Tag: GDP

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Zobel eyes 5% growth, rebound as risks ease

Jaime Augusto Zobel de Ayala, chairman of Ayala Corp., struck a cautiously optimistic tone on the Philippines’ economic outlook, projecting a rebound as near-term risks begin to ease and structural strengths remain intact.

IMF slashes Philippines 2026 growth outlook sharply

The Philippines faces a markedly weaker growth trajectory after the International Monetary Fund (IMF) cut its 2026 expansion forecast to 4.1 percent, citing intensifying global shocks and a softer domestic backdrop.

Middle East tensions, El Niño cloud Philippine growth outlook

Rising geopolitical tensions in the Middle East and the looming effects of El Niño are emerging as twin headwinds to Philippine growth, with remittances and inflation pressures forming a potentially volatile mix.

Economic Planning chief warns oil shock may worsen poverty, slow growth

Economic Planning Secretary Arsenio Balisacan cautioned lawmakers that a prolonged Middle East conflict could trigger a severe economic shock in the Philippines, with surging oil prices threatening to reverse gains in poverty reduction.

Rate-cut expectations pull T-bill yields down

Treasury bill yields continued to ease at Monday’s auction as investors positioned for a possible shift toward monetary easing by the Bangko Sentral ng Pilipinas (BSP) amid weakening economic momentum.

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SBMA port revenues up 8% as Subic bolsters supply security

The Subic Bay Metropolitan Authority (SBMA) is strengthening Subic Bay’s role as a logistics and supply chain hub, with its Port Operations Group posting an 8 percent increase in consolidated gross revenue to P874 million in the first half of 2026 despite global economic pressures.

PH-Türkiye air pact opens new travel opportunities 

The Philippines is set to expand air connectivity with Türkiye, doubling Manila-Istanbul flight capacity and creating more opportunities for tourism, trade, and business.

SM Hotels turns training into second chances

SM Hotels & Conventions Corp. (SMHCC) is using hospitality training to help Persons Deprived of Liberty (PDLs) build skills, find jobs, and prepare for reintegration into society.

Eala gets Ruse redemption, advances in Cincinnati Open

Alex Eala finally got her shot at Elena-Gabriela Ruse, but the redemption came with an asterisk.

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