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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The great fork heist and other national priorities

At long last, the public can sleep soundly. The National Capital Region Police Office has announced the arrest of a 43-year-old man accused of attempting to make off with 26 forks and seven silver spoons from a Manila hotel—the estimated value of the alleged loot is P12,658.14.

Salmon implements proactive security measures to counter rising digital fraud

Salmon, one of the country’s leading fintech applications, has strengthened its security infrastructure to address the growing complexity of fraud threats in the Philippines.

PH, Denmark launch project to modernize offshore fishing industry

The Department of Agriculture (DA) has partnered with Denmark to introduce a pilot project aimed at modernizing the Philippines’ offshore fishing sector. Signed through the Bureau of Fisheries and Aquatic Resources (BFAR) and the Danish Fishing Technology Cluster, this cooperation marks a new milestone as both countries celebrate 80 years of diplomatic relations.

Delivery complaints drop 88% as DICT expands digital reforms

The Department of Information and Communications Technology (DICT) reported Thursday that complaints against courier services have fallen by nearly 88 percent over six months, thanks to its Oplan Bantay Padala initiative.

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