The escalating crisis in the Middle East is beginning to weigh on global labor markets, with the International Labour Organization (ILO) warning that the Philippines faces growing economic risks due to its heavy dependence on overseas employment and remittance inflows.
TikTok Shop is ramping up efforts to support more micro, small, and medium enterprises (MSMEs) across the Philippines, with plans to strengthen partnerships with local government units (LGUs) and expand its “Unlad Lokal” initiative deeper into the Visayas and Mindanao by 2026.
As rising oil prices and supply disruptions continue to strain households and businesses, Ayala Corporation said it is ramping up sustainability and efficiency initiatives across its businesses to help ease costs for consumers.
Budget airline Cebu Pacific announced Tuesday that it will resume flights between Manila and Dubai starting July 2, 2026, after completing safety checks and coordinating closely with Dubai airport authorities.
The Department of Transportation (DOTr) said 74 local and international companies from 14 countries have shown interest in taking over and upgrading Metro Manila’s MRT-3 line through a public-private partnership (PPP) project.
The country’s foreign currency reserves remained strong at the end of April 2026, even as the country recorded a wider gap between money flowing in and out of the economy.
Real estate investments in the Philippines are expected to increasingly move to the Visayas and Mindanao in the coming years as businesses expand outside Metro Manila, according to Prime Philippines Inc.
Century Properties Group reported a 6-percent decline in net income in the first quarter of the year, as higher interest expenses and taxes offset gains from its core operations.