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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Ayala earmarks P5 billion for bigger ALI stake

Ayala Corp. has set aside P5 billion to buy additional shares in Ayala Land Inc. (ALI), signaling continued confidence in the property giant as the conglomerate expands its share buyback program amid subdued market valuations.

EastWest backs top teachers as exclusive partner of TOGA 2026

East West Banking Corporation served as the exclusive bank partner for JCI Manila’s 5th Ten Outstanding Guro Awards (TOGA 2026), an event held at PHINMA Plaza in Makati City to honor exceptional Filipino educators whose work transforms lives and communities nationwide.

Citi launches world-first tokenized depositary receipts for private company investments

Global banking giant Citi has rolled out a new market-leading solution: tokenized digital depositary receipts for private company shares. This makes Citi the first global financial firm to both issue and act as custodian for this type of instrument, creating a clearer, more direct way for private businesses and investors to connect.

LPU Cavite joins First Gen clean energy pact, completing four-campus shift to geothermal power

Lyceum of the Philippines University (LPU) has expanded its partnership with leading local renewable energy firm First Gen, bringing its Cavite campus under clean power supply starting June 2026.

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