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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First Gen volunteers conduct coastal cleanup at Freedom Island for Month of the Ocean

Leading renewable energy producer First Gen Corporation organized a coastal cleanup activity on May 30, 2026, at Freedom Island within the Las Piñas–Parañaque Wetland Park in Metro Manila. The initiative was held as part of the Philippines’ Month of the Ocean celebration, mandated under Presidential Proclamation No. 57, series of 1998.

Arthaland to begin unit turnover at Una Apartments in Laguna

Property developer Arthaland Corp. announced it will soon start turning over units of its Una Apartments project located in Biñan, Laguna.

DOT holds line on arrivals, boosts travel deals

The Department of Tourism (DOT) is sticking to its conservative target of 6.4 million international visitor arrivals this year even as it rolls out a new push to energize domestic travel through steeply discounted tourism packages.

Megaworld cuts 2026 spending and launch targets amid economic headwinds

Property developer Megaworld Corp. has revised down its capital expenditure and residential launch targets for 2026, citing higher material costs, inflation, and rising interest rates.

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