Tag: GDP

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Tourism’s GDP share eases as spending slips

The Philippines’ tourism sector posted a more nuanced performance in 2025: employment continued to rise, but its overall economic footprint softened, pointing to a recovery that is steady in participation but uneven in value generation.

Philippine economic growth faces fragile, conditional outlook

 The Philippine economy is entering 2026 on uneven footing, with growth expected to slow slightly and risks looming large, economist Jonathan Ravelas said on Wednesday.

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.

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700-MW CamNorte power project slated for public scoping

A proposed 2 x 350‑megawatt coal‑fired power facility in Jose Panganiban, Camarines Norte will undergo public scoping on December 3,  2026, as the Department of Environment and Natural Resources’ Environmental Management Bureau opens the floor for community feedback that will shape the project’s environmental review.

ASF vaccination milestone helps rebuild PH pork supply

The Department of Agriculture (DA) has vaccinated nearly 500,000 pigs against the African  Swine  Fever (ASF), marking a major milestone in the seven‑year push to rebuild the country’s hog sector and stabilize local pork supply for consumers.

Fuel prices set for another drop this week; relief for motorists, businesses 

Fuel prices are poised for another round of cuts this week, according to a local fuel retailer, marking continued downward adjustments that will ease fuel‑related costs for motorists, households, and businesses nationwide.

APECO, Canadian firm explore renewable power for industrial zone

The Aurora Pacific Economic Zone and Freeport Authority (APECO) is courting Canadian renewable energy developer JCM Power to explore solar and wind projects that could help attract manufacturers, industrial locators and data centers to Casiguran, Aurora.

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