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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Filipino exporters showcase resilience at national trade fair

More than 200 Filipino exporters gathered under one roof this week, turning the Department of Trade and Industry's (DTI) Bagong Pilipinas National Exporters' Fair 2026 into a showcase of how local businesses are finding new opportunities despite an increasingly uncertain global trading environment.

Bounty Fresh targets emerging cities with restaurant expansion

Food producer Bounty Fresh Group is looking beyond the country's biggest urban centers for its next phase of restaurant growth, expanding into emerging cities and municipalities where competition is lighter and consumer demand continues to rise.

Petron to build P340-M fuel farm at Bohol-Panglao airport

Aboitiz InfraCapital Bohol Airport Corp. has awarded Petron Corporation the contract to design, build, operate and maintain a new Jet A-1 fuel farm at the Bohol-Panglao International Airport to support the facility’s rising passenger numbers and flight movements.

Globe teams up with Japan’s KDDI for next phase of growth

Globe Telecom Inc. has entered a strategic partnership with KDDI Corporation, one of Japan’s top telecommunications and digital services firms, to unlock new growth opportunities for mobile services and transform retail experiences across the Philippines.

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