Tag: ASEAN+3
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Philippine Economy: Stability Amid Policy Shifts Needed
The Current State of the Philippine Economy The Philippine economy continues to grow steadily, with projections of 5.6% growth in 2025 and 5.5% in 2026. This growth is largely driven by strong domestic consumption and a stable labor market, despite lingering impacts from the COVID-19 pandemic and external headwinds such as global trade tensions. Recent…
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Philippine Economy: Steady Growth and Necessary Policy Shifts
Overview of the Philippine Economy As of September 2025, the Philippine economy is experiencing steady growth, albeit at a slower pace than the pre-COVID era. This consistent performance is largely fueled by strong domestic consumption and a stable labor market. Notably, inflation rates have eased, falling below the central bank’s target, which has contributed to…