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.
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.
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.
Globe Telecom, with Elon Musk’s Starlink, has launched satellite-to-mobile service in South Cotabato, Sultan Kudarat, and Sarangani following a magnitude 7.8 earthquake. Approved quickly by the NTC, it is Globe’s first use of this tech for emergency response in the country.
St. Peter Life Plan and Chapels announced immediate help for families hit by the magnitude 7.8 earthquake that struck southern Mindanao on June 8, 2026.
MUFG Bank and Security Bank hosted the third annual MUFG NOW Manila 2026, bringing together government, finance, and industry leaders to discuss sustainable development, energy security, and investment.
Manila Electric Company (Meralco), through its One Meralco Foundation (OMF), has launched relief operations after a strong earthquake hit Southern Mindanao.