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.
McDonald’s Philippines marked National Teachers’ Month with classroom improvements, free coffee and educator recognition activities, underscoring how corporate community programs can extend beyond seasonal campaigns to support public education.
The Philippine National Bank (PNB) has earned the Institute of Corporate Directors’ Four Golden Arrow Award for the fifth consecutive year, a testament to its unwavering commitment to excellent corporate governance.
Golden Visa Centrale (GVC) is holding a series of roadshows this week to introduce Filipino investors to residency-by-investment opportunities in Portugal and Greece, highlighting investment costs, potential income and residency requirements.
PLDT Enterprise has expanded its footprint in the Zamboanga Peninsula by bringing tailored connectivity and digital solutions directly to local businesses and government agencies.