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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Heirloom seeds offer old-school resilience for farmers 

In agriculture, the future may sometimes look surprisingly like the past. And some of the Philippines’ best climate insurance may be sitting quietly in an heirloom seed.

PAL 1H 2026 revenue up 5.9% but fuel cost surge drives net loss

Philippine Airlines (PAL) reported a 5.9 percent rise in first-half 2026 earnings, though a steep jump in fuel expenses pushed the country’s flag carrier to a net loss for the period.

Metrobank adds new safeguards as digital scams evolve

Metropolitan Bank & Trust Co. is strengthening its digital banking defenses with new security features designed to give customers greater control over their money as fraudsters become more adept at exploiting stolen credentials and human error.

US, Japan, Philippines court investors for Luzon corridor 

The US, the Philippines, and Japan will bring investors together in Manila in September as they seek to turn the Luzon Economic Corridor into a bigger magnet for private capital and strategic infrastructure projects.

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