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.
House prosecutors said they found gaps in Vice President Sara Duterte’s annual Statements of Assets, Liabilities and Net Worth (SALNs) from 2022 to 2025, the first four years of her six-year term, with the highest alleged gap reaching P98 million in 2023.
The Philippines is fast-tracking tax treaty updates to cut cross-border tax uncertainty and make the country more competitive for international investment.
The Energy Regulatory Commission (ERC) is laying the groundwork for a major expansion of consumer choice in the Philippine electricity market, with household customers potentially able to choose their power supplier by 2031.
The Philippine National Bank and Luna Securities Inc. have partnered to expand digital access to the Personal Equity and Retirement Account or PERA program, making retirement investing simpler and more reachable nationwide. Through PNB’s Trust Banking Group and Luna—an accredited PERA Administrator—investors can now open, manage, and redeem PNB PERA products entirely via Luna’s digital platform, no branch visit needed.