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.
Avida Land is building climate resilience into its residential projects, using flood assessments, stormwater controls, and water- and energy-efficient features to reduce property risks as extreme weather becomes more frequent and severe.
Shell Pilipinas Corporation and Yanson Group of Bus Companies have renewed their fuel supply agreement for the second half of 2026, extending a long-standing partnership critical to public transport. Through Shell Fleet Solutions, Shell will continue supplying fuel and mobility support to Yanson’s operations across major Visayas and Mindanao routes.
Globe amplifies customer appreciation this 917 GDay 2026 through the return of G Raffle Rush, offering prizes ranging from daily essentials and treats to travel packages, a brand-new BYD Atto 2 DM-i Premium car, and Avida residential properties including a house and lot and a one-bedroom condo unit.
Customers of Manila Electric Company (Meralco) are set to benefit from back-to-back rate reductions as the utility announced another decrease of P0.0409 per kWh in the electricity rate this September.