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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BPI BanKo, Jollibee Group Foundation step up support for onion farmers 

BPI Direct BanKo, Inc. (BanKo) and Jollibee Group Foundation (JGF) have expanded their partnership to provide accessible, sustainable financing to Filipino onion farmers under the Foundation’s Farmer Entrepreneurship Program.

Mynt says to offer 12% stake in planned  IPO

Mynt, the operator of financial super app GCash, has taken a major step toward what could become one of the Philippine market’s largest technology listings after securing board and shareholder approvals for a proposed initial public offering.

PAGCOR replaces gaming ads with Helpline push 

The Philippine Amusement and Gaming Corp. (PAGCOR) has ordered gaming operators nationwide to replace responsible gaming advertisements with promotions for the newly launched 24/7 National Problem Gambling Helpline, signaling a stronger regulatory focus on intervention and player welfare.

Ube’s global glow-up sparks Bohol protection bid

Ube has gone from a local favorite to an international food phenomenon. Purple lattes, cheesecakes, doughnuts, ice cream and premium desserts have helped fuel a worldwide craze, turning the distinctly Filipino crop into what many now call the latest “purple gold.” The challenge is making sure the world knows where the best ube comes from.

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