Tag: GDP

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Tourism’s GDP share eases as spending slips

The Philippines’ tourism sector posted a more nuanced performance in 2025: employment continued to rise, but its overall economic footprint softened, pointing to a recovery that is steady in participation but uneven in value generation.

Philippine economic growth faces fragile, conditional outlook

 The Philippine economy is entering 2026 on uneven footing, with growth expected to slow slightly and risks looming large, economist Jonathan Ravelas said on Wednesday.

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.

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10 Philippine government agencies report data breaches to NPC

The National Privacy Commission (NPC) is assessing data breach reports from 10 government agencies, including the Bureau of Internal Revenue (BIR) and Securities and Exchange Commission (SEC), as it examines the potential risks to individuals whose personal information may have been compromised.

Philippines ranks 69th globally, fifth in ASEAN on illicit trade index

The Philippines ranked 69th among 158 countries in the 2025 Illicit Trade Index, with weak enforcement and porous supply chains leaving it exposed to illegal goods despite a relatively strong regulatory.

Jollibee 9-month income down 6%; Q3 performance picks up

Jollibee Foods Corp. reported Tuesday its attributable net income fell 6 percent to P8.12 billion in the first nine months, from P8.65 billion a year earlier. System-wide sales rose over 13 percent to P377.69 billion, while revenue grew 11 percent to P250.2 billion.

SM Investments bags Great Place to Work certification anew

SM Investments Corporation has earned its Great Place to Work® certification for 2026, making it two years in a row for the SM Group parent firm. Survey results show 92% of employees agree management runs the business competently, signaling strong trust in company leadership.

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