MANILA, May 12 - Unemployment in the Philippines has risen to a record 34.2 percent of the adult population, or an estimated 14 million, in the first three months of 2009, the country's leading pollster...
MANILA, May 10 - The death toll from floods and mudslides triggered by a typhoon in the northern Philippines has more than doubled to 36, with 12 people still missing, the government said on Sunday....
MANILA, May 6 - The Philippines could put its credit rating at risk if fiscal imbalances are not addressed once the economy starts to recover from the blows of the global downturn, Fitch Ratings said...
MANILA, May 5 - The Philippine economy may have seen the worst of the current downturn and annual changes in consumer prices could hit zero percent in July or August, a senior government official said...
NUSA DUA, Indonesia, May 5 - Philippine first-quarter gross domestic product likely grew 2-3 percent from a year earlier, Finance Secretary Margarito Teves said on Tuesday. "That is the information we have been getting from...
MANILA, May 5 - Philippine annual inflation slowed to 4.8 percent in April, broadling in line with market estimates, as prices of nearly all commodity groups fell from last year's bloated levels, the statistics office...
MANILA, May 4 - Philippine inflation will fall below 1 percent in June mainly due to a high base in the same period of 2008, a senior central bank official said on Monday. But the...
MANILA, April 30 - The Philippine central bank's holdings of foreign currency forward swaps rose nearly 11 percent in March from the previous month as it loaded up on foreign exchange with ample dollar supply...
MANILA, April 24 - The Philippine central bank relaxed some foreign exchange documentation rules on Friday to allow easier access to dollars. Under the new rules, foreign exchange dealers and money changers would be allowed...
MANILA, April 22 - The Philippines expects to increase overseas borrowings this year to 174.9 billion pesos ($3.6 billion) from a previous estimate of 147.4 billion pesos, National Treasurer Roberto Tan said on Wednesday. Tan...