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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NGCP to review new ERC rules allowing other entities to build transmission projects

The National Grid Corporation of the Philippines (NGCP) is evaluating regulations issued by the Energy Regulatory Commission (ERC).

Fuel price rollbacks seen this week amid US-Iran peace talks

Significant price reductions for gasoline and diesel are expected to take effect this week, according to a local fuel retailer.

DOT holds line on arrivals, boosts travel deals

The Department of Tourism (DOT) is sticking to its conservative target of 6.4 million international visitor arrivals this year even as it rolls out a new push to energize domestic travel through steeply discounted tourism packages.

Globe calls for technology-neutral policies to build inclusive national connectivity

Globe Telecom Inc. is advocating for policies that do not favor any single technology, in order to encourage innovation while maintaining strict standards for service quality, security, consumer rights, and fair competition.

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