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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SRA clarifies NBB as sole authority in sugar-based bioethanol feedstock imports

The Sugar Regulatory Administration (SRA) on Tuesda released Sugar Order (SO) No. 4, series 2025–2026, clarifying the importation of sugar-derived raw materials for bioethanol production – including molasses, sugar, sugarcane, syrup and related products – may only proceed with authorization from the National Biofuels Board (NBB).

Lalamove honors partner driver-fathers this Father’s Day

Lalamove, the leading on-demand delivery platform, recognizes the dedication of its partner driver-fathers who balance their work on the road with their responsibility as family providers.

PH, Vietnamese utilities craft large-scale renewable energy programs in new MOU

Manila Electric Co. (Meralco) and its subsidiary Meralco PowerGen Corp. (MGen) have signed a memorandum of understanding (MOU) with Vietnam-based VinEnergo Energy Joint Stock Co. The partnership aims to strengthen energy security, improve system reliability, and support the country’s shift toward cleaner energy sources.

DOE to launch tender framework for nuclear power electricity rates

The Department of Energy (DOE) is preparing the bidding exercise that will set the production cost for pioneering nuclear power projects (NPPs) in the Philippines.

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