The Latest Breaking News from Arsenio Balisacan

Philippines shakes off inflation for best growth since 1976

The Philippines weathered the fastest inflation and highest policy rate in 14 years to deliver one of Asia’s strongest expansions, shoring up the economy by the most in decades amid a bleak global outlook.

Bangkok Post · Jan 26, 2023

Philippines extends tariff cuts on imported rice, other food items to fight inflation

MANILA: Philippine President Ferdinand Marcos Jr has approved the recommendation of the economic ministry to extend up to the end of next year lower tariff rates on rice and other food items to help combat inflation, his office said on Sunday.

Bangkok Post · Dec 18, 2022

Pandemic pushed millions more into poverty in Philippines: govt

MANILA: About 2.3 million people in the Philippines were pushed into poverty between 2018 and 2021, largely due to the economic downturn caused by the pandemic, the statistics agency said on Monday.

Bangkok Post · Aug 15, 2022