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.
The Department of Environment and Natural Resources — Environmental Management Bureau (DENR-EMB) confirmed Tuesday that fine particulate matter (PM2.5) reached unhealthy levels at every monitoring station in Metro Manila, driven by smoke and haze from ongoing forest fires in Kalimantan, Indonesia carried here by prevailing winds.
Damage to the agriculture sector from the enhanced southwest monsoon and Tropical Cyclones Luis, Maymay, and Neneng has climbed to P2.84 billion, up from P2.32 billion just five days prior, the Department of Agriculture (DA) confirmed in its latest morning advisory on September 1
The 22nd Philippine Quill Awards and the 12th Philippine Student Quill Awards recognized outstanding communication work, organizations, and emerging communicators, highlighting the breadth of communication excellence across the professional and academic communities.
Airbnb Inc. reported a nearly 25 percent rise in Gen Z domestic search interest for ber-months check-ins, signaling strong early travel demand from younger Filipinos as the season begins.