Tag: GDP

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Tourism’s GDP share eases as spending slips

The Philippines’ tourism sector posted a more nuanced performance in 2025: employment continued to rise, but its overall economic footprint softened, pointing to a recovery that is steady in participation but uneven in value generation.

Philippine economic growth faces fragile, conditional outlook

 The Philippine economy is entering 2026 on uneven footing, with growth expected to slow slightly and risks looming large, economist Jonathan Ravelas said on Wednesday.

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.

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PH pushes unified corporate emissions reporting to unlock climate finance 

The Philippines is pushing for standardized corporate greenhouse‑gas reporting to fix fragmented emissions data, help local businesses access climate finance, and keep up with global trade requirements, DENR Undersecretary Analiza Rebuelta‑Teh said during the COP 31 forum in Turkiye.

Aznar heir steers family shipping firm toward IPO

The last instruction Atty. Alexander Aznar gave his only son from his hospital bed was not about family, health, or succession. It was about work.

Marcos targets completion of 19 ASEAN economic deliverables by yearend

The Philippines aims to complete all 19 priority economic deliverables of its ASEAN chairship by yearend, President Ferdinand Marcos Jr. said, citing progress in digital trade and regional cooperation as the bloc confronts shifting global trade relationships and geopolitical tensions.

US flights recover after nationwide air traffic shutdown 

US airlines scrambled Saturday to restore disrupted schedules after a four-hour nationwide flight grounding triggered by an air traffic control network failure, with thousands of cancellations and delays expected to ripple through the weekend.

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