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.
Philippine cement makers are banking on a pickup in government infrastructure spending to stabilize demand at about 34 million tons this year, as the industry grapples with excess capacity, high energy costs, and a weaker peso.
Travel experts often say the best trip moments are the unplanned ones — happy detours, new activities or unexpected finds that never made the original itinerary. Now Philippine Airlines (PAL) and the Singapore Tourism Board (STB) are encouraging Filipino travelers to embrace that spirit with their joint “We Don’t Wait for Fun” and “SG Sige G!” campaign.
NLEX Corporation held the inauguration of a new stretch of the NLEX‑C5 Northlink project on Thursday, timed before the big holiday traffic buildup for Undas.
The Philippine Amusement and Gaming Corp. (PAGCOR) saw its net income plunge 85 percent to P2.17 billion in January to September 2026, as a steep decline in electronic gaming revenues and higher statutory remittances squeezed its earnings.