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, 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.

The government’s economic committee has also adjusted its inflation outlook for 2025, lowering the expected range to 2% to 3% from the previous estimate of 2% to 4%. The inflation outlook for 2026 to ...