菲律宾综合股价指数 (PSEi) 加自选

2025年7月，菲律宾银行的现金汇款从去年同期的30.8亿美元增长到31.8亿美元，同比增长3%。这一增长主要是由于陆地工人（3%）和海上工人（3.1%）的汇款增加。从1月到7月，现金汇款增长了3.1%，达到199.3亿美元，主要得益于美国、新加坡和沙特阿拉伯的流入增加。按来源国划分，美国仍然是最大的汇款来源，占汇款总额的40.3%，其次是新加坡（7.1%）、沙特阿拉伯（6.2%）、日本（5.0%）和英国（4.8%）。与此同时，7月份个人汇款（包括银行转账、非正式渠道和实物转账）增至35.3亿美元，比一年前的34.3亿美元增长3.1%。1月至7月的累计个人汇款达到222.1亿美元，也比2024年同期的215.3亿美元增长了3.1%。

Cash remittances coursed through banks in the Philippines rose by 3% year-on-year to USD 3.18 billion in July 2025, from USD 3.08 billion in the same month last year. The increase was mainly driven by higher remittances from both land-based workers (3%) and sea-based workers (3.1%). From January to July, cash remittances grew by 3.1% to USD 19.93 billion, primarily supported by increased inflows from the US, Singapore, and Saudi Arabia. By country of origin, the US remained the top source, accounting for 40.3% of total remittances, followed by Singapore (7.1%), Saudi Arabia (6.2%), Japan (5.0%), and the United Kingdom (4.8%). Meanwhile, personal remittances—which include bank transfers, informal channels, and in-kind transfers—rose to USD 3.53 billion in July, up 3.1% from USD 3.43 billion a year earlier. Cumulative personal remittances for January to July reached USD 22.21 billion, also marking a 3.1% increase from USD 21.53 billion in the same period in 2024.

2025年6月，菲律宾的净外国直接投资（FDI）同比下降17.8%，至4亿美元的三个月低点。下降的主要原因是股本净流入减少（-167%）。与此同时，再投资收益大幅增长（37.6%），债务工具略有增长（9.3%）。本月股本配售主要来自日本（62%）、美国（16%）和韩国（9%），主要投资于制造业（64%）、房地产（14%）以及批发和零售业；机动车和摩托车维修（10%）。考虑到2025年1月至6月，外国直接投资净额达到34亿美元，比上年同期大幅下降23.8%。

Net foreign direct investment (FDI) in the Philippines fell by 17.8% year-on-year to a three-month low of USD 0.4 billion in June 2025. The decline was mainly driven by lower net inflows in equity capital (-167%). Meanwhile, a significant rise were seen in reinvestment earnings (37.6%) and modest gain in debt instruments (9.3%). Equity capital placements during the month mainly originated from Japan (62%), the United States (16%), and South Korea (9%), with investments directed largely toward manufacturing (64%), real estate (14%), and wholesale and retail trade; repair of motor vehicles and motorcycles (10%). Considering the January to June 2025, net FDI reached $3.4 billion, sharply lower by 23.8% compared with the corresponding period of the previous year.

菲律宾的失业率从去年同期的4.7%上升到2025年7月的5.3%，为2022年8月以来的最高水平。失业人数从2024年7月的238万人增加到259万人，而就业总人数从4768万人下降到4605万人。在主要工业部门中，服务业继续雇用最多的工人，占总就业人口的62.8%，其次是工业，占18.7%，农业占18.5%。与此同时，劳动力参与率从一年前的63.5%下降到60.7%，表明15岁及以上的菲律宾人在劳动力市场上的活跃程度较低。平均而言，就业人员每周工作42.0小时，略高于2024年7月记录的41.1小时，这表明就业人员的工作量略有增加。

The unemployment rate in the Philippines rose to 5.3% in July 2025 from 4.7% in the same month a year earlier, marking the highest level since August 2022. The number of unemployed individuals increased to 2.59 million from 2.38 million in July 2024, while the total number of employed persons fell to 46.05 million from 47.68 million. Among major industry sectors, the services sector continued to employ the largest share of workers at 62.8% of the total employed population, followed by industry at 18.7% and agriculture at 18.5%. Meanwhile, the labor force participation rate declined to 60.7% from 63.5% a year earlier, indicating fewer Filipinos aged 15 and over were active in the labor market. On average, employed individuals worked 42.0 hours per week, slightly higher than the 41.1 hours recorded in July 2024, suggesting a modest increase in workload among those employed.

2025年7月，菲律宾的年制造业产量从上个月向下修正的1.2%增长率降至1.3%。这标志着自2024年11月以来的首次收缩，因为食品制造业的产出放缓（17%对6月份的22.9%），这对下降趋势贡献了40%，特别是在植物和动物油脂制造业。此外，运输设备制造业（7.9%对11.8%）和木材、竹子、藤条、藤制品及相关产品（22.6%对47.2%）的产量显著下降。此外，橡胶和塑料制品（-6.6%对-3.1%）、饮料（-3.2%对-1.2%）、焦炭和精炼石油产品（-11.6%对-10.2%）、化学和化工产品（-22.3%对-25.3%）以及基本金属（-26.5%对-25.3%）的产量继续下降。经季节性调整的月度数据显示，工业活动增长3.5%，从前一个月向上修正的4.2%的跌幅反弹。

The annual manufacturing production in the Philippines tumbled to 1.3% in July 2025, from a downwardly revised 1.2% growth in the previous month. This marked the first contraction since November 2024, as output moderated for the manufacture of food products (17% vs 22.9% in June), which contributed 40% to the downtrend—particularly in the manufacture of vegetable and animal oils and fats. Moreover, output eased notably for the manufacture of transport equipment (7.9% vs 11.8%) and wood, bamboo, cane, rattan articles and related products (22.6% vs 47.2%). In addition, output continued to decline for the manufacture of rubber and plastic products (-6.6% vs -3.1%), beverages (-3.2% vs -1.2%), coke and refined petroleum products (-11.6% vs -10.2%), chemical and chemical products (-22.3% vs -25.3%), and basic metals (-26.5% vs -25.3%). On a seasonally adjusted monthly basis, industrial activity rose by 3.5%, rebounding from an upwardly revised 4.2% fall in the preceding month.