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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St. Luke’s Global City performs first SAPIEN 3 valve implant

St. Luke’s Medical Center–Global City has successfully performed its first native balloon-expandable Edwards SAPIEN 3 heart valve implantation, expanding minimally invasive treatment options for Filipino patients with severe heart valve disease.

DOTr expands Siargao Airport, upgrades ports to boost tourism

The Department of Transportation (DOTr) is improving connectivity to Siargao Island through an expanded airport passenger terminal and upgraded port facilities, aiming to accommodate growing tourism demand and provide travelers with better air and sea transport options.

NPC, Globe boost child online safety against AI misuse

The National Privacy Commission (NPC) and Globe Telecom are strengthening efforts to protect Filipino children from online privacy risks and promote responsible use of emerging technologies, including artificial intelligence (AI).

Lemon Square expands Batangas operations, opens 150th store

Big E Food Corporation, maker of Lemon Square cakes and pastries, is strengthening its presence in Batangas with a new manufacturing facility and the opening of its 150th retail store at LIMA Estate.

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