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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GCash, Wovoka launch million-tree drive for climate, livelihood 

GCash's sustainability platform GForest and climate technology developer Wovoka Philippines have launched a five-year initiative to plant more than one million native trees and mangroves, tapping digital finance to accelerate ecosystem restoration while creating green jobs in climate-vulnerable communities.

Mitsubishi partners  with government to deepen PH investment 

Mitsubishi Motors Philippines Corp. (MMPC) is strengthening ties with key government agencies as it moves to streamline vehicle imports and lay the groundwork for future investments, including the local production of hybrid electric vehicles.

Globe gets NTC approval for national Starlink satellite-to-mobile service

Globe Telecom Inc. has received official approval from the National Telecommunications Commission (NTC) to commercially operate Starlink’s satellite-to-mobile services across the Philippines. This permit, signed by NTC Commissioner Ella Blanca Lopez, aligns with the government’s goal to advance digital transformation and close the digital divide nationwide.

Meralco energizes new substation in Cavite

Manila Electric Company (Meralco) has placed the new Osorio (Conchu) Substation into operation. This project adds 83 megavolt amperes of capacity and upgrades key equipment to improve power reliability in Trece Martires City and General Trias.

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