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.
House Deputy Speaker and Bacolod Rep. Albee Benitez is pushing Congress to grant President Ferdinand Marcos Jr. emergency powers to tackle the Visayas power crisis.
Philippine markets enter Monday under renewed pressure, with the PSEi vulnerable to a test of 5,500 and the peso hovering near P63 to the dollar as investors await September inflation and reassess the outlook for monetary policy.
The National Development Co. (NDC) is exploring a partnership with the Philippine Economic Zone Authority (PEZA) to convert government-owned properties into economic zones, potentially putting underutilized state assets to work while broadening the locations available for new investments.
The Bureau of Customs (BOC) enters the final quarter of 2026 with a growing revenue cushion, keeping its first P1-trillion annual collection target within reach despite the need for sustained collections through year-end.