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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Clark Water expands capacity as investment demand grows

Clark Water Corp. (CWC) is expanding its wastewater treatment capacity to support the next wave of investments in the Clark Freeport, underscoring the growing importance of modern utility infrastructure as the economic zone positions itself as a key gateway under the Luzon Economic Corridor.

Cebuana Lhuillier scales up as business growth partner

Cebuana Lhuillier is broadening its business beyond microfinance, transforming its nationwide financial network into an integrated platform that helps companies expand, deepen customer engagement and unlock new growth opportunities.

Nonwoven textile poised to transform  Philippine manufacturing

Nonwoven textiles made from agricultural waste are emerging as a promising growth area for the Philippine manufacturing sector as the Department of Science and Technology–Philippine Textile Research Institute (DOST-PTRI) ramps up efforts to commercialize the sustainable material across multiple industries.

PwC Philippines expands partnership, bolsters assurance team

Isla Lipana & Co./PwC Philippines has admitted four new partners effective July 1, strengthening its assurance practice as demand grows for more sophisticated audit, risk and governance services amid an increasingly complex business environment.

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