Tag: GDP

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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.

PSEi steady above 6,000 amid mixed signals

Philippine equities held their footing above the 6,000 level as caution continued to dominate trading, with analysts balancing global headwinds against pockets of domestic resilience.

Philippines tops ASEAN tourism GDP, jobs race

The Philippines has emerged as ASEAN’s top tourism economy, leading the region in tourism’s contribution to gross domestic product and ranking among the strongest job creators, according to the 2025 World Travel and Tourism Council (WTTC) Economic Impact Report.

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Rice imports rise 20% over six months; DA vows measures to protect local farmers

The Philippines imported 2.75 million metric tons of rice in the first six months of 2026, a 20.1 percent increase from the 2.29 million MT recorded in the same period last year, the Department of Agriculture (DA) announced Wednesday in Quezon City.

Meralco on standby for power issues amid super typhoon threat

The Manila Electric Company (Meralco) has assured customers its teams are fully prepared to respond to any power outages caused by Super Typhoon Inday (international name Bavi) and the intensified southwest monsoon.

Jollibee Group leads PH Sustainability Rankings again

Jollibee Group has ranked first among Philippine companies in the Brand Finance Sustainability Perceptions Index for the second year running, leading across all environmental, social and governance categories.

Grab PH cuts EV charging costs for drivers, partners, top operators

Grab Philippines has entered into strategic partnerships with leading EV charging operators ACMobility and EVOxCharge that  aim to expand charging access for electric taxi and TNVS driver-partners on the Grab platform while lowering charging costs by as much as 45 percent.

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