The Philippines’ tourism sector posted a more nuanced performance in 2025: employment continued to rise, but its overall economic footprint softened, pointing to a recovery that is steady in participation but uneven in value generation.
The Philippine economy is entering 2026 on uneven footing, with growth expected to slow slightly and risks looming large, economist Jonathan Ravelas said on Wednesday.
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.
The Philippines is pushing for standardized corporate greenhouse‑gas reporting to fix fragmented emissions data, help local businesses access climate finance, and keep up with global trade requirements, DENR Undersecretary Analiza Rebuelta‑Teh said during the COP 31 forum in Turkiye.
The Philippines aims to complete all 19 priority economic deliverables of its ASEAN chairship by yearend, President Ferdinand Marcos Jr. said, citing progress in digital trade and regional cooperation as the bloc confronts shifting global trade relationships and geopolitical tensions.
US airlines scrambled Saturday to restore disrupted schedules after a four-hour nationwide flight grounding triggered by an air traffic control network failure, with thousands of cancellations and delays expected to ripple through the weekend.