Has the Philippines entered 'stagflation' phase? Balisacan says, 'I'd wait 'til end of the year'

GMA Network - Nov 10, 2026

The Philippines chief economist, Economic Planning Secretary Arsenio Balisacan, has cautioned against labeling that the economy has fallen already into stagflation.

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PH economy continues to lose steam, further slowed in Q3 to 2.1%

Nov 10, 2026

PH economy continues to lose steam, further slowed in Q3 to 2.1%

MANILA, Philippines — Philippine economic growth decelerated for the fifth straight quarter to 2.1 percent at the end of September amid persistently weak household spending and investment. The latest print was slower than the revised 2.4 percent logged in the previous quarter and the 4-percent recorded in the same period last year, according to the Philippine

High prices chip away at trust in PH firms

Nov 10, 2026

High prices chip away at trust in PH firms

MANILA, Philippines — Soaring prices, unclear fees and hidden charges are among Filipinos’ main reasons for distrusting businesses, a new study showed, which also found that public confidence in the Philippine private sector remains intact but “on probation.” In the 2026 Philippine Trust Study, communications firm EON Group and Ateneo de Manila University found that 19.7

PSEi drops to 5,600 level on weak Q3 growth

Nov 10, 2026

PSEi drops to 5,600 level on weak Q3 growth

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Heavy rains, high inflation pull down Wilcon profit

Nov 10, 2026

Heavy rains, high inflation pull down Wilcon profit

MANILA, Philippines — Wilcon Depot Inc., a listed home improvement retailer, saw a weaker bottom line in the first nine months, as heavy rains and high inflation dampened its operations last quarter. The company said its net income as of September had declined by 6 percent year-on-year to P1.752 billion from P1.866 billion. READ: Stronger

SM Prime 9-month income slips 5%

Nov 10, 2026

SM Prime 9-month income slips 5%

MANILA, Philippines — SM Prime Holdings Inc. is not slowing down on its investments for next year, with capital expenditures seen reaching up to P100 billion, despite macroeconomic challenges that weakened its net income in the first three quarters. At a media briefing on Monday, SM Prime president Jeffrey Lim said the company remained confident

DA bans pork imports for 2 months to shield hog raisers

Nov 10, 2026

DA bans pork imports for 2 months to shield hog raisers

MANILA, Philippines — The Department of Agriculture (DA) imposed a two-month import ban over the weekend, likely extending it, to provide local raisers with a fair chance amid depressed farm-gate prices. Under Department Order No. 33, the department enforced a 60-day import restriction on the following pork products: fresh and frozen pork cuts, carcasses, and

Converge keeps growth outlook despite headwinds

Nov 10, 2026

Converge keeps growth outlook despite headwinds

MANILA, Philippines — Converge ICT Solutions Inc. still expects its revenues to grow this year despite soaring inflation and other economic headwinds slowing subscriber growth, particularly among lower-income households. As of the third quarter, the Dennis Uy-led fiber provider’s subscriber base had grown to just 3.1 million from 3.09 million at the start of the

Aurora ecozone seeks US funding for projects

Nov 10, 2026

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Chinese space-AI tech hopeful Adaspace faces wary investors in Hong Kong IPO

Nov 10, 2026

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Nov 10, 2026

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Thai economy improved in September driven by exports and private investment

Nov 10, 2026

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‘We were always here’: UBS CEO ups Hong Kong commitment despite US expansion

Nov 9, 2026

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