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.
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.
The Philippine Competition Commission (PCC) is taking more of its legal processes online, a move that could shorten procedural delays in competition investigations and merger reviews as cases become more complex and time-sensitive.
As more businesses adopt artificial intelligence, the focus is shifting from whether we use it to what it actually delivers. Globe has clear answers: as of August 2026, our AI and machine learning efforts have created ₱1.2 billion in measurable benefits.
The Manila Electric Company (Meralco) has officially kicked off its competitive bidding process to secure 900 megawatts of baseload power, the consistent, round-the-clock supply that forms the backbone of the electricity system.