Moody’s affirms the Philippines’ ‘Baa2’ rating
Moody's kept the Philippines at investment-grade Baa2 with a stable outlook, expecting a growth recovery to steady the country's finances.
Philippine Inflation Jumps to 7.2 Percent as Food and Fuel Costs Climb
Consumer prices in the Philippines rose 7.2 percent in September from a year earlier, led by rice, vegetables, and fuel, the Philippine Statistics Authority said.
AMRO Lowers Philippine Growth Outlook to 3.3 Percent as Public Spending Stalls
The Asean+3 Macroeconomic Research Office now expects the Philippine economy to grow 3.3 percent in 2026, below the government's target and the Southeast Asian average.
Toshiba Plans Larger Hard Drive Operation in the Philippines, Eyeing 3,000 New Jobs
Toshiba wants to grow its Philippine hard disk drive manufacturing to meet storage demand from AI and cloud computing, a move Malacañang says could add 3,000 jobs.
Cesar Virata, Former Prime Minister and Longtime RCBC Vice Chair, Dies at 95
Cesar E.A. Virata, who served as prime minister from 1981 to 1986 and as finance chief for 16 years, has died. He was corporate vice chairperson of RCBC.
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