Tag: GDP

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Zobel eyes 5% growth, rebound as risks ease

Economy Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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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PLDT, Smart block over 100 violent content sites in expanded child safety drive

Communications & Technology 0
PLDT Inc. and its wireless subsidiary Smart Communications Inc. have blocked more than 100 websites found streaming or hosting footage of school shootings and other acts of extreme violence, moving to shield users from harmful and disturbing online material.

Philippine poverty rate hits record-low 9.7% in 2025

Economy 0
The Philippines lifted 6.5 million Filipinos out of poverty in just two years, pushing the national poverty rate down to a record-low 9.7 percent in 2025 and allowing the government to hit its single-digit target three years ahead of schedule.

BSP leads regional central bank cooperation on consumer protection, AI governance at EMEAP 2026

Banking & Insurance 0
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. and his counterparts from the East Asia and Pacific region have pledged to deepen cooperation on shared challenges facing financial systems, advancing key initiatives to bolster consumer safeguards and guide responsible artificial intelligence (AI) adoption across the industry.

SBMA sets October deadline for P7-B Subic airport PPP

Transport & Logistics 0
The Subic Bay Metropolitan Authority (SBMA) has set Oct. 29 as the deadline for competing bids for the P7-billion redevelopment of Subic Bay International Airport (SBIA), moving the long-awaited project closer to a head-to-head challenge.

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