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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ITC programs unlock $200M for Philippine MSMEs

International Trade Centre (ITC) programs have generated more than USD200 million in business and investment leads for Philippine micro, small, and medium enterprises (MSMEs), highlighting how targeted trade assistance is helping local firms break into global markets despite an increasingly uncertain trading environment.

UNIQLO blurs comfort and style with everyday essentials

The line between loungewear and everyday fashion continues to fade, and UNIQLO is betting that today's consumers no longer want to change outfits just because they're stepping outside.

BDO launches new peso sustainability bond offering

BDO Unibank Inc., the country’s largest lender by assets, is returning to the domestic debt market with a new peso-denominated fixed-rate sustainability bond offering worth at least PHP5 billion, marking its second sustainability bond issuance this year as the bank continues to expand funding for green and socially responsible projects.

SM Hotels taps veteran executive to drive commercial growth

SM Hotels and Conventions Corp. (SMHCC) has appointed hospitality veteran Melissa J. Carlos as vice president for commercial, strengthening its leadership team as the company expands its portfolio and sharpens its growth strategy in the increasingly competitive Philippine hospitality market.

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