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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Espanol sparks Gilas comeback, books 3×3 World Cup ticket

Amyah Izabel Espanol saved her best six points for when Gilas Pilipinas U23 Women needed them most. On a Sunday.

Clark manufacturing hub seeks long-term Pax Silica commitments

The Philippines is seeking long-term investment commitments for a planned advanced manufacturing hub in Clark to ensure the project survives potential policy shifts after presidential elections in the Philippines and the US.

Travel demand seen rebounding in Q4

The Philippine tourism industry is poised for a stronger finish to 2026 as stabilizing fuel prices and pent-up demand encourage Filipinos to revive trips postponed earlier in the year, with cruises and emerging destinations expected to gain momentum.

PSEi rangebound as peso awaits BSP rate decision

Philippine financial markets are likely to remain cautious on Monday, with the PSEi expected to trade sideways as investors await the Bangko Sentral ng Pilipinas’ Aug. 27 policy decision and assess persistent inflation, currency, and growth risks.

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