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Philippine Growth Slows Amid Corruption Scandal and Peso Plunge

10/29/2025

27 5 Full Breakdown

Summary

Story summary

The Philippine economy is projected to grow 4.7% in 2025, down from 5.3%, due to declines in government spending tied to a corruption investigation.
Nomura Global Markets Research projects GDP growth could slow to 4% in H2 2025.
The peso weakened to a record low of P59.13 per dollar.
The electronics sector expects single-digit export growth and faces tariff-related risks.
The corruption scandal is affecting investor sentiment and expansion plans.

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Story summary

The Philippine economy is projected to grow 4.7% in 2025, down from 5.3%, due to declines in government spending tied to a corruption investigation.
Nomura Global Markets Research projects GDP growth could slow to 4% in H2 2025.
The peso weakened to a record low of P59.13 per dollar.
The electronics sector expects single-digit export growth and faces tariff-related risks.
The corruption scandal is affecting investor sentiment and expansion plans.