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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Weak peso makes case for sharp interest rate hikes-BPI

The continued weakening of the Philippine peso past the 63 per U.S. dollar threshold is intensifying pressure on the Bangko Sentral ng Pilipinas to aggressively tighten monetary policy, with rate hikes now widely anticipated both next week and in December, according to the Bank of the Philippine Islands.

Security Bank Wealth, St. Luke’s launch healthcare concierge service

Security Bank Wealth and St. Luke’s Medical Center have teamed up to launch a concierge healthcare service, giving clients faster, easier access to medical care and more time for what matters.

CHP cement plants recycle 50 million liters of water annually

Concreat Holdings Philippines (CHP) is recovering and reusing 50 million liters of water annually across its cement plants in Cebu and Rizal, bolstering efforts to conserve freshwater as climate extremes put pressure on water resources.

PhilWeb investee JKS secures exclusive MegaWin gaming deal

PhilWeb Corp., a listed gaming company, is expanding its footprint in the Philippines’ regulated digital gaming market after investee JKS Tech Solutions secured an exclusive partnership with international gaming content provider MegaWin.

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