Tag: GDP

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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.

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.

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Arthaland fined P746,616 by SEC for financial reporting errors

Arthaland Corporation, the property developer headed by the Po family, said Tuesday it has been fined P746,616 by the Securities and Exchange Commission for violating the Revised Securities Regulation Code.

BSP warns public vs unlicensed entity operating as “The Bank of Humanity”

The Bangko Sentral ng Pilipinas (BSP) has issued an advisory cautioning the public to be careful when transacting with Bangko Maharlika Ltd., which currently uses the business name “The Bank of Humanity.”

Globe partners with e& to boost secure international voice services

Globe has teamed up with e& Carrier & Wholesale Services, the global wholesale arm of technology group e&, to deliver safer, more reliable international voice services for users worldwide, especially Overseas Filipino Workers, their families, and local businesses.

Maynilad joins PSEi starting August 3

Maynilad Water Services will enter the Philippine Stock Exchange index (PSEi) on August 3, replacing Converge ICT Solutions Inc.

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