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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Avida builds climate resilience into housing projects

Avida Land is building climate resilience into its residential projects, using flood assessments, stormwater controls, and water- and energy-efficient features to reduce property risks as extreme weather becomes more frequent and severe.

Shell Pilipinas, Yanson Group renew fuel supply pact for H2 2026

Shell Pilipinas Corporation and Yanson Group of Bus Companies have renewed their fuel supply agreement for the second half of 2026, extending a long-standing partnership critical to public transport. Through Shell Fleet Solutions, Shell will continue supplying fuel and mobility support to Yanson’s operations across major Visayas and Mindanao routes.

Globe steps up 917 GDay 2026 rewards with G Raffle Rush comeback

Globe amplifies customer appreciation this 917 GDay 2026 through the return of G Raffle Rush, offering prizes ranging from daily essentials and treats to travel packages, a brand-new BYD Atto 2 DM-i Premium car, and Avida residential properties including a house and lot and a one-bedroom condo unit.

Meralco cuts rates for second consecutive month

Customers of Manila Electric Company (Meralco) are set to benefit from back-to-back rate reductions as the utility announced another decrease of P0.0409 per kWh in the electricity rate this September.

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