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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Supreme Court strikes down key national budget provisions

The Supreme Court has declared unconstitutional key provisions of the 2024, 2025 and 2026 national budgets, ruling that congressional increases beyond the President’s recommended appropriations violated constitutional limits and weakened safeguards over public spending.

VinFast VF 3 tops Philippine electric vehicle sales

The VinFast VF 3 emerged as the Philippines’ best-selling battery electric vehicle (BEV) model in the first eight months of 2026, recording 2,906 units sold from January to August, according to data from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) cited by the company.

September auto sales up 21%, but 9-month slump persists

Philippine automotive sales rebounded 21 percent in September as dealerships recovered from weather-related disruptions, but the monthly surge has yet to reverse the industry’s double-digit decline for the first nine months of 2026.

DTI proposes tougher e-bike rules, higher compliance costs

The Department of Trade and Industry (DTI) is proposing mandatory safety certification for electric bicycles, scooters and other light electric vehicles (LEVs), a move that could drive up compliance costs for businesses while tightening safeguards against electrical and battery-related hazards.

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