| PHILIPPINES: Boosting Private Sector Growth and Job Creation Key to Mitigating Global Uncertainty and Risk
June 19, 2025-Stimulating private sector growth and job creation will enable the Philippines to enhance inclusive growth in the face of increasing global uncertainty and domestic risks,according to the World Bank. |
| The Philippines Economic Update (PEU) released today finds that unlocking the potential of the country's business sector,particularly that of its small and medium-sized enterprises (SMEs),will help the Philippines maintain its strong growth trajectory. The PEU forecasts that gross domestic product (GDP) will grow by 5.3 percent in 2025,down just 0.3 percentage points compared to the average for 2023-2024. This is thanks to a robust job market,stable and low inflation,and supportive fiscal and monetary policies,which are helping offset strong headwinds caused by increasing trade barriers and greater financial market volatility. |
| New World Bank Report Charts Pathways for Energy Security, New Jobs, and Market Opportunities in East Asia
August 28, 2025-A new World Bank report, Green Horizon: East Asia's Sustainable Energy Future, outlines practical pathways to modernize and upgrade the region's energy systems to support power and industrial sectors-a key step for East Asia to sustain long-term growth, create jobs, and retain economic competitiveness. |
| Dissecting Medium-Term Growth Prospects for Asia
August 22, 2025-Summary |