Tag: GDP

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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.

PSEi steady above 6,000 amid mixed signals

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

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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Aboitiz leads PH power generation market share – ERC data

Data from the Energy Regulatory Commission (ERC) in June shows that Aboitiz Equity Ventures Inc. (AEV) holding the largest share of the power generation market at 24.30 percent, equivalent to 6.85 million kilowatts.

Sugar industry welcomes closure of bioethanol import loophole

The United Sugar Producers’ Federation of the Philippines (Unifed) has welcomed new guidelines from the Department of Agriculture (DA) and Sugar Regulatory Administration (SRA) that closes a regulatory loophole affecting imports of sugar-based feedstocks for bioethanol production.

Mixed fuel price adjustments expected this week

The various fuel retailers indicate mixed price adjustments for gasoline and diesel will take effect this week.

DA allocates funds and launches programs to preserve Ifugao rice terraces

The Department of Agriculture (DA) is stepping up efforts to protect the Ifugao Rice Terraces, a UNESCO World Heritage Site, from threats including climate change, aging infrastructure, and shifting farming practices. Agriculture Secretary Francisco Tiu Laurel Jr. led an assessment visit to Banaue and Batad Rice Terraces over the weekend to review conditions and consult with local farmers and officials.

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