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.
Alas Pilipinas’ girls fought Japan to the edge before running into the hard wall of international experience, falling in straight sets at the FIVB U17 World Championship in Chile and missing a chance to climb into the tournament’s 9th-to-12th-place bracket.
The Tourism Promotions Board (TPB) Philippines, the marketing and promotions arm of the Department of Tourism (DOT), is bringing the 18th Regional Travel Fair (RTF) to Cotabato City for theee days at the Alnor Hotel and Convention Center. The second edition of the annual event, lasting until thia Sunday, places the spotlight on the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) as the region enters a more intentional phase of growth, linking destination promotion directly to improved market access for local businesses and communities.
Global financial institution ING has formally announced plans to redeem two series of outstanding SEC-registered debt instruments totaling $1.75 billion on their designated contractual call date of September 11, 2026.
The Event Experience Expo (E3) 2026 is set to return on October 28 and 29 at the World Trade Center Metro Manila, bringing together top local and international event solution providers in a bid to drive innovation and efficiency across the sector.