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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Batelec II greenlights competitive bidding for private sector partnerships

Batangas II Electric Cooperative Inc. (Batelec II) has approved a public bidding or Competitive Selection Process (CSP) to review proposals for private sector participation in its power distribution operations.

PSE targets over ₱200 billion in fundraising this year, led by Mynt IPO

The Philippine Stock Exchange (PSE) projects it will raise more than ₱200 billion in funds this year, marking a 41 percent increase from 2025, with the planned initial public offering (IPO) of GCash parent firm Mynt Inc. as the biggest contributor.

DA sets sights on making ube the next big export 

The Department of Agriculture (DA) is rolling out major policy changes to transform ube (purple yam) from a niche product into a leading global agricultural export, aiming to tap into the rising international demand for natural food ingredients.

Canada’s nuclear pitch powers Philippine energy goal

The Philippines is deepening talks with Canadian engineering and nuclear technology firm AtkinsRéalis as it explores civil nuclear power to bolster long-term energy security, support industrialization, and reduce dependence on imported fossil fuels.

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