The Bangko Sentral ng Pilipinas (BSP) said banks should apply enhanced due diligence (EDD) to cash withdrawals exceeding P500,000 on a per-customer—rather than per-transaction—basis, with reviews anchored on a depositor’s normal business activity.

The country’s unemployment rate steadied in December amid seasonal services gains and construction sector job losses likely caused by the impact of a corruption scandal, data from the Philippine Statistics Authority (PSA) showed

Philippine economic growth will likely rebound this year after a marked slowdown in 2025, a brokerage firm said, lifted by a recovery in public infrastructure spending and the impact of interest rate cuts.

Philippine growth slumps to 4.4% in 2025, slowest in 5 years

The country’s inflation rate climbed to an 11-month high of 2 percent in January on the back of higher housing and utilities costs.

In Philippine obligations and contracts, suretyship and guaranty are often confused because both involve a third person answering for the obligation of another. However, under the Civil Code of the Philippines, they are legally distinct contracts with significantly different consequences—especially for the person who gives the assurance.

Government infrastructure spending fell further in November as the flood control project scandal continued to unfold, the Department of Budget and Management (DBM) said.

Property developers are targeting regional growth areas and pacing the rollout of horizontal residential projects this year, amid economic uncertainties and cautious buyer sentiment.

Economic growth is expected to gradually recover this year on the back of increased government spending and exports, a Cabinet official said, following a marked slowdown in 2025.

In the fourth quarter, the Philippine capital was the fourth most affordable city for prime office rent among 23 Asia-Pacific markets.

The Philippine economy grew 3% in the last quarter of 2025 compared to a year earlier, weaker than the downwardly revised 3.9% expansion for the previous quarter.

Metro Manila’s key business districts are expected to face upward pressure on office rents this year, driven by strong demand from multinational firms and business process outsourcing tenants.

CeMAP President and Vice Chairman John Reinier H. Dizon said the group is working with the United Nations Industrial Development Organization in preparing a roadmap that will help reduce the industry’s carbon emissions.

A rebound in public and private investments could lead to gradual economic gains for the Philippines and a return to 6.0-percent growth.

The Philippine economy is likely to grow by 5.3% this year, driven by robust domestic demand, although private investment risks persist amid the graft scandal, the ASEAN+3 Macroeconomic Research Office (AMRO) said.

A recovery of government infrastructure spending after a deep slump triggered by the flood control scandal would be the most effective way to accelerate growth.

Listed property companies in the Philippines are expected to post modest revenue growth this year amid tepid economic expansion and elevated inventory in the office and residential segments.

The Philippine economy may expand slower until next year as global uncertainties and the local corruption controversy continue to drag growth, the International Monetary Fund said.

Overseas Filipino workers’ (OFW) remittances are expected to grow despite a new US tax that took effect Jan. 1.

Over a million households in the Philippines remain without electricity, a gap the government aims to close within the next three years.