Tag: GDP

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Tourism’s GDP share eases as spending slips

The Philippines’ tourism sector posted a more nuanced performance in 2025: employment continued to rise, but its overall economic footprint softened, pointing to a recovery that is steady in participation but uneven in value generation.

Philippine economic growth faces fragile, conditional outlook

 The Philippine economy is entering 2026 on uneven footing, with growth expected to slow slightly and risks looming large, economist Jonathan Ravelas said on Wednesday.

Zobel eyes 5% growth, rebound as risks ease

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.

IMF slashes Philippines 2026 growth outlook sharply

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.

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.

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CPG profit climbs 11.4% on wider margins, tax savings

Century Properties Group Inc. (CPG) grew its nine-month net income by 11.4 percent to P2.35 billion as wider operating margins and tax savings from its merger with PHirst Park Homes Inc. offset softer revenues.

Rockwell Land profit jumps 22% to P3.8B on property sales

Rockwell Land Corp. grew its net income attributable to the parent by 22 percent to P3.8 billion in the first nine months of 2026, as strong residential sales and a surge in commercial revenues boosted earnings.

CREIT earns P1.03B, declares P0.049 quarterly dividend

Citicore Energy REIT Corp. (CREIT) posted P1.03 billion in net income in the first nine months of 2026 and declared a quarterly dividend of P0.049 per share, banking on long-term renewable energy leases to keep earnings and shareholder payouts steady.

Meralco brings animal welfare into workplace safety, helps 800 pets

Manuel V. Pangilinan-led Manila Electric Co. (Meralco) is making animal welfare part of workplace safety and corporate responsibility, with its CATropa program benefiting more than 800 cats and dogs since its launch in 2024.

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