Philippines GDP Slowdown Shifts Central Bank Rate Outlook
Second-quarter growth of 2.3 percent reduces immediate pressure for August hike, though BSP keeps all options open as core inflation holds at 4.4 percent
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Second-quarter growth of 2.3 percent reduces immediate pressure for August hike, though BSP keeps all options open as core inflation holds at 4.4 percent

Frozen infrastructure spending, rising unemployment, and persistent inflation combine to stall Southeast Asia's once-buoyant consumption engine

Philippine equities recovered late in Friday's session after investors absorbed a 2.3 percent GDP print, with property counters lifting the benchmark index.

National debt reached 66 percent of GDP in June, constraining fiscal space as growth slows and borrowing costs remain elevated

Manufacturing and transport sectors saw upward adjustments in first-quarter performance as statistical agency refines economic estimates ahead of Q2 release

Malaysian currency strengthened to 4.08 per dollar as softer US growth figures and cooling inflation signal Federal Reserve may hold rates steady

Employee compensation climbed 5.8 percent in 2025, exceeding GDP expansion and lifting labor's share of national income to a three-decade high