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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BCDA puts livability first in estate overhaul 

The Bases Conversion and Development Authority (BCDA) is rethinking the future of two of its flagship properties—Bonifacio Global City (BGC) and Camp John Hay—by putting livability at the center of their next phase of development.

PNB atrengthens ties with JCB for global payment solutions

The Philippine National Bank (PNB) has formalized a partnership with JCB International (JCBI), Japan’s sole international payment brand, to offer more innovative and globally accessible financial services. The agreement was signed in May at Okada Manila.

Airbus unveils U145: Uncrewed variant of proven H145 helicopter

At the ILA Berlin Airshow, Airbus Helicopters launched the U145, an uncrewed version of its widely used H145 model, displaying a full-scale mock-up of the new aircraft.

Cyber threats surge ahead of FIFA World Cup 2026

Starting June 11, the FIFA World Cup 2026 will draw massive global attention, but it has also become a prime target for cybercriminals who have already built extensive malicious infrastructure to exploit fan excitement and high digital activity.

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