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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Gov’t weighs EV tariff extension, calibrated incentives

The government is weighing a longer extension of zero tariffs on electric vehicles but wants to recalibrate incentives so stronger EV demand eventually translates into local assembly, manufacturing investment, and a wider charging network.

PEZA eyes record investment haul on P200B pipeline

The Philippine Economic Zone Authority (PEZA) is poised to exceed its investment registration target this year, with a roughly P200-billion pipeline of major projects potentially pushing approvals past its previous record.

RCBC wins two 2026 Philippine Quill Awards

Rizal Commercial Banking Corp. (RCBC) won two honors at the 2026 Philippine Quill Awards for communication campaigns aimed at widening access to formal financial services and bringing digital banking closer to underserved Filipinos.

URC expands potato trials to lift farmer incomes

Potato farmers in Benguet are testing seven new varieties alongside the familiar Granola in a bid to raise productivity, widen planting options and strengthen the commercial viability of one of the Cordillera’s key vegetable crops.

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