Tag: GDP

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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.

PSEi steady above 6,000 amid mixed signals

Philippine equities held their footing above the 6,000 level as caution continued to dominate trading, with analysts balancing global headwinds against pockets of domestic resilience.

Philippines tops ASEAN tourism GDP, jobs race

The Philippines has emerged as ASEAN’s top tourism economy, leading the region in tourism’s contribution to gross domestic product and ranking among the strongest job creators, according to the 2025 World Travel and Tourism Council (WTTC) Economic Impact Report.

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Lazada deepens MSME drive via digital skills partnership

Lazada Philippines is stepping up its support for micro, small and medium enterprises (MSMEs), expanding partnerships with government agencies and relaunching its LazGrow Together program to help more Filipino entrepreneurs compete in the country's fast-growing digital economy.

EvoEnergi signs first residential aggregation groups in QC, San Juan; also supplies McDonald’s Luzon stores

Local retail electricity provider EvoEnergi has become the supplier for the Philippines’ first two residential groups under the Energy Regulatory Commission’s (ERC) Retail Competition and Open Access (RCOA) program.

Philippine-built vessel strengthens shipbuilding, registry push Heavy Industries

The delivery of the locally built M/V Serene Grace is expected to bolster confidence in the Philippines' shipbuilding industry and encourage more vessel owners to register under the Philippine flag, supporting the government's drive to expand the country's maritime industry.

ERC extends pause on GEA-All collection until August

The Energy Regulatory Commission (ERC) has approved extending the temporary suspension of the Green Energy Auction Allowance (GEA-All) collection for billing months July and August 2026, to help lower electricity expenses amid current economic conditions.

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