Tag: GDP

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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.

Philippine GDP growth slows, services carry economy

The Philippine economy ended 2025 on a softer note, with gross domestic product growing 3.0 percent year on year in the fourth quarter, bringing full-year growth to 4.4 percent, according to data from the Philippine Statistics Authority. The figures point to an economy that is still expanding—but unevenly, with clear winners and laggards.

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Heritage tours bring OFWs home through memories

For overseas Filipino workers, coming home is often measured not just in miles traveled, but in moments regained with family. The government hopes tourism can help make those reunions more meaningful.

Slower public sector spending drags cement industry outlook

The Philippine cement industry is expected to post flat to slightly lower growth this year as slower government infrastructure spending continues to weigh on demand, according to the Cement Manufacturers Association of the Philippines (CeMAP).

Truck driver shortage hobbles Philippine logistics expansion

The Philippine trucking industry is facing a critical driver shortage that is limiting fleet expansion and straining logistics operations despite strong demand from manufacturers and businesses, according to industry leaders.

JPEPA at 20 spurs Philippines-Japan trade push

The Philippines’ envoy to Japan expressed hope that President Ferdinand Marcos Jr.’s visit to Tokyo will further strengthen bilateral ties, emphasizing decades of close cooperation between the two nations.

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