Philippines seen to grow by 4.6% this year

MANILA, Philippines — The lackluster economy in 2025 did little to unsettle the Philippine bond market, with stability expected to continue as domestic growth may pick up to 4.6 percent this year, Bank of America (BofA) said. Vince Valdepeñas, BofA’s Philippine country head, said the bank expected gross domestic product (GDP) to remain below target