Q3 GDP seen rising 3.2% as state spending and AI electronics exports drive recovery
The economy likely regained momentum in the third quarter of 2026, snapping a four-quarter stretch of slowing growth as increased government spending and resilient technology exports helped offset severe storm damage and hesitant consumer spending, according to the Bank of the Philippine Islands.
OKADA PLAY tops P100M monthly gaming revenue
OKADA PLAY, the online gaming platform of Okada Manila, generated more than P100 million in gross gaming revenue (GGR) in October, crossing the milestone six months after its launch as digital expansion gathers pace for its operator and technology partner, PhilWeb Corp.
ILO highlights business gains from gender equality at two Philippine firms
Fairer promotion and recruitment practices are helping Philippine companies develop talent and advance women into leadership, with logistics provider Airspeed and service contractor Executive Genesis Services Inc. cited as examples in a new International Labour Organization (ILO) report.
Consumers drive Philippine AI use as businesses lag
Consumers account for 80–85 percent of artificial intelligence usage in the Philippines, far outpacing corporate deployment and underscoring the untapped potential for businesses to adopt the technology, according to the e-Conomy SEA 2026 report by Google, Temasek and Bain & Company.
Concreat eyes price increases, cost cuts to restore profitability next year
Concreat Holdings Philippines Inc. is raising cement prices in stages and tightening operations to reverse its losses, betting that higher selling prices and plant improvements will restore profitability next year.
