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Tag: philippines
The Philippines category covers economic trends, trade relations, investment opportunities, and key industry developments in one of Southeast Asia’s fastest-growing economies. It explores bilateral trade, foreign direct investment (FDI), government policies, and infrastructure projects, providing insights into manufacturing, energy, technology, and financial markets. This section serves as a resource for businesses, investors, and policymakers looking to navigate the Philippine market and its role in regional and global trade.
Trade: Concerns raised in Philippines as Vietnam’s US tariff deal puts exports at a disadvantage
The Philippines’ exports are unlikely to stay competitive if the US reinstates a 17 percent tariff, especially after Vietnam secured a favourable 20 percent rate under a new deal with Washington, according to the Foreign Buyers Association of the Philippines .
Economy: OECD projects Philippines GDP growth 5.6 percent in 2025
The Philippines is forecast to grow by 5.6 percent in 2025 and 6.0 percent in 2026, driven by resilient household consumption and a gradual investment recovery, according to the latest OECD Economic Outlook 2025.
Manufacturing: Philippines PMI falls in May as output and exports decline
The Philippines Manufacturing PMI fell to 50.1 in May from 53.0 in April, signalling a broad stagnation in operating conditions, according to the latest data from S&P Global. Output contracted and export orders declined at the fastest pace since November 2023, reversing April’s growth momentum.
Minimum Wage in the Philippines 2025: Daily & Monthly
In the Philippines, minimum wages are determined on a regional basis rather than through a single national rate. This article outlines those rates.
Economy: World Bank cuts Philippines growth outlook for 2025
The World Bank has downgraded its growth forecast for the Philippines to 5.3 percent for 2025, down from the 6.1 percent projection made in October 2024, according to its April 2025 World Bank East Asia and the Pacific Economic Update.
The Philippines’ Dairy Market 2025: Overview
The Philippines’ dairy market continues to be shaped by strong consumer demand, low domestic production, and a growing reliance on imports. With increasing income levels and changing dietary preferences, consumption of dairy products such as milk, cheese, and yoghurt has risen steadily across both urban and rural areas. This growth is particularly evident among younger consumers and health-conscious households, who are driving demand for value-added and fortified dairy products.
Philippines: IMF trims 2025 GDP growth forecast to 5.5 percent
The International Monetary Fund (IMF) has revised down the Philippines’ GDP growth forecast for 2025 in its April 2025 World Economic Outlook, while inflation expectations have been nudged upward. The new projections show real GDP expanding by 5.5 percent in 2025, a modest downgrade from 5.8 percent in October 2024, with a forecast of 5.8 percent for 2026.
Vietnam’s rice exports surge by 48.06 percent in March
Vietnam exported US$530.54 million worth of rice in March, up 48.06 percent from February, according to data from Vietnam’s General Department of Customs.
Vietnam’s exports to the Philippines rise 9 percent in February
Vietnam exported US$442.63 million worth of goods to the Philippines in February 2025, an increase of 8.86 percent from US$406.61 million in January, according to Vietnam’s General Department of Customs. This brought total exports to the Philippines in the first two months of the year to US$849.44 million.
Vietnam’s imports from the Philippines up 6 percent in February
Vietnam imported US$232.45 million worth of goods from the Philippines in February 2025, a 6.01 percent increase from US$219.30 million in January, according to Vietnam’s General Department of Customs. This brought total imports from the Philippines over the first two months of the year to US$451.66 million.
Manufacturing in the Philippines 2025: Key Sectors, FDI & Investment Incentives
The manufacturing sector in the Philippines plays a vital role in the country’s economic landscape, contributing approximately 18 to 19 percent of gross domestic product (GDP) and employing over 3.5 million workers. It forms a core component of the country’s industrial base and is a key driver of both export earnings and foreign direct investment. This article breaks down the key details.
How to Start a Business in the Philippines 2025: Foreign Ownership, Procedures & More
Starting a business in the Philippines can be tricky. There can be a lot of red tape and requirements and working with certain authorities can be challenging. That said, firms and entrepreneurs can ease the stress and tension that comes with establishing a business in the Philippines by understanding the process and its nuances ahead of time.
Philippine tourist arrivals in Vietnam increase in January
Vietnam welcomed 34,578 tourists from the Philippines in January, accounting for 1.7 percent of total international visitors, according to Vietnam’s General Department of Tourism. This marks an 8.7 percent increase from December and a significant 104.9 percent rise year-on-year.
Philippines sees strong growth in foreign direct investment in Vietnam in December
In 2024, the Philippines invested in 4 new projects with US$20.41 million in newly registered capital…
Philippine tourist arrivals in Vietnam grow by 5.59 percent in November
Year-to-date, Philippine arrivals reached 1,177,615, marking a 25.5 percent growth compared to the same period in 2023. The Philippines remains a key Southeast Asian market for Vietnam, reflecting strong regional travel recovery post-pandemic.
Vietnam’s exports to the Philippines rise 11.69 percent in October
Vietnam’s exports to the Philippines reached US$600.87 million in October, marking an 11.69 percent increase month-on-month with the year-to-date export value reaching US$5.22 billion, according to Vietnam’s General Department of Customs…
Philippines to investigate Vietnam cement dumping claims
Notably, the Philippines had accounted for 27 percent of Vietnam’s cement exports to the end of October this year. With this in mind, Vietnam’s cement oversupply problem may be about to get worse.
Q2 2025
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