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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Filreit net income climbs 34% in first half of 2026

Corporate 0
Filinvest REIT Corp., or Filreit, the real estate investment trust of the Gotianun group, reported on Tuesday that its net income for the first six months ending June rose 34 percent to P874 million, up from P650.74 million in the same period a year earlier.

Maynilad targets lower water losses through infrastructure investments

Corporate 0
Maynilad Water Services Inc. aims to reduce its non-revenue water (NRW) to 27 percent by the end of 2026 as continued investments in pipe rehabilitation, smart water management and network upgrades improve efficiency while making the utility more resilient to drought.

Solane expands retail network with new Iloilo LPG showroom, terminal

Energy & Mining 0
Solane is expanding its retail footprint and strengthening its distribution network with the opening of a new Park N’ Order concept showroom and an integrated LPG terminal in Leganes, Iloilo, as the company invests in improving customer convenience and ensuring a more reliable supply of cooking gas in Western Visayas.

Visa, Mastercard launch Apple Pay in Philippines today

Banking & Insurance 0
Visa and Mastercard have officially rolled out Apple Pay in the Philippines, giving eligible cardholders a new way to make contactless payments as digital wallets gain further traction in the country's shift toward a cash-lite economy.

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