Tag: GDP

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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.

Economic Planning chief warns oil shock may worsen poverty, slow growth

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.

Rate-cut expectations pull T-bill yields down

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.

PSEi steady above 6,000 amid mixed signals

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.

Philippines tops ASEAN tourism GDP, jobs race

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.

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BOI, MinDA team up to unlock investments 

The Board of Investments (BOI) and the Mindanao Development Authority (MinDA) have strengthened their partnership to fast-track investments and position Mindanao as a major driver of economic growth in the Philippines.

Alliance targets P141B revenue drain from illegal trade

A broad alliance of government agencies and industry groups is stepping up efforts to curb illicit trade, targeting an estimated P141 billion in lost revenues over the past two years through a coordinated enforcement and revenue-protection strategy.

InLife eyes wider reach after banner year 

InLife is stepping on the growth accelerator in 2026 after posting a strong 2025 performance, banking on wider insurance penetration, expanded employee benefits offerings, and faster digitalization to sustain momentum.

Eala topples another top seed, reaches Berlin semis

Less than 24 hours after stunning world No. 2 Elena Rybakina, Alex Eala returned to the Steffi Graf Stadium and claimed another prized scalp, defeating world No. 8 Elina Svitolina, 6-3, 6-4, to reach the first WTA 500 semifinal of her career.

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