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Foreign currency reserves hit record US$112.7 billion in February

The country’s gross international reserves (GIR) climbed to a record $112.7 billion as of end-February 2026, according to preliminary Bangko Sentral ng Pilipinas data, providing the country with a strong buffer against external economic shocks.

Philippine CEOs temper optimism with risks

Philippine chief executives are entering 2026 with guarded optimism, balancing expectations of growth with persistent cost pressures and an uncertain global outlook, according to the latest CEO survey from Ernst & Young (EY).

Palawan’s P99 fire cover scales protection

As the Philippines marks Fire Prevention Month, the Palawan Group of Companies is betting that protection, like many Filipino household staples, can be sold “tingi.”

PEZA approvals grow as investments dip

Investment approvals from the Philippine Economic Zone Authority (PEZA) rose in volume during the first two months of 2026, signaling sustained investor interest in economic zones even as the overall value of commitments declined year on year.

MRT-3 tightens cleaning protocols after cockroach sighting in train

The Department of Transportation (DOTr) has ordered stronger, disinfection, and pest control measures across the Manila Metro Rail Transit System Line 3 (MRT-3) after a passenger reported seeing a cockroach inside a train car on social media.

Just in

AboitizPower sets P62B capex for 2026, focuses on renewables and battery storage

Aboitiz Power Corporation (AboitizPower) and its partners have earmarked P62 billion in capital spending for 2026, with most of the funds going to renewable energy projects and battery energy storage systems (BESS).

AEV keeps guarded optimism for challenging 2026 

Aboitiz Equity Ventures is heading into 2026 with what it calls cautiously optimistic expectations, even as storm clouds gather over the broader economy.

Aboitiz Equity Ventures outlines 2026 investment plan, growth strategy

Aboitiz Equity Ventures (AEV), the Aboitiz Group’s main investment arm, said it is continuing its long-term expansion and value-building plans for 2026, supported by a more diversified portfolio and a strong financial position.

Diesel, kerosene prices drop further; fuel supply improves — DOE

The Department of Energy on Monday (DOE) announced mixed fuel price changes this week, with gasoline prices rising slightly while diesel and kerosene will see significant cuts.
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