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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UN backs new map to correct global size distortion

The world could soon look different in classrooms, newsrooms, and digital platforms after the United Nations backed a push to replace the familiar Mercator map with projections that more accurately show the relative size of countries and continents.

BOI launches digital guidebook to ease investor process 

The Board of Investments (BOI) is putting key government requirements for investors into a single digital platform, aiming to make it easier to navigate permits, regulations, and procedures and reduce uncertainty in setting up projects in the Philippines.

BIR tightens risk-based audits to give taxpayers certainty 

Businesses are set to face a more targeted tax audit system as the Bureau of Internal Revenue (BIR) shifts taxpayer selection toward measurable compliance risks and tightens rules governing revenue examinations.

TPB urges MICE industry to turn opportunities into gains

The Tourism Promotions Board (TPB) Philippines is urging the local meetings, incentives, conferences, and exhibitions (MICE) industry to turn growing opportunities for business events into actual bookings and broader economic gains as competition across the region intensifies.

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