Tag: GDP

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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.

Philippine GDP growth slows, services carry economy

The Philippine economy ended 2025 on a softer note, with gross domestic product growing 3.0 percent year on year in the fourth quarter, bringing full-year growth to 4.4 percent, according to data from the Philippine Statistics Authority. The figures point to an economy that is still expanding—but unevenly, with clear winners and laggards.

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Manila Water’s Upper Wawa Dam named Global Water Project of the Year

East Zone concessionaire Manila Water announced its Upper Wawa Dam has won Water Project of the Year at the 2026 Global Water Awards, held in Madrid, Spain alongside the Global Water Summit.

GCash unveils all-in-one travel protection and connectivity for groups

Summer trips often begin with a simple invitation in a group chat, but excitement can quickly fade due to common travel issues such as flight delays, lost baggage, or medical emergencies.

PH, Australia mark 80 years of ties, WWII friendship

Quezon Memorial Shrine lit up in Australia’s green and gold last Friday to celebrate Philippines–Australia Friendship Day and 80 years of formal diplomatic relations. A groundbreaking was also held for a new historical marker from the National Historical Commission of the Philippines, recognizing Australia’s wartime support for President Manuel L. Quezon and his government.

Chasing waterfalls, vibes in Misamis Oriental 

Summer in Misamis Oriental begins the moment the plane lands at Laguindingan International Airport.

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