Tag: GDP

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Middle East tensions, El Niño cloud Philippine growth outlook

Economy Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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

Markets Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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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BPI: Rate hikes loom as underlying inflation risks threaten PH recovery

Banking & Insurance 0
While slowing oil and food prices recently cooled headline inflation in the Philippines, persistent domestic threats and rising core inflation are keeping policymakers on high alert, signaling that further interest rate hikes may be necessary to protect long-term economic growth, according to data analysis by the Bank of the Philippine Islands.

Xendit integrates Dragonpay for regional expansion

Corporate 0
Southeast Asian payments infrastructure provider Xendit has formally integrated Dragonpay Corporation, the Philippines’ pioneer in alternative payment solutions, building on a strategic partnership first established in 2021. The move combines Dragonpay’s well-established local payment network with Xendit’s regional platform, wider geographic reach, and ongoing technology upgrades.

Clark’s $3.8B chip exports spur push for faster reforms

Communications & Technology 0
Semiconductor and electronics exports from Clark climbed to USD3.8 billion in 2025, underscoring the Freeport's growing role in global technology supply chains as the Clark Development Corp. (CDC) moves to address operational bottlenecks that could shape the industry's next phase of expansion.

Jobless rate rise in May, underemployment rate eases 

Economy 0
The Philippines' unemployment rate climbed to 4.8 percent in May, the highest in a year, as fewer Filipinos found work despite a modest month-on-month increase in employment, underscoring persistent cracks in the labor market. 

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