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.
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.
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 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.
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.
Bloomberry Resorts Corp. is leaning harder into digital gaming and cost discipline as weak demand from VIP and premium mass players keeps pressure on its traditional gaming business.
Rockwell Land Corp. delivered a stronger first half in 2026 as robust residential sales and an expanding commercial business pushed revenue and profit sharply higher, while also allowing the property developer to raise its dividend to a record level.
Economic growth has lifted millions of Filipinos out of poverty over the past 15 years, but many remain close enough to the poverty line to be pushed back by the next serious flood, conflict, or economic shock.
Fair pay, it turns out, is not quite the same thing as happy pay. Filipino employees may believe they are being paid fairly, but a much smaller share say they are happy with their salaries, highlighting a growing challenge for employers trying to retain talent without simply throwing bigger raises at the problem.