Tag: GDP

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Zobel eyes 5% growth, rebound as risks ease

Jaime Augusto Zobel de Ayala, chairman of Ayala Corp., struck a cautiously optimistic tone on the Philippines’ economic outlook, projecting a rebound as near-term risks begin to ease and structural strengths remain intact.

IMF slashes Philippines 2026 growth outlook sharply

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.

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.

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SAFC surpasses P2 billion in loans as demand grows

SAFC surpassed P2 billion in loan releases in the first half of 2026, underscoring resilient demand for consumer and small business financing as more Filipinos tapped credit to purchase vehicles, expand enterprises, and support household incomes despite a challenging economic environment.

EV incentive applications targeted to open in September

The government is aiming to open applications for its flagship Electric Vehicle Incentive Strategy (EVIS) by September, as it moves to finalize the implementing rules and regulations of the incentive program designed to attract large-scale investments in electric vehicle manufacturing.

Meralco Power Academy holds career talk for DLSU students

Around 500 engineering students from De La Salle University (DLSU) Manila joined the Meralco Power Academy’s (MPA) PowerConvos series to prepare for careers in the energy sector.

Retailers told to embrace AI without losing human touch

The Philippine Retailers Association (PRA) on Thursday urged businesses to accelerate their adoption of artificial intelligence while ensuring that technology complements, rather than replaces, the human connections that underpin customer loyalty.

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