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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PH-EU FTA talks conclude

BPI wins dual honors at The Asset Triple A Treasurise Awards 2026

The Bank of the Philippine Islands has earned two prestigious distinctions at The Asset Triple A Treasurise Awards 2026, confirming its leadership in treasury, working capital, and risk management across the country.

Reddit, Discord have 24 hours to set up local presence; compliance tied to child safety, real-world violence links

The Cybercrime Investigation and Coordinating Center (CICC) has issued a 24-hour directive for Reddit and Discord to establish local representation, stepping up state oversight after three school shootings in recent months were linked to harmful online activity.

BIR tax relief clears P84.5M in micro liabilities

The Bureau of Internal Revenue’s (BIR) tax abatement program for micro taxpayers has cleared P84.5 million in taxes and penalties in its first two months, giving small businesses a cheaper way to settle old liabilities and return to compliance.

Coffee chain hits 130 Kuwait cafés in 20-year growth run

The Coffee Bean & Tea Leaf® (CBTL) and partner Al-Ghunaim Trading Co. have opened their 130th café in Kuwait, capping more than two decades of expansion that has turned a single Salmiya outlet launched December 16, 2004 into one of the country’s top premium café brands.

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