Tag: GDP

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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.

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.

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KABAN Boracay expands dining options with Korean, Japanese brands

KABAN Boracay is expanding its food and beverage portfolio ahead of its grand opening this month, bringing Korean restaurant Chung Dam and Japanese dining brand Umi Matsu to its Station 0 complex.

Mall developers pivot to upgrades as shopping habits evolve

Philippine mall developers are easing off rapid expansion and putting more capital into redevelopments, upgrades and premium lifestyle concepts as changing consumer preferences reshape the retail landscape.

Gilas U18 women crack glass ceiling, beat New Zealand

Gilas Pilipinas U18 women are continuing to break the glass ceiling, although Asia’s basketball elite clearly had no intention of making it easy.

Gov’t steps up El Niño readiness for power sector; price hikes seen

The Department of Energy (DOE) has begun firm preparations to safeguard the country’s power system against the projected Super El Niño, which may push electricity rates higher alongside tighter supply.

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