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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Converge eyes Pax Silica role as AI infrastructure expands 

Converge ICT Solutions Inc. is positioning itself to support the Philippines’ emerging artificial intelligence (AI) and advanced manufacturing ecosystem, as the proposed Pax Silica Industrial Hub creates potential demand for connectivity and computing infrastructure.

Cebu office demand tightens as firms plan expansions early

Cebu’s office market is tightening as outsourcing firms and other occupiers move to secure expansion space earlier, with limited availability in the city’s established business districts pushing some tenants to consider emerging locations.

Ayala launches ACX Retail for global brands 

Ayala Corp. is sharpening its push into Philippine retail with the launch of ACX Retail, a new platform designed to bring international consumer brands into the country and build them into long-term businesses.

Jollibee wins 11 Marketing Excellence Awards

Jollibee strengthened its standing as one of the Philippines’ leading consumer brands after winning 11 awards at the 2026 Marketing Excellence Awards, led by a Gold award for Marketing Team of the Year.

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