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.
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.
DHL is bringing its GoTrade initiative closer to small and medium-sized enterprises (MSMEs) in the Philippines as the growth of digital commerce and shifting supply chains open up opportunities for smaller businesses to reach international markets.
The Department of Agriculture (DA) expects farm output to slow in the second half of the year as the Southwest Monsoon and a possible strong El Niño threaten production.
GIGIL partners Badong Abesamis, Herbert Hernandez, and Jake Yrastorza have been recognized at The Business Manual CEO Awards 2026 in Bonifacio Global City, Taguig, for their bold, unconventional, and uniquely Filipino approach to creativity. The three were among 10 visionary leaders celebrated at the event, which carried the theme “Recognizing Vision. Celebrating Leadership. Shaping What’s Next,” honoring trailblazers and change-makers across various industries.