Tag: GDP

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Zobel eyes 5% growth, rebound as risks ease

Economy Context.ph Context.ph -
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.

IMF slashes Philippines 2026 growth outlook sharply

Economy Context.ph Context.ph -
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

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.
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Airbus to launch A220 training hub in Singapore, Q4 2027

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Airbus Asia Training Centre (AATC), a joint venture of Airbus and Singapore Airlines, will install an A220 full-flight simulator (FFS) at its Singapore campus, serving the entire Asia Pacific region. Operations start Q4 2027.

PetroGreen gets green light for Pangasinan solar plant

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PetroGreen Energy Corp. (PGEC) is set to begin commercial operations of its 25-megawatt-peak Bugallon Solar Power Plant in Pangasinan after securing regulatory approval from the Energy Regulatory Commission (ERC).

BIR Manila destroys 240,550 illicit vape products with P1.54B in estimated tax liability

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The Bureau of Internal Revenue (BIR) Revenue Region No. 6 – City of Manila and Palawan destroyed 240,550 illicit vape products with an estimated tax liability of P1.539 billion on August 24, 2026, at the DIGAMA Waste Management Facility in Porac, Pampanga.

Philippine factories post strongest growth since 2016

Economy 0
Philippine manufacturing accelerated sharply in August, posting its strongest production growth in nearly a decade as stronger demand, recovering exports, and renewed hiring pointed to a broader industrial recovery.

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