The Philippines has narrowed its economic growth target for 2024 to a range of 6.0% to 6.5%, down from a top end of 7% previously, and revised its outlook through 2028 amid domestic and external uncertainties,

The Philippines widened its projected growth range for next year, citing uncertainties over US President-elect Donald Trump’s trade policy that could mean “high tariffs everywhere.” President Ferdinand Marcos Jr.’s economic team now expects 2025 ...

The inter-agency Development Budget Coordination Committee (DBCC) on Monday narrowed its economic growth target for 2024, with expansion now expected to hit a high of 6.5% versus its earlier expectation of 7.

China and Russia declared a "no limits" partnership when President Vladimir Putin visited Beijing in 2022, just days before Russia's invasion of Ukraine. The two countries carried out live-fire naval exercises in the South China Sea in July.

Philippine President Ferdinand Marcos Jr. said the presence of a Russian submarine in the Southeast Asian nation’s waters is “very concerning” as its military vowed to continue safeguarding its maritime sovereignty.

Philippine President Ferdinand Marcos on Monday described as "very worrisome" the presence of a Russian attack submarine off the country's coast in the disputed South China Sea.

The Philippines said a Chinese Navy chopper harassed Filipino fishing boats at a disputed South China Sea reef, showing lingering tensions in the key waterway.