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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Globe makes self-care accessible with regional wellness benefits

Amid busy daily schedules, Globe is making self-care easier to access with its new Wellness Pillar, turning mobile subscriptions into more than just connectivity.

Isuzu delivers five trucks to eCarga for fleet expansion

Isuzu Philippines Corp. (IPC) has supplied five commercial vehicles to EEI Carga Digital Logistics Corp. (eCarga), adding delivery capacity as the logistics provider expands its operations to meet growing customer requirements.

Jollibee Group earns Golden Arrow honors again

Jollibee Foods Corporation, widely known as the Jollibee Group, has once more earned distinction at the 2026 Golden Arrow Awards from the Institute of Corporate Directors (ICD), securing two Golden Arrows for the second year running. This achievement also marks its fifth consecutive year receiving the prestigious recognition, reflecting steady progress in upholding high standards of corporate governance. The honor follows strong performance in the 2025 ASEAN Corporate Governance Scorecard (ACGS) assessment, where the company improved its overall score compared to the previous year. The Golden Arrow Awards recognize publicly listed Philippine companies that meet rigorous regional governance benchmarks, with the award granted to those achieving a score of at least 75 points across key areas including shareholder rights, stakeholder relations, transparency, board oversight, and sustainability. Group Global President and CEO Ernesto Tanmantiong emphasized that the accolade underscores years of dedicated work across the organization, noting that robust governance remains central to sustainable growth, greater accountability, and lasting value for all stakeholders. As the business continues to expand, the Jollibee Group affirmed its ongoing commitment to refining governance practices that support both strategic goals and the interests of those it serves.

Singapore Air unveils next-gen long-haul cabins; over S$2 B invested for better travel

Singapore Airlines (SIA) has officially launched its brand-new next-generation long-haul cabin products, crafted around how passengers actually work, dine, relax, and rest in the air to deliver a more comfortable, personal, and intuitive journey. The investment totals more than S$2 billion across all four cabin classes—First, Business, Premium Economy, and Economy—as part of the airline’s upgraded end-to-end travel experience.

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