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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DMCI Mining eyes P6.8B from Long Point

DMCI Mining Inc. expects its Long Point nickel project in this coastal town of Palawan to become a major revenue driver as production builds up at a mineral resource far larger and potentially richer than its recently decommissioned Berong Nickel Mine.

Security Bank staff paint Iloilo school classrooms, advancing education goals

Fifty-one Security Bank employees from six local branches volunteered August 1, 2026, to paint new classrooms at Iloilo City National High School (ICNHS), supporting the Security Bank Foundation (SBFI)’s education and nation-building mission.

Globe brings year-round rewards to 917 GDay under “Love Overload” initiative

Globe is expanding its annual 917 GDay celebration beyond September, turning customer appreciation into a year-round experience under the "Love Overload" framework unveiled at the recent Blueprint by Globe event.

Cashback, perks and deals for Metrobank customers this September

Metrobank marks its 64th anniversary with a full month of rewards, cashback offers, and financial perks spanning everyday spending, travel, shopping, dining, savings, and major life milestones, all designed to deliver real value to customers.

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