The Philippine peso fell to a record intraday low of ?63.15 per US dollar on October 15, amid oil price concerns, US inflation, and domestic economic pressures. Read more »
More Filipino families consider themselves poor, with 55% describing their households as mahirap in a September survey by Social Weather Stations (SWS). Read more »
ADB and S&P Global Ratings have lowered their economic growth forecasts for the Philippines, citing the prolonged impact of the Middle East crisis, weaker investments, and lingering price pressures. Read more »
The Philippines’ progress in reducing poverty is prompting calls for a stronger focus on the industries and investments that can create stable sources of income for Filipino households. Read more »
The Philippines recorded a sharp reduction in poverty as 8.8 million citizens moved above the official poverty line between 2021 and 2025, bringing national poverty incidence down from 18.1% to 9.7%. Read more »
Fuel price hikes keep triggering transport strikes in the Philippines, but the real problem runs deeper. Here's why the cycle keeps repeating. Read more »
