Planners are banking on strong economic growth, reduced inflation, and a strengthening peso in 2023. But are these assumptions sound?