Tag: GDP

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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.

Philippine GDP growth slows, services carry economy

The Philippine economy ended 2025 on a softer note, with gross domestic product growing 3.0 percent year on year in the fourth quarter, bringing full-year growth to 4.4 percent, according to data from the Philippine Statistics Authority. The figures point to an economy that is still expanding—but unevenly, with clear winners and laggards.

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Regulators push credit-linked parametric insurance to boost climate-resilient lending

The Bangko Sentral ng Pilipinas (BSP) and Insurance Commission (IC) said that combining parametric insurance with loans can expand financing to climate-vulnerable sectors like agriculture, fisheries, and micro, small, and medium enterprises (MSMEs), while strengthening the financial system’s ability to manage risks.

Fewer babies, weddings reshape Philippine economy

The Philippines is producing fewer babies, hosting fewer weddings, and recording fewer deaths,  a demographic trifecta that economists say could gradually reshape consumer spending, labor markets, and long-term economic growth.

Chinese firm backs push for Philippine EV brand

A Chinese automotive engineering company is exploring a partnership to help develop a Philippine electric vehicle (EV) brand, signaling fresh momentum behind Manila’s drive to localize the country’s fast-growing EV industry.

Filipina tennis star Alex Eala serves up Forbes honor

 Filipina tennis wunderkind Alexandra Eala just scored another ace—landing a coveted spot on Forbes’ 2026 “30 Under 30 Asia” list. At 20, she’s proving that tennis isn’t just about rackets and serves—it’s about breaking records and turning heads worldwide.

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