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.
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.
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 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.
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.
The National Power Corporation (NPC) has energized a new 69-kilovolt transmission line and a 5-megavolt amperes substation linking Mogpog and Buenavista in Marinduque, aiming to improve power reliability across the island province.
The Fertilizer and Pesticide Authority (FPA) has filed a criminal complaint against DQB Green Agricultural Products Trading owner Quiara Fabian Baterina for unauthorized fertilizer manufacturing in Makilala, North Cotabato.
Discovery Capital Finance Corp. (DCFC) has secured a new credit facility from BDO Unibank, boosting its capacity to finance small and medium enterprises (SMEs) as non-bank lenders play a growing role in narrowing the country's longstanding credit gap.
SM Prime Holdings Inc. strengthened its position as one of the country's leading advocates of accessible infrastructure after receiving 14 distinctions at the 31st Apolinario Mabini Awards, reflecting the growing importance of inclusive design in Philippine real estate.