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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Eleven power firms eye Meralco bidding for 900-MW supply deal

Energy & Mining 0
At least eleven power generation companies have expressed intent to bid for the 900-megawatt supply contract of Manila Electric Company, signaling strong market interest and competitive prospects for the distribution utility’s long-term power requirement.

Gov’t seeks global partners for Mindanao Railway

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The Philippines is reaching out to India and other international partners to secure financing for the Mindanao Railway Project, following the withdrawal of earlier financial support from China.

Semirara questions DOE bidding rules, cites harm to industrial policy success 

Corporate 0
Semirara Mining and Power Corporation has challenged the Department of Energy’s latest bidding rules, warning that the revised guidelines undermine the national government's intent to foster long-term industrial productivity and resource stability.

GoTyme urges mandatory open finance to challenge big banks

Banking & Insurance 0
GoTyme Bank is calling on the government to mandate open finance in the Philippines, arguing that resistance from established lenders is limiting consumers’ control over financial data and restricting access to affordable credit.

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