The Philippine government is materially slowing the pace of its fiscal consolidation efforts in response to weakening economic growth, according to Nomura Global Markets Research.

The latest round of tariffs announced by the United States has again cast a shadow over the Asia-Pacific's economic outlook as the trade-reliant region has had to grapple with export duties of as much ...

Rising trade tensions, global policy uncertainty, and regional conflicts are presenting challenges to economies in the Middle East and North Africa and Caucasus and Central Asia regions. Policymakers ...

The Philippines is expecting a weaker external position than it previously expected for this year, as a large import bill and ...

THE country’s balance of payments (BOP) will end this year and 2028 in deficit amid increased external uncertainties, the ...

The Bangko Sentral ng Pilipinas (BSP) has revised its current account deficit forecast for 2025 to 3.3% of GDP, down from its earlier estimate of 3.9%, and expects it to narrow further to 2.5% in 2026 ...

MANILA (Reuters) -The Philippine central bank is forecasting the country's current account deficit to narrow to 3.3% of gross ...

MANILA, Philippines - Headwinds coming from the US tariffs and the war in the Middle East prompted the Marcos administration to temper its growth ambition, highlighting the growing challenges for an ...

Nike said Thursday it would cut its reliance on production in China to mitigate the impact from US tariffs on imports, and forecast a smaller drop in first-quarter revenue than expected by ...

MANILA, Philippines – The Philippine government on Thursday, June 26, announced it cut its economic growth targets amid what it described as evolving global developments.

Investing.com -- The Philippines has revised its growth target for 2025 to a range of 5.5% to 6.5%, a reduction from the previous target of 6.0% to 8.0%, Budget Secretary Amenah Pangandaman announced ...

New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in three years.