Tag: GDP

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Tourism’s GDP share eases as spending slips

The Philippines’ tourism sector posted a more nuanced performance in 2025: employment continued to rise, but its overall economic footprint softened, pointing to a recovery that is steady in participation but uneven in value generation.

Philippine economic growth faces fragile, conditional outlook

 The Philippine economy is entering 2026 on uneven footing, with growth expected to slow slightly and risks looming large, economist Jonathan Ravelas said on Wednesday.

Zobel eyes 5% growth, rebound as risks ease

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

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

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.

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E-wallets increasingly used to move stolen money, Coins.ph warns

The use of e-wallets to funnel stolen money has more than doubled in a year, highlighting how fraudsters are exploiting legitimate financial platforms to move illicit funds, digital asset exchange Coins.ph warned.

APECO taps US firm to map Casiguran investment prospects

The Aurora Pacific Economic Zone and Freeport Authority (APECO) has enlisted US-based Planate Management Group to map investment opportunities and infrastructure requirements for its 12,923-hectare Casiguran ecozone, an initiative that could pave the way for US-backed project financing.

Yuchengco’s PetroGreen ties up with China’s Ming Yang in major Philippine offshore wind push

PetroGreen Energy Corp. (PGEC), the renewable energy unit of listed PetroEnergy Resources Corp. (PERC) led by the Yuchengco group, has entered a strategic partnership with China’s Ming Yang Smart Energy Group Ltd., one of the world’s top wind turbine makers, to advance offshore wind development in the country.

Kris Aquino brings star power to Shopee’s 11.11 shopping spectacle

Shopee is adding a familiar dose of star power to its 11.11 shopping campaign, tapping Kris Aquino to headline a two-day livestream showcase packed with celebrity appearances, product launches, and shopping deals ahead of Christmas.

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