MANILA -- The Philippine economy, which relies heavily on private consumption, faces a growing need to diversify its growth drivers after the coronavirus pandemic and inflation weighed on household ...

Business organizations yesterday expressed their opposition to the proposed legislated P200 across-the-board daily wage increase, warning of its damaging effects on the economy if implemented.

While most countries in Asia have now dropped Covid-19 entry requirements, as of August 2023, mainland China, Myanmar and Iran are holding out. Here are their respective rules. Philippines ...

The Philippine central bank will take a "measured approach" in easing policy rates, it said on Wednesday, as annual inflation ...