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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CBS earnings stay resilient as lending fuels first-half growth

CBS posted a net income of P1.19 billion in the first half of 2026, demonstrating the resilience of its core lending business as loan growth helped cushion the impact of global geopolitical uncertainties and a challenging domestic economic environment.

Technical issue temporarily takes down central bank website  

The Bangko Sentral ng Pilipinas (BSP) site is temporarily offline as technical teams address an unexpected system disruption.

SSS raises Century Properties stake to nearly 10%

The Social Security System (SSS) has increased its stake in Century Properties Group Inc. (CPG) to about 9.9 percent, deepening its investment in the listed property developer and signaling continued institutional confidence in the company's long-term growth strategy.

EastWest in Tesla Philippines exclusive August 10 electric vehicle event 

East West Banking Corporation (EastWest) has teamed up with Tesla Philippines once again to give its select clients special access to premium electric vehicle experiences and offers. This follows the success of their first private gathering held last May 2026 at Tesla Center Manila.

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