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.
Philippine equities held their footing above the 6,000 level as caution continued to dominate trading, with analysts balancing global headwinds against pockets of domestic resilience.
The Philippines has emerged as ASEAN’s top tourism economy, leading the region in tourism’s contribution to gross domestic product and ranking among the strongest job creators, according to the 2025 World Travel and Tourism Council (WTTC) Economic Impact Report.
The Department of Environment and Natural Resources' (DENR) investigation into the alleged unsanitary operations and questionable water-testing practices of PrimeWater Infrastructure Corp. could pave the way for regulatory sanctions while helping restore public confidence in San Jose del Monte City's water system, the local government said.
The Philippine Competition Commission (PCC) has fined the Boracay Business Administration of Scuba Shops (BBASS) and 39 affiliated dive operators a combined P2.17 million for operating what regulators described as an illegal price-fixing arrangement that suppressed competition in one of the country's premier tourism destinations.
Manila Water is assuring customers in its East Zone concession area of uninterrupted 24-hour water supply as El Niño conditions and reduced allocations from Angat Dam raise supply concerns, supported by key investments in alternative water sources including the now-operational East Bay Phase 1 Water Treatment Plant.
President Ferdinand R. Marcos Jr. has reappointed Walter C. Wassmer and Jose L. Querubin as members of the Bangko Sentral ng Pilipinas (BSP) Monetary Board, the central bank’s highest policy-making body.