Tag: GDP

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Distributor shifts from importer to manufacturer with new Batangas facility

Fly Ace Corp., long known as a distributor of imported food brands in the Philippines, is building a seven-hectare production facility at the LIMA Estate in Batangas. The project marks a major shift in the company’s strategy—from mainly importing and distributing goods to becoming a local manufacturer.

Telco unveils rewards program, turns points into daily essentials

Globe Telecom has unveiled its 2026 Rewards program, underscoring a stronger push to make customer loyalty more meaningful and practical as economic pressures persist.

Jollibee Group, DepEd launch SHS QSR program to boost youth employability

The Jollibee Group has partnered with the Department of Education (DepEd) to co-develop a new Senior High School (SHS) Quick Service Restaurant (QSR) Tech Pro elective under the country’s strengthened SHS curriculum.

DA readies P150-M fuel subsidy as oil nears $80 per barrel; says food supply steady

The Department of Agriculture (DA) said it has set aside P150 million for fuel subsidies if global oil prices average more than $80 per barrel for a month, a trigger meant to cushion farmers, fishers and public transport drivers from rising costs.

Revisions trim Q3 GDP growth to 3.9%

The Philippine economy grew slightly less than initially reported in the third quarter of 2025, after official data revisions shaved a tenth of a percentage point off headline growth.

Storms temper agriculture growth to 2.6% in 2025

The value of Philippine agricultural output rose to P1.77 trillion in 2025, up 2.6 percent from a year earlier—a solid showing that would have been stronger were it not for weather-related disruptions in the final quarter, data from the Philippine Statistics Authority showed.

Thousands lose jobs in brutal anti-graft war

President Ferdinand Marcos Jr.’s anti-corruption blitz in flood-control and public-works agencies was meant to clean house. Instead, it is triggering political, economic, and social tremors that now overshadow its stated purpose. The irony is hard to ignore: a campaign launched to restore trust is increasingly viewed as deepening uncertainty.

Philippine GDP remains one of Asia’s fastest growing in 2Q; growth 5.5%

The Philippine economy expanded by 5.5 percent year-on-year in the second quarter of 2025, the Philippine Statistics Authority reported, reflecting sustained domestic activity across sectors.

T-Bill yields mixed as slew of data loom

Treasury bill yields moved mostly lower at Monday’s auction, as investors braced for a raft of key economic reports that could influence future monetary policy direction.

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Telco unveils rewards program, turns points into daily essentials

Globe Telecom has unveiled its 2026 Rewards program, underscoring a stronger push to make customer loyalty more meaningful and practical as economic pressures persist.

Jollibee Group, DepEd launch SHS QSR program to boost youth employability

The Jollibee Group has partnered with the Department of Education (DepEd) to co-develop a new Senior High School (SHS) Quick Service Restaurant (QSR) Tech Pro elective under the country’s strengthened SHS curriculum.

DA readies P150-M fuel subsidy as oil nears $80 per barrel; says food supply steady

The Department of Agriculture (DA) said it has set aside P150 million for fuel subsidies if global oil prices average more than $80 per barrel for a month, a trigger meant to cushion farmers, fishers and public transport drivers from rising costs.

HD Hyundai expands $2B Philippine shipyard hub

HD Hyundai Heavy Industries is expanding in the Philippines, executing nearly USD2 billion in maritime projects while expanding its industrial footprint in Subic, a top executive announced at the Philippines–Korea Business Forum.
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