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1 week ago | 
fortune.com | Ditas Lopez |Neil Jerome Morales
Supporters take part in a mid-term election rally for a political alliance led by Philippines President Ferdinand 'Bongbong' Marcos Junior, in Cavite Province, Philippines, on March 21, 2025. Daniel Ceng—Anadolu via Getty Images)
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1 week ago | 
bloomberg.com | Ditas Lopez |Neil Jerome Morales
People wait for jeepneys along a road in Quezon City, Metro Manila, the Philippines, on Monday, May 5, 2025. The Philippines is scheduled to announce its gross domestic product (GDP) figures on May 8. Photographer: Geric Cruz/Bloomberg(Bloomberg) -- The Philippine economy expanded slower than expected in the first quarter, underscoring challenges for policymakers even before the Trump administration’s trade war rocked markets and hurt global sentiment.
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1 week ago | 
financialpost.com | Ditas Lopez |Neil Jerome Morales
Advertisement 1The Philippines’ May 12 midterm election is putting investors on alert for any changes to government policies, as the global trade war exposes weaknesses in one of Asia’s fastest-growing economies. Article content(Bloomberg) — The Philippines’ May 12 midterm election is putting investors on alert for any changes to government policies, as the global trade war exposes weaknesses in one of Asia’s fastest-growing economies.
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1 week ago | 
bloomberg.com | Ditas Lopez |Neil Jerome Morales
(Bloomberg) -- The Philippines’ May 12 midterm election is putting investors on alert for any changes to government policies, as the global trade war exposes weaknesses in one of Asia’s fastest-growing economies. The vote to pick 12 senators, more than 300 congressmen and nearly 18,000 local officials comes as policymakers seek to boost investment and consumption against the backdrop of a more challenging external environment.
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1 week ago | 
bloomberg.com | Ditas Lopez |Neil Jerome Morales
(Bloomberg) -- The Philippine central bank on Tuesday signaled further monetary easing ahead after inflation slowed to the lowest level since 2019, and warned of a “more challenging external environment.”Consumer prices rose 1.4% last month from a year earlier as rice costs continued to drop, the Philippine Statistics Authority said. That was the lowest rate since November 2019 and was below the 1.8% median estimate in a Bloomberg News survey.
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1 week ago | 
bloomberg.com | Neil Jerome Morales
(Bloomberg) -- A $3.5-billion subway project in the Philippines’ main financial hub is no longer feasible following an inter-city dispute, according to its developer on Friday. Philippine Infradev Holdings Inc. has initiated an arbitration to settle the shelved project, it said in a statement to the Philippine Stock Exchange. Its shares fell as much as 7.9% on Friday, after the bourse halted trading for an hour following its disclosure.
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1 week ago | 
flipboard.com | Neil Jerome Morales
17 hours agoUltra-processed foods are driving premature deaths. Here are the 4 common culpritsUltra-processed foods are getting a lot of attention. Research links them to cancer, heart disease, inflammation, cognitive decline, and diabetes. …10 hours agoTrump Crypto Corruption Intensifies as Abu Dhabi Firm Invests $2 BillionDonald Trump and his family continue to cash in on cryptocurrency from entities looking to curry influence with the president and his administration …
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2 weeks ago | 
bloomberg.com | Neil Jerome Morales
Sacks of rice inside a National Food Authority warehouse in Malolos town, Philippines. (Bloomberg) -- The Philippine government plans to sell some of its rice inventories at heavily subsidized prices in May as residents in the Asian archipelago turn out for midterm elections.
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2 weeks ago | 
marshallnewsmessenger.com | Neil Jerome Morales
The Philippines will offer to purchase more farm products from the U.S. as it pushes to reduce a 17% tariff rate imposed on the Southeast Asian nation’s goods, according to Trade Secretary Cristina Roque. Roque said she’s scheduled to meet with U.S. commerce and trade officials during an April 29 to May 2 trip to the U.S. with Frederick Go, special assistant to Philippine President Ferdinand Marcos Jr. for investment and economic affairs.
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2 weeks ago | 
bloomberg.com | Cliff Venzon |Neil Jerome Morales
Vehicles travel along EDSA highway in Mandaluyong City, the Philippines, Oct. 22, 2023. The Philippine central bank may raise its key interest rate as early as this week, according to central bank Governor Eli Remolona, in what may be viewed as a preemptive signal amid expectations of significant price gains.
