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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CLI expands Bohol footprint with third residential site 

Cebu Landmasters Inc. (CLI) is expanding its Bohol footprint with a 5.6-hectare residential project in Tagbilaran City, adding a third site as the Visayas-Mindanao developer taps rising housing demand in one of the region’s fastest-growing markets.

SMDC expands Pag-IBIG housing options for Filipino workers

SM Development Corp. (SMDC) is making more of its housing inventory available to Pag-IBIG Fund borrowers, widening homeownership options for Filipino workers, particularly middle-income earners, through government-backed financing.

DA returns to Asia Fruit Logistica after hiatus, pivots to boost exports and farmer incomes 

The Department of Agriculture (DA) has renewed its drive to expand agricultural exports by returning to Asia Fruit Logistica after nearly ten years, reconnecting local fruit sellers with key buyers across the continent’s major fresh produce market.

Over 24M GCash users verified with National ID

More than 24 million Filipinos have used their National ID to verify their identities and open GCash accounts, according to the Philippine Statistics Authority (PSA).

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