Tag: GDP

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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.

Philippines tops ASEAN tourism GDP, jobs race

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.

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Expanded financial training involving BSP, LGU, BDO launches in Pasig City

Pasig City residents across various sectors will gain access to improved financial literacy training under a new partnership between the Bangko Sentral ng Pilipinas (BSP), the Pasig City Government, and the BDO Foundation (BDOF).

DICT targets digital safety law by Q3 2026; proposes age limit, stricter platform rules

The Department of Information and Communications Technology (DICT) is looking to have Congress pass a comprehensive digital safety law by the third quarter of 2026. The proposed measure includes a recommended minimum age of 16 for using social media platforms.

SEC fines HC Consumer Finance for unfair debt collection

The Securities and Exchange Commission (SEC) has fined HC Consumer Finance Philippines Inc. for violating debt collection rules.

Lufthansa Technik expands Clark aerospace drive

The planned expansion of Lufthansa Technik Philippines in Clark is being seen as a major , validation of Luzon International Premiere Airport Development Corporation’s (LIPAD) long-term goal of positioning Clark International Airport as a regional aerospace and maintenance, repair and overhaul hub.

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