Tag: GDP

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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.

PSEi steady above 6,000 amid mixed signals

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.

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Ronald McDonald House opens 57th preschool center

Ronald McDonald House Charities (RMHC) Philippines has expanded its early childhood education program with the opening of its 57th Ronald McDonald Bahay Bulilit Learning Center in Marikina City, reinforcing efforts to improve preschool access for children in underserved communities.

Ayala boosts Ayala Land stake with P2.38B buyback

Ayala Corp. has accelerated its accumulation of Ayala Land Inc. (ALI) shares, spending about P2.38 billion to acquire 141.55 million common shares through market purchases disclosed between July 16 and July 31, reinforcing its confidence in the property giant's long-term prospects while taking advantage of what it believes is an undervalued share price.

GAC Philippines expands MPV lineup with hybrid models

GAC Philippines is stepping up its push in the country's growing multi-purpose vehicle (MPV) market with the launch of three new models, including hybrid and plug-in hybrid variants aimed at families, premium buyers and corporate executives.

MPBL game-fixing ban to reignite online betting debate

The Maharlika Pilipinas Basketball League has done what every sports league eventually must when confronted with game-fixing allegations: make an example of someone.

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