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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Telcos plan $500M domestic submarine cable network

Communications & Technology 0
The country’s three largest telecommunications companies are set to jointly invest around $500 million to build a nationwide domestic submarine cable network, the Department of Information and Communications Technology (DICT) has announced. DICT Secretary Henry Aguda confirmed that PLDT Inc., Globe Telecom, and Converge ICT Solutions Inc. will carry out the project, which will create a far-reaching undersea fiber optic system running from Batanes in the north, looping around Palawan, and linking islands throughout the Visayas and Mindanao.

Gov’t taps Japan nanotech experts in coconut research

Agriculture 0
The Philippine Coconut Authority (PCA) has formalized a partnership with Japan’s Mitsui to test advanced nanotechnology designed to boost coconut farming, moving forward with President Ferdinand R. Marcos Jr.’s goal of building a modern, technology-driven and sustainable agriculture sector that raises output and improves the lives of farmers.

Davao fres produce reaches Saudi Arabia shelves after Dubai trade fair success

Agriculture 0
Fresh agricultural goods from Davao Region have arrived in Saudi Arabia, marking a major commercial milestone that grew from talks held at an international trade exhibition in Dubai.

PCA, Mitsui team up to test nanotechnology for coconut farms

Agriculture 0
forward with President Ferdinand R. Marcos Jr.’s goal of building a modern, tech-driven and sustainable agriculture sector that lifts productivity and improves farmers’ lives.

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