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.
Rising medical costs are putting more Filipinos at risk of a healthcare funding crunch, prompting Insular Life Assurance Co. Ltd. (InLife) to expand its health insurance offering for families seeking broader financial protection.
The Pasig River has long been a poster child for Metro Manila’s plastic problem. Now, scientists are asking residents to become part of the solution, one wrapper, bottle, and sachet at a time.
Prime Media Holdings Inc. has elected two seasoned lawyers as independent directors, strengthening its board with expertise in governance, constitutional law, litigation, and public policy.
Public and private sector leaders are pushing for a stronger pipeline of public-private partnership (PPP) projects in Central Visayas, as local governments seek to accelerate infrastructure delivery under the Philippine PPP Code.