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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SM Investments, bank units make Fortune Southeast Asia 500 for third straight year

SM Investments Corporation, parent of the SM Group, along with its banking units BDO Unibank and China Bank, have been named to the Fortune Southeast Asia 500 list for the third year running.

Lufthansa Technik Philippines to open New Clark MRO facility by 2028

Lufthansa Technik Philippines (LTP), a fully owned unit of MacroAsia Corp., plans to finish and launch its new base maintenance facility at Clark International Airport by 2028.

Globe calls for vigilance amid rising telecom infrastructure theft in South Luzon

Globe recorded 216 theft incidents involving cables, batteries, generators, fuel, and other equipment across Laguna, Cavite, Oriental Mindoro, and Albay in just one year ended April this year. Laguna, the telecommunications company said,  had the most cases at 67, followed by Cavite with 46; Albay saw a more than fourfold jump in incidents in 2026.

Maersk service boosts Iloilo’s gateway ambitions further 

The arrival of Maersk's PH6 service at the Visayas Container Terminal (VCT) in Iloilo marks more than the addition of another shipping route. It signals the growing importance of Western Visayas in the country's evolving logistics landscape and strengthens Iloilo's role as a regional trade gateway.

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