A planned investment by the US Medical Glove Co. (USMGC) in the Philippines could create more than 2,000 jobs, President Ferdinand R. Marcos Jr. announced after meeting company executives in New York City on Monday.
The Bases Conversion and Development Authority (BCDA) has extended the proposal deadline for its P2.5-billion New Clark City ICT project, aiming to woo more private investors into a public-private joint venture.
Port tycoon Enrique Razon Jr. leads the Philippines’ contingent on the Forbes 2026 Billionaires List, ranking 175th globally with an estimated net worth of USD16.5 billion, making him the richest Filipino this year.
Foreign direct investments (FDIs), often seen as a key indicator of a country’s economic health, brought net inflows of US$560 million into the Philippines in December 2025, according to the Bangko Sentral ng Pilipinas (BSP).
The Philippines is closely watching a new US trade investigation that could reshape manufacturing supply chains and complicate trade flows across Southeast Asia.
The Philippines is pressing Southeast Asian economies to keep markets open as geopolitical tensions in the Middle East threaten to rattle global supply chains and push up energy costs.
The Energy Regulatory Commission (ERC) on Thursday said electricity prices at the Wholesale Electricity Spot Market (WESM) could rise by P2 to P4 per kilowatt-hour (kWh) next month, based on simulations by the Independent Electricity Market Operator of the Philippines (IEMOP).
When it comes to spotting investment scams, Atty. Joanne L. Ranada has spent much of her career reading between the lines — and occasionally between the loopholes.