News
Ayala braces for slowdown as price shocks hit consumer wallets
6+ hour, 19+ min ago (612+ words) " Consumer demand at risk as inflation pressures household spending. " Property most exposed to rate hikes, with real estate sales directly impacted. " Capital spending likely scaled back from an earlier P230 billion plan. " AC Mobility emerging as a key growth driver on…...
WINNING | TP Philippines drives growth, impact across sectors
2+ week, 3+ day ago (187+ words) As global services firms expand in the Philippines, companies like TP are increasingly expected to go beyond operations'contributing thought leadership and inclusive growth initiatives that shape the broader ecosystem. TP's efforts recently earned recognition from the Australian-New Zealand Chamber of…...
PSE index slumps 1. 73%, Ayala Land sinks to 14-year low
3+ week, 4+ day ago (322+ words) The drop came amid broader market volatility, with the Middle East war disrupting global energy markets and weighing on the Philippines" growth prospects for 2026." One market participant said Ayala Land bore the brunt of the selloff as institutional funds liquidated…...
Philippine business groups rally behind oil risk measures
3+ week, 4+ day ago (193+ words) In a joint statement dated March 30, leading industry organizations said they "express our deep appreciation to the national government" for convening discussions on the Middle East crisis and its potential spillover effects on the domestic economy." The groups warned that…...
Razon firm warns AI job losses could shrink Philippine casino market
1+ mon, 2+ week ago (347+ words) At risk is the country's outsourcing sector, a major employer that faces growing pressure from AI-related automation and spillover into other businesses, according to Bloomberry Resorts Corp. , one of the country's biggest operators of integrated gambling resorts. "Artificial intelligence (AI)…...
PH exports post 11-month growth streak, top 2024 total
3+ mon, 3+ week ago (348+ words) The latest performance extended export growth to 11 consecutive months and marked the third straight month of double-digit gains, underscoring the sector's resilience amid easing global headwinds, the DTI said in a press release. From January to November, exports reached $77. 4 billion,…...