Tag: GDP

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Zobel eyes 5% growth, rebound as risks ease

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.

IMF slashes Philippines 2026 growth outlook sharply

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.

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.

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BIR, Ayala partner to develop AI-powered Tax AI Assistant

The Bureau of Internal Revenue (BIR), led by Commissioner Charlito Martin R. Mendoza, and Ayala Corporation, represented by Karl Kendrick Chua, Data Science and Artificial Intelligence Group Head, signed a Memorandum of Agreement on August 25, 2026 for the AI-powered Terry the Tax AI Assistant designed to help BIR personnel retrieve, cross-reference, and analyze tax regulations, rulings, BIR issuances, and related tax materials more efficiently.

Globe Business bares self-healing network that cuts downtime, free IT teams for growth

As companies adopt more apps, cloud services, and connected tools, a steady, reliable network has become the backbone of daily operations—but growing complexity means IT teams now spend valuable hours chasing alerts, tracing faults, and fixing connections instead of building technology that drives business forward.

Fuel surcharges rise Sept. 1–15, lifting airfares and cargo costs across domestic and international routes 

Air passengers and cargo shippers will pay higher fuel surcharges starting September 1, pushing up total travel and shipping costs after the Civil Aeronautics Board (CAB) approved an increase to offset rising jet fuel prices.

SM Investments, DOST-PHIVOLCS team up to boost disaster resilience via GeoRiskPH tools

SM Investments Corporation, parent firm of the SM Group, has forged a partnership with the Department of Science and Technology–Philippine Institute of Volcanology and Seismology (DOST-PHIVOLCS) to integrate official hazard and risk data into the planning and management of its properties and operations nationwide.

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