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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PSAC seeks P1B yearly for 100 Filipino scholars abroad

The Private Sector Advisory Council (PSAC) is proposing a P1-billion annual government allocation to send 100 top-performing Filipino students to leading universities overseas, with scholars required to return home and put their expertise to work in the Philippines.

Jobless Filipinos surge to 2.86M in September 

The number of unemployed Filipinos surged to 2.86 million in September 2026 as employment growth failed to keep pace with an expanding labor force, pushing the jobless rate to its highest level in recent months.

Palay, corn slump drags Philippine farm output down 5% in Q3

A sharp contraction in palay and corn production dragged Philippine agriculture and fisheries output down 5 percent in the third quarter of 2026, outweighing gains in livestock and poultry and underscoring the uneven recovery across the country's food-producing sectors.

D&L earnings climb 15% as food ingredients’ margins recover

A strong recovery in food ingredients margins and a shift toward higher-margin specialty products lifted D&L Industries Inc.'s net income by 15 percent to P2.2 billion in the first nine months of 2026, helping the manufacturer weather higher financing costs, peso weakness, and geopolitical uncertainty.

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