Tag: GDP

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IMF slashes Philippines 2026 growth outlook sharply

Economy Context.ph Context.ph -
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

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.
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Marcos Jr. targets lower electricity rates through nuclear power push and system loss charge cuts

Energy & Mining 0
President Ferdinand Marcos Jr. highlighted major energy reforms during his State of the Nation Address, focusing on adopting nuclear energy and removing system loss charges from electricity bills.

ACEN turns Zambales into major renewable energy hub 

Energy & Mining 0
ACEN Corporation is developing Zambales into one of the country’s largest renewable energy hubs, with nearly one gigawatt of solar and battery storage capacity. Once fully operational, these projects will generate enough clean power for 340,000 households and cut fossil fuel dependence. Around 450 megawatts are already running, with the rest set to be finished by 2027, alongside new battery systems to ensure steady power supply and grid stability.

Socoteco II members back proposed joint venture with IGNITE Power ahead of public vote

Energy & Mining 0
Members of the South Cotabato II Electric Cooperative (Socoteco II) have voiced strong support for a proposed partnership with IGNITE Power aimed at upgrading power services across the region, officials confirmed.

Marcos pushes EPIRA overhaul to lower electricity costs

Energy & Mining 0
President Ferdinand Marcos Jr. on Monday called for an immediate overhaul of the Electric Power Industry Reform Act (EPIRA), making lower electricity prices a centerpiece of his energy agenda while betting on natural gas, hydrogen and nuclear power to strengthen the country's long-term energy security.

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