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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BSP-WB effort targets cash-to-digital shift in gov’t

The Bangko Sentral ng Pilipinas (BSP) and the World Bank (WB) are accelerating efforts to shift government payments and collections to digital platforms, aiming to improve service efficiency and financial inclusion. The call came during the forum “Payments for the People,” held in Makati City on May 13, 2026, and attended by government agencies, local government units, and industry partners.

Offshore wind project gains momentum with global investor

The Marcos administration is intensifying efforts to bring Southeast Asia's first offshore wind farm to the Philippines, with Finance Secretary and investment czar Frederick D. Go engaging global infrastructure investor Copenhagen Infrastructure Partners (CIP) to advance the 901-megawatt San Miguel Bay Offshore Wind Power Project in Camarines Sur.

Government keeps inflation guard up despite price easing

The Marcos administration will keep anti-inflation measures in place despite easing price pressures, signaling that it sees the battle against rising living costs as far from over amid persistent risks from volatile global oil markets.

Building a challenger platform for inclusive, integrated healthcare

AC Health Pharma is emerging as a formidable challenger in Philippine healthcare, stitching together a rapidly expanding ecosystem of pharmacies and primary care services aimed at bringing affordable, accessible healthcare within easier reach of millions of Filipinos.

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