Tag: GDP

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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.

PSEi steady above 6,000 amid mixed signals

Markets Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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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Meralco, UPEEP training engineers for solar, nuclear energy future

Energy & Mining 0
Manila Electric Company (Meralco), led by Manuel V. Pangilinan, has signed a cooperation agreement with the United Professional Electrical Engineers of the Philippines (UPEEP) to raise professional standards in electrical engineering.

GCash expands digital giving as donations surge nationwide

Social Responsibility & Sustainability 0
GCash is widening its digital philanthropy platform after raising more than P8 million for earthquake relief efforts in Mindanao and adding 14 new non-government organizations (NGOs) to its in-app donation hub, GBayanihan.

Philippines wins first $6.78M GCF-2 grant in Asia-Pacific

Environment 0
The Philippines has become the first country in Asia and the Pacific to secure readiness funding under the Green Climate Fund's (GCF) second replenishment cycle, winning a USD6.78 million grant that is expected to strengthen its ability to attract larger climate investments in the years ahead.

IFC backs UnionBank’s debut sustainability bond issue

Banking & Insurance 0
The International Finance Corp. (IFC) is investing USD100 million in Union Bank of the Philippines through the bank's inaugural sustainability bond, marking another step in efforts to deepen the Philippine capital market while expanding financing for micro, small and medium-sized enterprises (MSMEs) and environmentally sustainable projects.

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