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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World Trade Center Metro marks 30 years powering PH trade, eyes major expansion

World Trade Center Metro Manila (WTCMM) celebrated its 30th anniversary, bringing together clients, partners, stakeholders, and the business community to mark three decades of hosting local and international events and fueling Philippine industry growth.

PH taps ASEAN carbon market opportunities at COP31 for community-centered climate action

Philippine private‑sector groups have secured observer status at the ASEAN Common Carbon Framework (ACCF) during COP31 in Antalya, Türkiye, positioning the country to unlock climate finance for forest restoration, biodiversity protection, and local community livelihoods.

Globe Business powers PH’s first 1,400‑km bi‑directional telesurgery

Most advanced surgical care in the Philippines stays concentrated in major cities, leaving patients in Mindanao and other far‑flung regions forced to travel long distances, pay steep costs, and leave their families. In time‑sensitive cases, distance alone can worsen patient outcomes.

Foundever bags major honors at 2026 ACES Awards, recognizing workplace excellence, leadership, and community impact

Customer‑experience services leader Foundever secured three top recognitions during the 2026 Asia Corporate Excellence & Sustainability (ACES) Awards, marking another milestone for the company’s people‑centered operations and social‑impact initiatives.

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