Tag: GDP

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Middle East tensions, El Niño cloud Philippine growth outlook

Economy Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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

Markets Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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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Meralco: No disconnection for pending billing complaints, ERC suspension in force until July

Energy & Mining 0
Meralco clarified that customers with pending billing disputes will not have their power cut, and do not need to pay the contested amount while their cases are being reviewed. The announcement follows recent social media concerns over billing issues. The firm also noted that the Energy Regulatory Commission’s nationwide suspension on disconnections for all unpaid bills from May to July 2026 remains in effect. Meralco urged customers to raise questions through official channels, adding that all concerns are being assessed and resolved promptly.

Globe keeps mobile lead, drives data and personalized service growth

Communications & Technology 0
Globe has maintained its top position in the Philippine mobile market, boosted by ongoing investments in network quality, customer experience and new technologies.

Security Bank backs Bataan solar project as sole lender, partners with global climate investors

Banking & Insurance 0
Security Bank Corporation has served as the sole lender for the 17.4 MW Solana Solar Beta solar power facility in Hermosa, Bataan. Developed by SSBI under CN Green Roof Asia, the project will generate around 35.5 gigawatt-hours of clean electricity yearly, supplying 10 MW under a 20-year deal with Peninsula Electric Cooperative (PENELCO).

The seaside tree hiding the next skincare goldmine

Lifestyle 0
Scientists have found that the humble bitaog tree—also known as Palo Maria, Tamanu Tree, Dangkalan, or Alexandrian laurel—that are common along Philippine coastlines and often overlooked, produces an oil rich in compounds prized by the skincare industry. 

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