PH net foreign liabilities rise to $65.6 billion
The Philippines saw its net financial obligations to foreign lenders and investors expand to $65.6 billion as of end-June 2026, equivalent to 13.4 percent of the country’s Gross Domestic Product (GDP). It is a reflection of what the country owns abroad versus what it owes to foreign entities. Preliminary balance sheet figures show this liability expanded from $55.0 billion, or 11.2 percent of GDP, recorded at the end of March 2026.
PEZA, Aboitiz push EaseBiz to fast-track projects
The Philippine Economic Zone Authority (PEZA) and Aboitiz Economic Estates are expanding an investor-assistance program designed to turn investment commitments into operating projects faster as international interest in the Luzon Economic Corridor grows.
Government ramps up super El Niño safeguards
The government is stepping up preparations for the expected impact of Super El Niño, rolling out measures to protect farms, water supplies, power systems and communities from extreme heat and prolonged drought.
Philippines turns leaner innovation inputs into gains
The Philippines is punching above its weight in innovation, delivering relatively strong results despite weaker underlying inputs, according to the 2026 Global Innovation Index (GII).
MGen, VITRO seal deal to explore joint data center projects
Meralco PowerGen Corp. (MGen) and PLDT Group’s VITRO REIT Inc. have signed a memorandum of understanding to jointly study and build sustainable, power-integrated digital infrastructure across the Philippines, the firms announced Wednesday.
