Tag: GDP

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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.

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.

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AC Mobility builds EV ecosystem beyond selling electric cars

AC Mobility is accelerating its electric vehicle ambitions by expanding far beyond car sales, positioning itself as an integrated mobility company that combines charging infrastructure, renewable energy, financing and fleet services to make EV ownership more practical for Filipino consumers.

PHILTOA maps four pillars for Philippine tourism’s future

The Philippine Tour Operators Association (PHILTOA) is reshaping its vision for the country's tourism industry around four priorities—sustainability, digitalization, inclusivity and wellness—as shifting traveler expectations redefine what makes destinations competitive.

HD Hyundai launches first Subic-built ship, ramps up operations

HD Hyundai has launched the first vessel built at its Subic shipyard, marking the start of full-scale shipbuilding operations in the Philippines and signaling renewed confidence in the country's bid to regain its footing as a regional maritime manufacturing hub.

Filipinos favor health cover, global investments amid uncertainty

Filipinos are not pulling back from insurance and investing. They are becoming more selective.

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