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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Security Bank Group wins 9 sustainable infrastructure finance awards 

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Security Bank Corporation and its investment banking arm Security Bank Capital secured nine honors at The Asset Triple A Sustainable Infrastructure Finance Awards 2026. The awards recognize their work funding key Philippine projects across clean energy, water, and transport. The group took top prizes including Asia-Pacific Deal of the Year and Project Finance Deal of the Year for the historic PHP150 billion Terra Solar loan, which backs what is set to be the world’s largest integrated solar and battery facility. They also earned awards for hydro power schemes, Southeast Asia’s first water sector green equity IPO for Maynilad, and a major bond issuance for Metro Pacific Tollways. Officials said the wins reflect their commitment to building critical infrastructure and advancing the country’s renewable energy shift.

SM Prime opens first China hotel in Xiamen

Property 0
SM Prime Holdings Inc. has expanded its business in Xiamen, China, launching its first hotel in the country last month. The 325-room Voco Xiamen SM City connects directly to SM Xiamen, the group’s first property in China opened 25 years ago. Worth about 450 million yuan or P4 billion, it sits near a metro station and is close to Xiamen’s airport and railway station. SM Prime president Jeffrey C. Lim said the project turns the complex into a full lifestyle destination, taking advantage of China’s growing tourism market and new government support policies. Xiamen is also the hometown of SM group founder Henry Sy Sr.

URC earns top honors from leading Hong Kong retailers PARKnSHOP and 7-Eleven

Corporate Bulletins 0
Universal Robina Corporation has secured key recognitions from two of Hong Kong’s biggest retail chains, PARKnSHOP and 7-Eleven, marking a major step forward in the company’s international expansion and localization efforts.

Philippines, US eye year-end Pax Silica investment pact

Trade & Investments 0
The Philippines and the US are racing to seal a framework agreement for the proposed Pax Silica technology hub in New Clark City before year-end, a move that could unlock one of Southeast Asia's biggest platforms for artificial intelligence, semiconductor, and advanced manufacturing investments.

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