The country’s gross international reserves dipped to $99.5 billion at the end of September 2026, down from the previous month’s balance, according to data released by the Bangko Sentral ng Pilipinas.
Philippine organizations are struggling to secure artificial intelligence (AI) agents and coordinate cyber defense operations, even as they demonstrate stronger-than-average cybersecurity readiness, according to Cisco’s latest report.
The Department of Agriculture has laid out a ₱61.99-billion consolidated action plan to shield food output and rural livelihoods from El Niño, even as ₱371 million in needed interventions—including cloud seeding and sugarcane pest control—still lacks funding.
The Department of Public Works and Highways (DPWH) is seeking to overhaul infrastructure budgeting by ensuring that ongoing projects receive funding until completion, a move aimed at curbing years-long delays and preventing unfinished public works from being stranded by shifting government priorities.
The 72nd Japan Self-Defense Forces Day Reception was held at the Japanese Ambassador’s residence in Manila, bringing together key officials to celebrate the occasion and reinforce growing defense and security ties between Japan and the Philippines.
The Philippines must do more than sign trade deals—it must help smaller businesses turn them into export sales, Philippine Exporters Confederation Inc. (PhilExport) President Sergio Ortiz-Luis Jr. said.
The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.
The Department of Energy will proceed with its updated bidding rules for brownfield coal resource areas despite opposition from key industry player Semirara Mining and Power Corp. Energy Secretary Sharon Garin affirmed that the revised terms will apply uniformly to all prospective bidders, as the government seeks to prioritize domestic fuel supply over foreign exports.
The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.