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.
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.
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 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.
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.
Grab Philippines and MOVE IT are expanding healthcare support for gig workers through a partnership with Maxicare, giving eligible driver-, rider-, and delivery-partners access to free, unlimited medical consultations starting November 2026.
The Credit Information Corp. (CIC) has remitted P169.64 million in dividends to the National Government, marking the state-run credit information agency’s first payout since its establishment in 2008.
The Department of Agriculture (DA) is leveraging the ongoing 3rd Kadiwa ng Pangulo Expo to unlock broader market opportunities for local farmers and fisherfolk.
The Department of Energy (DOE) announced that 10 companies and 14 projects have passed pre-qualification for the country’s first mid-merit natural gas capacity auction, clearing the way for actual bidding soon.