[In This Economy] Apocalyptic rains and their economic costs
What do weeklong rains cost an economy already struggling to grow? And how might we fare with climate change only expected to worsen in coming years?
What do weeklong rains cost an economy already struggling to grow? And how might we fare with climate change only expected to worsen in coming years?
Around 6.5 million Filipinos were lifted out of poverty between 2023 and 2025, but the World Bank estimates that at least 28% of the population remain at risk of falling back into poverty
The Department of Energy’s new rules cover solar systems meant primarily for the consumer’s own electricity use rather than for selling power back to the grid under a net-metering program
The BIR receives nearly two-thirds of the new appropriations, while Customs confidential fund gets slashed back to its 2024 level
Much of the increase goes to PSA, with P5.06 billion for a nationwide household census and P2.37 billion for the National ID, while PPP Center funding is halved
(1st UPDATE) Until the updated figures arrive, any claim that Philippine poverty has largely been solved is premature
Because of the temporary restraining order, minimum wage earners in Metro Manila have effectively been deprived of P1,560 each, says labor leader Sonny Matula
Businesses are not simply refusing to borrow because money is too expensive. They are hesitating because the returns on investment are uncertain, confidence is weak, and the economic environment itself has become more difficult to read.
Filipino family incomes rose 16.5% from 2023 to 2025, but spending grew even faster at 24.7%, leaving households with less financial breathing room
The new measure adds another wrinkle to the poverty debate by measuring deprivation not just through income, but also across education, health, housing and basic services, and employment