Easing global oil prices could provide the Philippines with a timely economic tailwind, strengthening the peso, improving financial conditions and giving the Bangko Sentral ng Pilipinas (BSP) greater scope to ease monetary policy, according to Manulife Investment Management.
Manila Electric Company (Meralco), led by Manuel V. Pangilinan, has signed a cooperation agreement with the United Professional Electrical Engineers of the Philippines (UPEEP) to raise professional standards in electrical engineering.
GCash is widening its digital philanthropy platform after raising more than P8 million for earthquake relief efforts in Mindanao and adding 14 new non-government organizations (NGOs) to its in-app donation hub, GBayanihan.
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.
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.
The Philippines is punching above its weight in innovation, delivering relatively strong results despite weaker underlying inputs, according to the 2026 Global Innovation Index (GII).