Tag: GDP

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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.

Economic Planning chief warns oil shock may worsen poverty, slow growth

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

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.

PSEi steady above 6,000 amid mixed signals

Philippine equities held their footing above the 6,000 level as caution continued to dominate trading, with analysts balancing global headwinds against pockets of domestic resilience.

Philippines tops ASEAN tourism GDP, jobs race

The Philippines has emerged as ASEAN’s top tourism economy, leading the region in tourism’s contribution to gross domestic product and ranking among the strongest job creators, according to the 2025 World Travel and Tourism Council (WTTC) Economic Impact Report.

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Locsin urges Padilla to reconsider Duterte support

Actress Angel Locsin has made a deeply personal appeal to Senator Robinhood Padilla to reconsider his support for the Duterte family, offering an early glimpse of how the impeachment proceedings against Vice President Sara Duterte are beginning to test relationships beyond politics. 

TransCo, IEMOP sign deal to manage RE incentive funds

State-run National Transmission Corp. (TransCo) and the Independent Electricity Market Operator of the Philippines (IEMOP) have signed an agreement formalizing how funds for renewable energy incentives are collected and handled.

ERC extends consumer protection measures until October

The Energy Regulatory Commission (ERC) has extended key consumer protection rules for the country’s electricity sector through to the end of October 2026, moving past the original end-of-month deadline.

NFA raises palay buying price, halts rice imports in Iloilo 

The Department of Agriculture has announced two key measures to support rice farmers: a higher minimum purchase price for palay and a temporary ban on rice import arrivals in Iloilo during the upcoming harvest period.

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