Tag: GDP

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Zobel eyes 5% growth, rebound as risks ease

Economy Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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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Meralco Power Academy brings industry insights to 900 NEUST engineering students

Corporate Bulletins 0
Around 900 engineering students from the Nueva Ecija University of Science and Technology learned firsthand about the changing power industry through PowerConvos, a lecture series by the Meralco Power Academy.

BPI launches cross-border payment service, DMCI Homes first adopter

Banking & Insurance 0
The Bank of the Philippine Islands (BPI) has rolled out its overseas collection arrangement (OCA), a new cross-border payment solution that lets Philippine businesses receive payments directly from overseas customers, with DMCI Homes becoming the first property developer to use the service for its clients based in the United States.

Manila Water boosts Cardona plant operations, steps up El Niño readiness for steady supply

Environment 0
Manila Water is ramping up operations at its Cardona Water Treatment Plant in Rizal to secure reliable water supply as the country braces for a strong El Niño that may last until the first half of 2027.

Senate to prioritize economic recovery amid Philippine growth slump

Economy 0
Senate President Win Gatchalian has placed economic recovery at the top of the Senate’s legislative agenda, pledging to fast-track the proposed P7.2-trillion 2027 national budget and pursue reforms aimed at lowering business costs, reviving investments and restoring household purchasing power.

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