Investment promotion agencies have welcomed the newly approved 2026 Strategic Investment Priorities Plan (SIPP), saying it positions the Philippines to compete for high-value investments in advanced manufacturing, digital infrastructure, clean energy, and other industries expected to drive future economic growth.
SteelAsia Manufacturing Corp. is accelerating its expansion program as it pushes to replace imported steel with locally produced alternatives, a strategy that could reduce the Philippines' trade deficit by as much as USSD2 billion once its new facilities are fully operational.
The Department of Energy (DOE) and Ayala Land, Inc. have launched a nationwide campaign encouraging Filipinos to cut electricity consumption for one hour each week, as the government intensifies efforts to promote energy efficiency and strengthen energy security.
The Department of Environment and Natural Resources (DENR), has signed a five-year partnership with global non-profit The Ocean Cleanup to remove floating waste from the Pasig River and deploy low-cost, innovative cleanup technologies.
OneCFO Group has launched an artificial intelligence-powered tax platform aimed at helping businesses and individual taxpayers navigate increasingly complex compliance requirements, reflecting the growing use of AI tools in professional and financial services.
The Bank of the Philippine Islands (BPI) has teamed up with digital payments leader Visa to launch improved cross-border money transfers via its mobile app in the first quarter of 2027.
Cebu-based fuel distributor and retailer Top Line Business Development Corp. is tapping the capital markets anew, securing regulatory approval for a preferred shares offering of up to P1.5 billion as it accelerates plans to expand fuel infrastructure and strengthen its position in the Visayas energy market.