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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NBI chief: persons of interest in VP kill threat known

National Bureau of Investigation Director Melvin Matibag told the Senate impeachment court that the agency has identified persons of interest in its investigation into Vice President Sara Duterte's statement that she had contracted a hitman to assassinate President Ferdinand Marcos Jr., First Lady Liza Marcos and former House Speaker Martin Romualdez. During cross-examination, the defense questioned Matibag's impartiality, citing his appointment by Marcos and his wife's role as a lawmaker who signed the impeachment complaint. Matibag also testified that an American law enforcer told him threats against the US president typically result in immediate arrest under American law.

PSE updates index inclusion rules to match global norms

The Philippine Stock Exchange (PSE) has announced major updates to its criteria for companies joining the 30-member benchmark index, introducing a new market capitalization threshold and revised liquidity rules ahead of the February 2027 rebalancing period.

JCB marks 30 years in Philippines, joins 70th PH-Japan friendship commemoration

The Philippines and Japan established formal diplomatic ties in 1956, building a longstanding partnership centered on friendship, economic cooperation, and cultural exchange.

SJDM Bulacan Water supply risks worsen as Angat Dam levels drop

San Jose del Monte (SJDM) City in Bulacan has stepped up its emergency efforts as reduced allocations from the Metropolitan Waterworks and Sewerage System (MWSS) cut the local water district’s daily supply from 70 million liters to 45 million liters.

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