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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Davao del Norte cacao returns to export market after decade

Davao del Norte has reclaimed its place in the global cacao trade, exporting premium fermented cacao beans for the first time in more than a decade in a breakthrough that could open new opportunities for Philippine farmers in high-value overseas markets.

Alliance Select names food industry veteran as GM

Alliance Select Foods International Inc. has appointed food industry executive Kirby J. Rasos as its new general manager, tapping a veteran business leader to oversee daily operations as the listed seafood processor pursues its next phase of growth.

BSP eyes digital currency to speed up bank transactions and lower costs

The Bangko Sentral ng Pilipinas (BSP) has completed a major assessment of its digital currency pilot, identifying large-value cross-border payments and financial securities settlements as the most promising uses for a wholesale central bank digital currency (wCBDC).

Philippines takes center stage at China-ASEAN  trade expo

The Philippines will take the spotlight at next year's China-ASEAN Expo after being named Country of Honor for the 23rd CAEXPO, giving local businesses a prime platform to expand trade, attract investments and strengthen commercial ties across the region.

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