Tag: GDP

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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.

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.

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Pax Silica hub targets USD 200B exports

The planned Pax Silica industrial hub in New Clark City is targeting its first 10 to 20 locators within five years of construction, with an ambitious goal of generating as much as USD200 billion in exports over a 30-year development period.

Philippines reserves hold above $100B in July

The Philippines’ gross international reserves (GIR) remained above the psychologically important USD100-billion mark in July, providing the country a sizable external cushion even as the stockpile edged lower during the month. 

Ateneo welcomes UAAP ruling, says Blue Eagles’ return marks healing journey

ATENEO de Manila University on Friday welcomed the UAAP’s...

Ateneo eligible to compete in Season 89 — UAAP Board

The University Athletic Association of the Philippines has cleared Ateneo de Manila University to compete in Season 89 despite the June 8 team-building tragedy in Dipaculao, Aurora that claimed the lives of student-athletes Rene Clert Baterbonia and Chukwuemeka Divine Adili, while imposing a lifetime ban on former Blue Eagles head coach Thomas Anthony Baldwin and suspending seven other members of the team’s coaching and support staff.

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