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 Philippines is emerging as a regional template for modern emergency response, with Thailand, Indonesia, and Vietnam looking at the country’s next-generation 911 system as they explore upgrades to their own aging emergency communications infrastructure.
What began as a one-person coffee business during the pandemic has grown into a nationwide enterprise employing thousands of workers, proving that a small startup can build a bigger business by widening access to opportunity.
Millennials—generally defined as those born between 1981 and 1996–have spent most of our lives in transition. We went from analog television to streaming, from snail mail to beepers, text messages, Skype, and Zoom. We were raised on our parents’ promise of stability just as the internet began selling us freedom, leaving us between two worlds.
The Manila Electric Co., the country’s largest power distributor by sales that is better known as Meralco, has placed its personnel on standby as heavy rains from the southwest monsoon threaten to cause power interruptions and other electricity service concerns across its franchise areas.