Tag: GDP

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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.

PSEi steady above 6,000 amid mixed signals

Markets Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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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Gov’t launches pioneer white hydrogen search in Pangasinan

Energy & Mining 0
The Department of Energy (DOE) has confirmed that Koloma Inc. has begun formal surveys and studies to verify if commercially viable amounts of naturally occurring hydrogen exist in Pangasinan. Koloma holds Service Contract No. 84 covering a hydrogen resource area in the province, and also operates the adjacent Service Contract No. 83 that spans parts of Zambales.

Marcos sets Singapore trip; trade, green investment in agenda

Trade & Investments 0
President Ferdinand R. Marcos Jr.'s working visit to Singapore this week will put trade, investments and sustainability at the forefront of bilateral relations as the Philippines steps up efforts to attract higher-value capital and deepen economic ties with one of its biggest investment partners.

DOE considers changing fuel price advisory format amid Middle East volatility

Energy & Mining 0
The Department of Energy (DOE) announced on Monday that gasoline prices per liter could either fall by as much as P1 or rise by up to P1 this week, while diesel and kerosene rates will definitely see increases. Diesel is expected to go up by P2.62 to P4.62 per liter, and kerosene by P2.22 to P4.22 per liter. Last week, gasoline could have dropped by up to P1.75 or increased by a maximum of P0.25, while diesel and kerosene were permitted rollbacks ranging from P1.57 to P3.57 and P1.70 to P3.70 respectively. As of today, only Seaoil has released its official price adjustments, taking effect at 6 a.m. on July 14: gasoline will rise by P1 per liter, diesel by P4.60, and kerosene by P2.30 across the board.

Jocelyn Forge powers savings with COREnergy electricity deal

Energy & Mining 0
Pole line hardware manufacturer Jocelyn Forge, Inc. (JFI) has signed a retail electricity supply agreement with COREnergy, seeking lower power costs and a more reliable energy supply as manufacturers increasingly turn to competitive electricity sourcing to improve efficiency and protect margins.

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