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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Boomers bring Gilas crashing back to Earth

Every basketball giant has an off night. For Gilas Pilipinas, this one arrived with a kangaroo-sized reality check on Monday night.

Aboitiz Group helping professionalize meat industry sector workers with Tesda, IVTSI

Aboitiz-led Pilmico Animal Nutrition Corp. has teamed up with Infinity Vocational Training School Inc. (IVTSI) and the Technical Education and Skills Development Authority (TESDA) to deliver hands-on training at its Tarlac Meatmasters facility—the country’s first Triple AAA-accredited multi-meat processing plant.

DOE prepares power distributors for nuclear energy integration, unveils tender plan

The Department of Energy (DOE) is building the capacity of distribution utilities (DUs) to support the future addition of nuclear power to the country’s energy mix, as outlined in the Philippine Energy Plan 2023–2050.

Mixed fuel price adjustments expected; 203 power firms warned by DOE

The Department of Energy (DOE) announced on Monday that fuel prices will see mixed adjustments this week, even as global crude markets begin to stabilize.

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