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.
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.
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 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.
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.
The Department of Environment and Natural Resources (DENR) has issued Administrative Order 2026-34 to attract responsible, climate-smart investments to suitable forest lands.
The Supreme Court on Wednesday dismissed the consolidated petitions filed by Vice President Sara Duterte and lawyer Israelito Torreon questioning the House of Representatives' handling of the impeachment complaints, ruling that the cases had become moot after the Articles of Impeachment were transmitted to the Senate.
PH1 World Developers has completed the first major construction milestone for its flagship project under the government's Expanded Pambansang Pabahay Para sa Pilipino (4PH) Program, signaling accelerating private sector participation in efforts to narrow the country's housing backlog.
Toyota Motor Philippines (TMP) is poised to surpass three million cumulative vehicle sales later this year, a milestone that highlights how nearly four decades of local manufacturing and sustained investments have helped cement its position as a key driver of jobs, industrial development, and the country's automotive sector.