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ECONOMIC GROWTH. The Philippine Statistics Authority (PSA) on Thursday (May 8, 2025) announced that the Philippine gross domestic product (GDP) slightly picked up to 5.4% in the first quarter of the year from 5.3% in the fourth quarter of last year. The Department of Economy, Planning, and Development (DEPDev) said the country’s GDP expansion during the period surpassed other major economies in the region. (Photo screengrab: PSA live stream)

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