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.
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.
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 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.
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.
The government targets to complete the bidding for the operations and maintenance of the North-South Commuter Railway and the privatization of Metro Rail Transit Line 3 by the second quarter of 2027, Transportation Secretary Giovanni Lopez confirmed Wednesday.
Major streets in Tondo are now better illuminated following a streetlighting initiative by the Manuel V. Pangilinan-led One Meralco Foundation (OMF) in partnership with the Manila city government, a move aimed at improving nighttime visibility and supporting public safety.
Maya has again earned a spot among the Best Companies to Work for in Asia at the 2026 HR Asia Awards, securing the prestigious recognition for the second year in a row. The leading Philippine digital financial services provider also retained its Tech Empowerment honor and added a new distinction, the People Transformation Award, bringing its total to three awards this year.
Coco Mama, under Century Pacific Food Inc. (CNPF), is set to donate one million quality coconut seedlings over the next five years through its Save Our Coconuts program, joining forces with global brand Vita Coco for a combined total of two million seedlings nationwide.