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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Pru Life UK opens registration for PRU Pop Run, marking 30 years in PH

Registration is now open to the public for the upcoming PRU Pop Run, a special running event celebrating Pru Life UK’s 30th anniversary of service in the Philippines. Scheduled for 30 August at Ayala Triangle Gardens in Makati, the event combines fitness, music, nostalgia, and Filipino pop culture for participants of all ages and skill levels.

Converge teams up with IBPAP to upskill BPO workers for AI era

Leading fiber broadband provider Converge ICT Solutions Inc. has partnered with the IT & Business Process Association of the Philippines (IBPAP) to strengthen the country’s IT-BPM sector amid rapid advances in artificial intelligence (AI).

Study finds silent customer loss top threat to APAC brands, launches AI tools to measure “believability” 

Ogilvy has released its first APAC 2026 Believability Index, a new study looking at how consumers across Asia-Pacific decide which brands and organizations they trust. The research, done with YouGov, surveyed 7,176 people in Australia, Indonesia, Singapore, Malaysia, the Philippines, Hong Kong SAR, and Mainland China. 

TELUS ramps up enterprise AI adoption strategy

TELUS Digital Philippines is accelerating the rollout of artificial intelligence (AI) across its operations, betting that responsible AI adoption and workforce upskilling will become key competitive advantages as businesses increasingly embrace automation.

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