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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BDO Unibank logs steady earnings growth amid tough economic backdrop

BDO Unibank, Inc. reported a nine‑month 2026 net income of ₱63.6 billion, slightly higher than the ₱63.1 billion recorded in the same period of 2025, with a 13.1 percent return on equity reflecting the bank’s solid core business performance.

CBS expands home financing through three developer tie-ups

China Bank Savings (CBS) is expanding its home financing business through partnerships with three property developers, targeting growing residential markets in CALABARZON and Central Visayas as it seeks to widen access to homeownership.

Prime Infra highlights integrated water, energy projects

Prime Infrastructure Capital Inc. is positioning integrated water and energy infrastructure as a way to tackle multiple Philippine needs with fewer, more coordinated investments, spotlighting its Wawa Bulk Water and Power Complex at the World Infrastructure Forum in Madrid, Spain.

Ayala Land properties win Robb Report’s 2026 honors

Two Ayala Land Inc. properties have earned spots in Robb Report Philippines’ 2026 Best of the Best selections, putting Park Central Towers in Makati and Lagen Island in El Nido among the publication’s picks for standout luxury experiences.

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