The Philippines' elevation to upper-middle-income status by the World Bank is expected to strengthen investor confidence and bolster the country's appeal as an investment destination, marking a new phase of economic development while raising expectations for broader, more inclusive growth.
Clark Water Corp. (CWC) is expanding its wastewater treatment capacity to support the next wave of investments in the Clark Freeport, underscoring the growing importance of modern utility infrastructure as the economic zone positions itself as a key gateway under the Luzon Economic Corridor.
Cebuana Lhuillier is broadening its business beyond microfinance, transforming its nationwide financial network into an integrated platform that helps companies expand, deepen customer engagement and unlock new growth opportunities.
Nonwoven textiles made from agricultural waste are emerging as a promising growth area for the Philippine manufacturing sector as the Department of Science and Technology–Philippine Textile Research Institute (DOST-PTRI) ramps up efforts to commercialize the sustainable material across multiple industries.
Isla Lipana & Co./PwC Philippines has admitted four new partners effective July 1, strengthening its assurance practice as demand grows for more sophisticated audit, risk and governance services amid an increasingly complex business environment.
Philippine tour operators are shifting toward cheaper land-based packages and Southeast Asian markets as high airfares and global uncertainties make long-haul tourism harder to sustain.
Global gold demand stayed resilient amid market volatility, reflecting strong long-term investor confidence in the metal as a reliable way to preserve wealth. In the first quarter of 2026, total global demand hit 1,231 tons - valued at a record US$193 billion. This strength held even though gold prices dropped 15.4 percent in the second quarter, driven by expectations of higher interest rates.
The Bangko Sentral ng Pilipinas (BSP) has earned fresh praise from sovereign credit giant Moody’s Ratings, which expects local inflation to steadily settle back within the government's two to four percent target range between 2027 and 2028.
A Quezon City Regional Trial Court has issued an arrest warrant for Vice President Sara Duterte over three counts of grave threats against President Ferdinand Marcos Jr., First Lady Lisa Marcos, and former House Speaker Martin Romualdez, the Department of Justice said Friday. The DOJ said the warrant means the court found probable cause against Duterte. Bail was set at P120,000 for each count. Duterte earlier asked the court to defer or recall the warrant. The case stemmed from public threats the VP issued against the 3. The grave threat is also among the charges in the impeachment complaint versus the Vpz