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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PHILEXPORT seeks e-invoicing delay to protect exporters

Trade & Investments 0
The Philippine Exporters Confederation, Inc. (PHILEXPORT) is urging the Bureau of Internal Revenue (BIR) to defer mandatory electronic invoicing for one year, warning that a year-end rollout could strain exporters and disrupt supply chains.

XPENG enters Philippine market with six EV variants

Mobility 0
Chinese electric vehicle maker XPENG has officially entered the Philippine market, launching six variants across two models as it expands its footprint in Southeast Asia.

St. Luke’s adds laser system for faster vision correction

Education, Health & Science 0
St. Luke’s Medical Center–Global City has introduced the VisuMax 800 femtosecond laser system, expanding its range of advanced vision correction procedures and enabling laser treatment in seconds per eye.

Lopez lifts PUV fare adjustment freeze; new rates start September 28

Transport & Logistics 0
Transportation Secretary Giovanni Lopez has officially ended the moratorium on public utility vehicle fare adjustments, acting on the Land Transportation Franchising and Regulatory Board’s recommendation to restore rate changes put on hold last March. The new fares take effect this coming Monday, September 28, responding to sustained high fuel costs that have strained the sector.

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