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The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund .
Business and economy German economic crisis The Handelsblatt Research Institute reports that the German economy is in its "greatest crisis in post-war history " after projecting that the economy will enter its third year of recession in 2025 with a 0.1% contraction, following a 0.3% contraction in both 2023 and 2024.
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Savings interest rates today: New year, new chance to grow your money faster at up to 5.05% APY finance Best CD rates today: Start 2025 strong with guaranteed returns of up to 4.27% for 12+ months ...
A second impeachment complaint was filed on Wednesday against Philippine vice-president Sara Duterte over her alleged misuse of public funds and refusal to defend her budget before Congress. The ...
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President Marcos signs into law Republic Act No. 12022 or the Anti-Agricultural Economic Sabotage Act, designating the smuggling, hoarding, and cartel activities affecting agricultural products as economic sabotage. [266] The first driverless bus system in the Philippines is launched in New Clark City. [267] September 27:
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