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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SEC warns public vs unregistered investments and fake financial platforms

The Securities and Exchange Commission (SEC) has issued an advisory alerting the public about two unauthorized investment entities.

DOTr, Cebu launch first local-led transport subsidy program

The Department of Transportation (DOTr) and the Provincial Government of Cebu have teamed up to introduce the Tabang Pangbyahe Program — the country’s first service contracting initiative led by a local government unit.

NTC to collect nearly P3.8 billion in unpaid fees from NOW Telecom after Supreme Court ruling

The National Telecommunications Commission (NTC) will proceed with the collection of around ₱3.8 billion in outstanding Supervision and Regulation Fees (SRF) from NOW Telecom Inc., following a final and executory Supreme Court ruling.

BSP cuts digital transaction fees, boosts access for micro-businesses

The Bangko Sentral ng Pilipinas (BSP) has introduced new rules under Circular No. 1238, issued June 17, 2026, to make digital payments fairer, more transparent, and more affordable.

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