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.
Globe has fully restored internet services hit by a disruption on the Philippines‑Singapore international subsea cable segment. Mobile and broadband customers who faced intermittent connectivity or slower speeds should now experience normal service.
The Gilas Pilipinas U18 women have already made the first climb. Now comes the steeper part, with a World Cup ticket waiting somewhere near the summit.
The Department of Human Settlements and Urban Development (DHSUD) is putting homeownership, private-sector participation and housing regulation in the spotlight as the country marks National Shelter Month 2026, amid efforts to accelerate housing delivery under the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) program.
Authorities are investigating the death of a critically endangered Philippine Eagle found near a power line in Salay, Misamis Oriental, following a discovery by a local farmer on October 1.