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.
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 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.
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.
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.
Arthaland Corporation, the property developer headed by the Po family, said Tuesday it has been fined P746,616 by the Securities and Exchange Commission for violating the Revised Securities Regulation Code.
The Bangko Sentral ng Pilipinas (BSP) has issued an advisory cautioning the public to be careful when transacting with Bangko Maharlika Ltd., which currently uses the business name “The Bank of Humanity.”
Globe has teamed up with e& Carrier & Wholesale Services, the global wholesale arm of technology group e&, to deliver safer, more reliable international voice services for users worldwide, especially Overseas Filipino Workers, their families, and local businesses.