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.
The Aboitiz Group is looking to replicate LIMA Estate’s integrated approach to industry, infrastructure, and workforce development across the Luzon Economic Corridor, as the Philippines prepares to compete for investments in advanced manufacturing, artificial intelligence, and other emerging industries.
A P3.2-billion mixed-use development by SM Prime Holdings Inc.’s Premier Central Inc. is set to expand private-sector investment in Clark Freeport Zone, adding commercial space and supporting new jobs along one of the area’s key business corridors.
The Department of Energy (DOE) announced 11 companies with 14 total projects qualified for the special Green Energy Auction (GEA) round for waste-to-energy (WTE) facilities.
Treasury bill yields rose across all maturities at Monday’s auction as the Bangko Sentral ng Pilipinas’ recent rate hike pushed borrowing costs higher and investors braced for the possibility of further monetary tightening.