you are currently viewing:PHILIPPINES: Boosting Private Sector Growth and Job Creation Key to Mitigating Global Uncertainty and RiskJune 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. Source: worldbank.org |
August 3, 2025-- In a move to tap into the growing appetite for yield-enhancing strategies, Japan's main stock exchange is pushing to allow listings of actively managed exchange-traded funds (ETFs) that use over-the-counter (OTC) derivatives, such as swaps and options.