Tag: GDP

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Thousands lose jobs in brutal anti-graft war

In Context Context.ph Context.ph -
President Ferdinand Marcos Jr.’s anti-corruption blitz in flood-control and public-works agencies was meant to clean house. Instead, it is triggering political, economic, and social tremors that now overshadow its stated purpose. The irony is hard to ignore: a campaign launched to restore trust is increasingly viewed as deepening uncertainty.

Philippine GDP remains one of Asia’s fastest growing in 2Q; growth 5.5%

Top News Context.ph Context.ph -
The Philippine economy expanded by 5.5 percent year-on-year in the second quarter of 2025, the Philippine Statistics Authority reported, reflecting sustained domestic activity across sectors.

T-Bill yields mixed as slew of data loom

Markets Context.ph Context.ph -
Treasury bill yields moved mostly lower at Monday’s auction, as investors braced for a raft of key economic reports that could influence future monetary policy direction.

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).
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Proposed BNPP privatization risks leaving PH behind regional energy peers — advocates

Energy & Mining 0
The Department of Energy has confirmed the national government is open to selling the mothballed Bataan Nuclear Power Plant, also referred to as the Philippine Nuclear Power Plant, to private investors, after a South Korean feasibility study found promise in reviving the long‑idle facility.

PhilPlans reminds Filipinos: Early memorial planning eases grief‑time financial strain

Banking & Insurance 0
When an unexpected loss strikes, grieving families are often forced to make quick financial and logistical choices amid emotional distress—with only days to lock in funeral arrangements, coordinate with relatives, and gather funds for related costs. Pre‑planning, pre‑need provider PhilPlans says, is key to reducing this heavy burden for consumers, while also helping service providers deliver smoother, more predictable support during difficult periods.

BDO Unibank logs steady earnings growth amid tough economic backdrop

Banking & Insurance 0
BDO Unibank, Inc. reported a nine‑month 2026 net income of ₱63.6 billion, slightly higher than the ₱63.1 billion recorded in the same period of 2025, with a 13.1 percent return on equity reflecting the bank’s solid core business performance.

CBS expands home financing through three developer tie-ups

Banking & Insurance 0
China Bank Savings (CBS) is expanding its home financing business through partnerships with three property developers, targeting growing residential markets in CALABARZON and Central Visayas as it seeks to widen access to homeownership.

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