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.
Mingyang Group is weighing investments in Philippine ports, floating platforms and wind turbine manufacturing as it looks to turn the country from an equipment market into a potential offshore wind production base.
Sunlight Air is exploring direct flights between tourist destinations, including Boracay, as the domestic carrier looks to improve inter-island connectivity without relying solely on established aviation hubs.
Alex Eala reminded everyone in Tokyo that a slow start is not necessarily a forecast, rallying past Australia’s Talia Gibson, 4-6, 6-2, 6-0, to reach the quarterfinals of the Toray Pan Pacific Open on Wednesday night.
Vivant Corp. has secured three Golden Arrow recognitions for the second consecutive year, extending its corporate governance awards streak to five years as the Philippine energy and water group highlights accountability and long-term business stewardship.