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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BPI’s Barangay PeraWise Caravan expands financial education in Caloocan

The Bank of the Philippine Islands (BPI) is expanding community financial education via its six-leg Barangay PeraWise Caravan to boost money skills and household well-being.

Market! Market! gets 12-year lease extension, P1-B upgrade

Market! Market! will remain a major commercial and transport hub in Bonifacio Global City for more than another decade after the Bases Conversion and Development Authority (BCDA) and Ayala Land Inc. secured a 12-year lease extension backed by a P1-billion modernization program.

Government widens probe into substandard building materials

The government is widening its investigation into the use of substandard construction materials amid concerns that the practice may be more extensive than initially believed and could compromise the structural integrity of buildings.

PLDT deploys AI to boost services amid connectivity surge

PLDT Inc. is rolling out AI and automation via UiPath Platform to improve service delivery amid rising demand for 5G, broadband and satellite connectivity nationwide.

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