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.
Geely Motor Philippines (GMP) sold 1,023 vehicles in September 2026, marking its first monthly sales tally above 1,000 units since Geely Auto International took direct control of its Philippine operations.
A Philippine Eagle has survived three airgun pellets lodged inside her body. For a bird built to rule the canopy, it is a strangely undignified way to meet the human world.
The Department of Agriculture - Bureau of Fisheries and Aquatic Resources (DA-BFAR) has provided more than P14 million in fisheries and aquaculture assistance to coastal communities in Sorsogon, including fish cages, fiberglass boats and seaweed-processing equipment.