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.
DigiPlus Interactive Corp. earned P8.9 billion in the first nine months of 2026, as improved cost efficiency helped cushion a 17-percent decline in net gaming revenue amid a weaker economic environment.
Philippine manufacturers tightened their purchasing activity in October as weak demand continued to drag on production and hiring, underscoring the gap between businesses’ improving outlook and the still-fragile state of factory orders.
Hotel101-Madrid, the 680-room global prototype of DoubleDragon’s standardized hospitality model, posted record monthly recurring revenue of EUR2.93 million, or about USD3.28 million (P209 million), in October as it neared full occupancy.
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is pitching Canadian energy companies on a role in powering a planned defense and industrial hub on Luzon’s eastern seaboard, betting that reliable electricity will be as important as land and logistics in attracting investors.