Tag: GDP

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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.

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.

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VinFast expands EV footprint with stronger support

VinFast Philippines is strengthening its foothold in the country’s growing electric vehicle (EV) market by expanding its dealership and after-sales network, betting that easier access to service, parts, and charging will help drive wider adoption.

PDIC recognized for strengthening Philippine banking industry

The Philippine Deposit Insurance Corp. (PDIC) has been recognized by the Bankers Institute of the Philippines (BAIPHIL) as one of its most active member institutions, underscoring the deposit insurer’s support for professional development and a stronger Philippine banking industry.

Visa, UMSI widen digital payments for MSMEs

Visa and USSC Money Services Inc. (UMSI) are taking digital payments deeper into the Philippine MSME market with a smartphone-based solution that lets small businesses accept card payments without buying a traditional point-of-sale terminal.

iSON’s $300M Philippine investment broadens digital push 

Global technology and infrastructure company iSON is moving ahead...

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