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Philippine GDP growth forecast cut to 5.3% due to weak start and global trade uncertainties.
Analysts have downgraded the Philippines' GDP growth forecast for 2025 to 5.3% from 5.9%, citing weak first-quarter growth of 5.4% and global trade uncertainties.
The Bangko Sentral ng Pilipinas is expected to cut policy rates due to the disappointing GDP and low inflation rates.
Despite challenges, experts hope that increased government spending and stabilizing exports could support future growth.
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La previsión de crecimiento del PIB filipino se redujo al 5,3% debido a un comienzo débil y a las incertidumbres del comercio mundial.