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The Philippines has become the first country in Asia and the Pacific to secure readiness funding under the Green Climate Fund's (GCF) second replenishment cycle, winning a USD6.78 million grant that is expected to strengthen its ability to attract larger climate investments in the years ahead.

The International Finance Corp. (IFC) is investing USD100 million in Union Bank of the Philippines through the bank's inaugural sustainability bond, marking another step in efforts to deepen the Philippine capital market while expanding financing for micro, small and medium-sized enterprises (MSMEs) and environmentally sustainable projects.

Cebu Pacific, the budget carrier brand of the Gokongwei’s listed Cebu Air Inc., is taking a major leap in inflight connectivity, announcing plans to equip its fleet with SpaceX's Starlink satellite internet beginning in 2027, becoming the first low-cost airline in Southeast Asia to offer the service.

Prime Global Corp. has expanded its manufacturing footprint with the opening of a P600-million Barrio Fiesta production facility in San Jose del Monte, Bulacan, a move that triples capacity as the company positions itself to meet rising demand at home and overseas.

The Philippines is using this year's World Intellectual Property Organization (WIPO) General Assembly in Geneva to promote its globally recognized brands, geographical indication (GI) products and cultural heritage, underscoring how intellectual property can drive tourism, strengthen local enterprises and create new economic opportunities.