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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Lucio Tan Group taps First Gen for over 32 MW of geothermal power on major shift to clean energy 

Diversified conglomerate Lucio Tan Group (LTG) has partnered with leading renewable energy producer First Gen, marking its strategic move to diversify energy sources and reduce dependence on fossil fuels.

AppleOne Medical Group launches specialized heart institute in Davao

Brokenshire Medical Center (BMC) has officially opened the BMC Heart Institute, a complete cardiovascular care facility that marks a major step in AppleOne Medical Group’s (AMG) efforts to improve healthcare across the Visayas and Mindanao (VisMin) regions.

AboitizPower breaks ground on 60-MW Naga project to boost Visayas grid reliability

Aboitiz Power Corporation has officially started construction of its Naga Battery Energy Storage System (BESS), a major facility designed to strengthen power supply stability and meet rising energy demand across the Visayas region.

Court upholds SOCOTECO II rejection of Meralco proposal

A South Cotabato regional trial court has dismissed a petition seeking to overturn the South Cotabato Electric Cooperative II (SOCOTECO II) board's rejection of Manila Electric Co.'s proposed joint venture, ruling that the dispute falls under the jurisdiction of the National Electrification Administration (NEA).

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