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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EMS Group boosts capacity to fuel AI boom

Artificial intelligence is pushing local manufacturing to the limit. Electronics manufacturing giant EMS Group is rolling out an aggressive, multi-year capacity expansion to keep pace with skyrocketing demand for artificial intelligence hardware.

Peso, stocks brace for volatile week ahead

The peso and Philippine equities enter Monday facing another potentially volatile week as investors weigh persistent inflation pressures, softer growth prospects and expectations of further monetary tightening.

Taiwanese manufacturer puts $1.5B into Clark

A Taiwanese manufacturing company is committing up to USD1.5 billion to build a major facility in New Clark City, bringing a potentially large export and jobs boost to the Philippines’ industrial sector.

Hung claims maiden Asian Tour title with dramatic Taiwan Masters finish

Chinese-Taipei’s Hung Chien-yao captured his maiden Asian Tour title at the Mercuries Taiwan Masters on Sunday, sinking a clutch 20-foot birdie putt on the final hole to defeat Australia’s Wade Ormsby by one stroke after nearly surrendering a commanding lead.

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