Tag: GDP

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Zobel eyes 5% growth, rebound as risks ease

Economy Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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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Philippine fruits hit over $17 million export sales at major Asian trade show

Agriculture 0
The Philippines brought home more than US$17.5 million in export sales from its return to Asia’s top fresh produce trade show after nearly 10 years, according to the Department of Agriculture. The figure translates to roughly ₱1.1 billion based on current exchange rates.

President Marcos says MVP Group commits P120B to elevated road

Construction 0
President Ferdinand Marcos Jr. said the MVP Group has committed P120 billion to build an elevated road connecting Balintawak in Quezon City to Bocaue, Bulacan, as the government seeks to expand highway capacity and ease congestion north of Metro Manila.

DENR rolls out national ecosystem restoration drive to boost resilience ahead of projected super El Niño

Environment 0
The Department of Environment and Natural Resources has launched a country‑wide ecosystem restoration program designed to soften the blow of prolonged dry heat expected under a super El Niño event forecast to last from late this year through the first half of 2027.

NorthPort adds hybrid cranes, targets port upgrades by 2027

Transport & Logistics 0
NorthPort, International Container Terminal Services Inc.’s (ICTSI) domestic cargo operation at the Port of Manila, has deployed four new hybrid rubber-tired gantry cranes as it upgrades terminal infrastructure to handle cargo more efficiently and reduce emissions.

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