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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FDC Misamis inks 2yr, 20-MW supply deal with COREnergy 

FDC Misamis Power Corporation has agreed to feed 20 megawatts of power to COREnergy for the next two years, a deal that pushes more Mindanao-generated electricity into the hands of businesses nationwide as the country's retail power market keeps widening.

Gov’t files record 105 expropriation cases for NSCR

The Department of Transportation (DOTr) and the Office of the Solicitor General (OSG) have filed 105 expropriation cases for the North-South Commuter Railway (NSCR)—the most ever filed for a single infrastructure project by the agency.

Growth hits post-2009 low on surging energy costs and weak infrastructure spending  

Growth measured as the gross domestic product (GDP) is seen to have slowed sharply to 1.9 percent year-on-year in the second quarter of 2026, down from 2.8 percent in the previous quarter, according to the Bank of the Philippine Islands (BPI).

Globe hits over ₱510-M energy savings in 2025

Globe Telecom saved more than ₱510 million on energy in 2025 by using efficient network gear and AI tools. It rolled out 20,800 new green tech items under its Green Network program to cut electricity use.

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