The Philippines is edging closer to upper-middle-income status, with years of trade and investment reforms continuing to pay economic dividends. The World Trade Organization...
The country’s balance of payments (BOP) — the measure of all economic transactions between the country and the rest of the world, and essentially what remains after foreign earnings are offset against external obligations and outlays — recorded a deficit of US$5.3 billion in the first quarter of 2026.
The Philippine women’s beach handball team arrived in Croatia grateful simply to be in the main draw. A few days later, the Amigas found themselves celebrating a victory that belonged in the sport’s growing catalogue of improbable upsets.
Monde M.Y. San Corp. is investing more than P5 billion in a new manufacturing facility inside a Philippine Economic Zone Authority (PEZA) ecozone, reinforcing confidence in the country's manufacturing sector despite a challenging global business environment.
Cebu Pacific (CEB) has launched the new OFW Facilitation Center at Mactan-Cebu International Airport (MCIA) Terminal 2, aimed at making essential travel and government services easier to access for overseas Filipino workers before departure and upon arrival.
The Philippine Amusement and Gaming Corp. (PAGCOR) is strengthening player protection measures, including a 24/7 problem gambling helpline, as gaming becomes an increasingly important part of the country’s leisure and tourism industry.
Manuel V. Pangilinan-led Manila Electric Company (Meralco) has gained support from the Scrap Collectors and Recyclers Association of the Philippines, Inc. (SCRAP) for its anti-
pilferage campaign, as the industry group expressed intent to help prevent stolen utility materials
from entering the scrap market.
As European consumers prioritize space-saving, energy-efficient and easy-to-use home products amid changing lifestyles, LG Electronics is showcasing seven advanced appliances at IFA 2026. The lineup demonstrates how AI, smart energy use and space-conscious design address key purchasing needs for modern, often limited living areas.
Maya, the country’s leading digital financial services platform, has been recognized at the 2026 HR Excellence Awards Philippines for the third consecutive year, securing a Silver Award for Excellence in Performance Management Evolution and a Bronze Award for Excellence in HR Technology Use. Competing among 64 firms at the Grand Hyatt Manila ceremony, Maya also reached finalist status in five additional categories: Employee Engagement, Employer Branding, Leadership Development, Talent Acquisition, and Talent Management.