Tag: GDP

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Zobel eyes 5% growth, rebound as risks ease

Economy Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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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Mynt IPO draws surge of local demand, boosting market and financial inclusion 

Corporate 0
Mynt Inc., operator of GCash, has drawn exceptionally strong domestic interest for its upcoming initial public offering, with state-run pension funds GSIS and SSS among those seeking shares, and lead arranger BDO Capital urging that more stock be set aside for local investors.

Rice imports set to exceed 5 million MT, surpassing 2024 record

Agriculture 0
The Department of Agriculture confirmed that rice imports are on track to surpass 5 million metric tons this year, a figure that would exceed the previous all-time high of 4.81 million MT recorded in 2024.

Metro Manila office demand eases in Q3; tenants shift to knowledge, health sectors

Property 0
Prime Philippines reports office demand softened slightly in the third quarter, with total space rented edging down to 53,200 square meters from 53,300 square meters in the previous three months.

P2.7-B Bayad Center stake sale to Kayana on track for April 2027 full settlement

Corporate 0
The Manila Electric Co. (Meralco) confirmed Wednesday it expects to complete full payment for the P2.7-billion sale of its combined stake with subsidiary Corporate Information Solutions Inc. (CIS) in CIS Bayad Center Inc. to Kayana Solutions Inc. by April next year.

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