Tag: GDP

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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.

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.

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BSP commends DOLE for boosting financial literacy, inclusion among workers

The Bangko Sentral ng Pilipinas (BSP) has praised the Department of Labor and Employment (DOLE) for its efforts to promote financial planning, savings, microinsurance, and the Personal Equity and Retirement Account (PERA) among private-sector employers and workers.

BPI Wealth launches peso share classes for global investment funds

Ayala-led Bank of the Philippine Islands (BPI)’s wealth management arm, BPI Wealth, has introduced peso-denominated share classes for two of its established global investment funds. This development removes the need for investors to hold foreign currency to access international markets, making global investing more accessible to Filipino investors.

SM Offices expands in QC with new PEZA Tower

SM Offices is doubling down on Quezon City's emergence as a major business hub with the construction of North Tower 3, a 22-storey office building that will add about 31,000 square meters of PEZA-accredited office space to the SM North EDSA Complex.

BCDA eyes space tech to boost Morong ecozone

The Bases Conversion and Development Authority (BCDA) is looking beyond roads, factories, and industrial parks for its next growth story. This time, its sights are set on satellites.

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