Philippines economy

The expanded budget confirms the Marcos administration's commitment to financing scaled up public spending by borrowing and running deficits.

A new VAT on digital services, including streaming services like Netflix, could have unintended consequences.

The Philippines wants to push into more advanced manufacturing activities, but the current state of the global economy will pose challenges.

Recently announced growth figures look impressive, but they conceal the structural issues holding back the Philippine economy.

Once again, Manila has demonstrated its willingness to turn vital national infrastructure over to the private sector.

The company's planned acquisition of a new Airbus fleet reflects a bullish confidence about the future of the regional tourism industry.

Thousands of jobseekers have flocked to the country, but faced with low wages and poor working conditions, some are leaving to try their luck in other parts of Europe.

For all its economic challenges, the Philippines has one major advantage over its Southeast Asian peers.

Manila is seeking to take a major step forward in the modernization of its armed forces, but current economic conditions are challenging.

The Philippines' largest island has become the focus of U.S. and Japanese attempts to counter China's growing power in the South China Sea.

The Biden administration is hoping to elevate economic relations with Manila to keep step with the recent enhancement of security ties.