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Friday, 27 February 2026, 3:54 am

    Tag: GDP

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    Philippines sets P6.793T budget for 2026

    Top News Context.ph Context.ph -
    The Development Budget Coordination Committee (DBCC), chaired by Budget Secretary Amenah F. Pangandaman, has approved a proposed P6.793 trillion national budget for 2026, up 7.4 percent from this year’s Projected 6.326 trillion allocation.

    Tourism fuels economy, creates jobs in 2024

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    The Philippine tourism industry continued its strong post-pandemic recovery in 2024, contributing 8.9 percent to the country’s gross domestic product (GDP) and supporting nearly 7 million jobs, according to the Philippine Statistics Authority (PSA).

    Philippine economy expands 5.4% in 1Q amid global uncertainty 

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    The Philippine economy grew by 5.4 percent in the first quarter of 2025, according to the Philippine Statistics Authority—a modest yet steady performance amid ongoing global uncertainty.

    ADB forecasts strong Philippine growth, ‘Blue Economy” opportunities

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    The Asian Development Bank (ADB) has forecast that the Philippine economy will grow at a robust pace of 6.0 percent in 2025 and 6.1 percent in 2026, driven by strengthened domestic demand and sustained public investment. This growth follows a 5.6 percent expansion in 2024.

    PSA revises GDP growth for 2024

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    The Philippine Statistics Authority (PSA) has revised estimates for the country’s economic performance, covering both 2023 and 2024, with updates on quarterly and annual figures by industry and expenditure. 
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    P1T reserve breach powers SSS pension boost

    Lifestyle 0
    State-run pension fund Social Security System (SSS) is set to roll out another round of pension increases and a new micro loan program after its reserve fund breached the P1-trillion mark for the first time in its 69-year history, the Department of Finance (DOF) announced Thursday.

    DOE mandates energy storage for bigger renewable projects to boost grid reliability

    Energy & Mining 0
    The Department of Energy (DOE) has issued a new circular aimed at encouraging wider adoption of energy storage systems (ESS) across the country.

    Searca and TFNet launch collaborative growth program

    Agriculture 0
    The Southeast Asian Regional Center for Graduate Study and Research in Agriculture (Searca) and the International Tropical Fruits Network (TFNet) have signed a partnership to strengthen tropical fruit production in the region. The agreement, formalized through a memorandum of understanding (MOU) on February 12, aims to promote research, education, innovation, and capacity-building across Southeast Asia and other tropical fruit-producing areas.

    Globe strengthens innovation drive, connects startups to real world enterprise needs   

    Communications & Technology 0
    The Globe Group is stepping up its push to make innovation a core part of its corporate strategy by directly linking startups with real business environments.

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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Leviste puts 16% stake in MGen Renewable Energy up for sale to foreign investor

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    Meralco Power Gen Corp. (MGen) announced that Batangas First District Congressman Leandro Leviste is offering his remaining stake in MGen Renewable Energy Holdings Inc. to a foreign investor.
    Lifestyle

    P1T reserve breach powers SSS pension boost

    0
    State-run pension fund Social Security System (SSS) is set to roll out another round of pension increases and a new micro loan program after its reserve fund breached the P1-trillion mark for the first time in its 69-year history, the Department of Finance (DOF) announced Thursday.
    Energy & Mining

    DOE mandates energy storage for bigger renewable projects to boost grid reliability

    0
    The Department of Energy (DOE) has issued a new circular aimed at encouraging wider adoption of energy storage systems (ESS) across the country.
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