SwiftPay is ramping up its anti-fraud capabilities with the launch of a real-time monitoring platform aimed at helping banks and other financial institutions meet the Bangko Sentral ng Pilipinas' (BSP) tougher anti-scam requirements as digital payment fraud continues to rise.
For decades, the FIFA World Cup final has belonged to football. This year, however, the biggest match on the planet borrowed a page from another sporting giant.
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is intensifying talks with local and foreign energy firms as it races to secure the reliable, clean electricity needed to unlock billions of pesos in investments in data centers, advanced manufacturing and logistics.
The government is moving to remove tax hurdles that have long weighed on the Philippines' aircraft maintenance, repair and overhaul (MRO) industry, betting that policy tweaks could unlock fresh aerospace investments and keep billions of pesos in business from flying overseas.
The stock market could be entering a stronger recovery phase after the Philippine Stock Exchange index (PSEi) broke through key resistance levels, with a stable peso adding to optimism that local equities can sustain their recent gains despite inflation concerns and geopolitical risks.
The Philippines saw its net financial obligations to foreign lenders and investors expand to $65.6 billion as of end-June 2026, equivalent to 13.4 percent of the country’s Gross Domestic Product (GDP). It is a reflection of what the country owns abroad versus what it owes to foreign entities. Preliminary balance sheet figures show this liability expanded from $55.0 billion, or 11.2 percent of GDP, recorded at the end of March 2026.
The Philippine Economic Zone Authority (PEZA) and Aboitiz Economic Estates are expanding an investor-assistance program designed to turn investment commitments into operating projects faster as international interest in the Luzon Economic Corridor grows.
The government is stepping up preparations for the expected impact of Super El Niño, rolling out measures to protect farms, water supplies, power systems and communities from extreme heat and prolonged drought.