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.
Human rights lawyer Antonio Gabriel La Viña has rejected plunder and graft allegations against Sen. Loren Legarda and her son, Batangas Rep. Leandro Leviste, calling the cases “classic lawfare" and a form of political persecution.
As spokeperson and part of Legarda's legal team, La Viña said no formal charges have been filed in court and both have submitted counter-affidavits to the Ombudsman. He maintained that Legarda has no ownership or role in Leviste’s solar companies and committed no wrongdoing.
“Responsibility is personal. Motherhood should not become evidence against her,” he said, warning against using legal proceedings for political ends.
Globe employees are turning AI from concept into practical tools that boost operations and customer service, highlighted at the recent Globe AI Showcase.
China Bank Savings (CBS) is bolstering its field-based lending services for Department of Education (DepEd) teachers and non-teaching employees through a strengthened collaboration with PLDT Enterprise and Samsung Electronics Philippines.
The Bangko Sentral ng Pilipinas (BSP) brought micro, small, and medium enterprises (MSMEs) closer to banks and lenders through the MSME Financing Forum held at its main office on September 11, 2026.