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.
The Social Security System (SSS) paid P205.56 billion in benefits to members, pensioners, and beneficiaries in the first seven months of 2026, as contribution collections continued to provide the bulk of funding for payouts.
The Department of Environment and Natural Resources–Environmental Management Bureau (DENR-EMB) has alerted the public to widespread haze across several key regions, including the National Capital Region, Central Luzon, CALABARZON, MIMAROPA, and portions of Central Visayas. Monitoring and weather assessments link the condition to smoke from ongoing fires in Kalimantan, Indonesia, carried to the country by prevailing winds.
Many aspiring business owners look far and wide for the next big concept, but some of the most promising opportunities lie right within familiar culture, traditions, and communities.
AirAsia MOVE (MOVE), the all-in-one travel booking platform, has secured official accreditation from the International Air Transport Association (IATA) in the Philippines — a milestone set to expand flight choices and streamline booking for Filipinos traveling home or abroad.