Philippine GDP Grew 2.3% in Q2 2026, PSA Reports
The Philippine economy grew 2.3% year on year in the second quarter of 2026, according to the Philippine Statistics Authority. Services expanded while industry contracted.
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Peso Climbs to Strongest Level Since 2023 as Remittances Surge
The peso closed at ₱54.20 to the dollar on Monday, its strongest finish in nearly three years, lifted by record overseas remittances and sustained foreign inflows into local bonds.