Cebu Pacific, the budget carrier brand of the Gokongwei’s listed Cebu Air Inc., is taking a major leap in inflight connectivity, announcing plans to equip its fleet with SpaceX's Starlink satellite internet beginning in 2027, becoming the first low-cost airline in Southeast Asia to offer the service.
Prime Global Corp. has expanded its manufacturing footprint with the opening of a P600-million Barrio Fiesta production facility in San Jose del Monte, Bulacan, a move that triples capacity as the company positions itself to meet rising demand at home and overseas.
The Philippines is using this year's World Intellectual Property Organization (WIPO) General Assembly in Geneva to promote its globally recognized brands, geographical indication (GI) products and cultural heritage, underscoring how intellectual property can drive tourism, strengthen local enterprises and create new economic opportunities.
The government's Green Lane initiative is rapidly becoming the backbone of the Philippines' clean energy investment drive, with renewable energy projects accounting for virtually all of the P351.02 billion in strategic investments approved in the first half of 2026.
The House prosecution has dropped Vice President Sara Duterte's chief of staff, Zuleika Lopez, and security official Belinda Bello as witnesses in the impeachment trial. Prosecutor Lorna Kapunan said Tuesday their testimony under Article IV had become unnecessary, redundant or merely corroborative following evidence presented by two National Bureau of Investigation officials. Lopez was expected to authenticate a video of Duterte's Nov. 23, 2024 online press conference, but Kapunan said the defense had already acknowledged the event and used the same recording. Bello's testimony would have merely corroborated a detention-facility transfer order involving Lopez, Kapunan said. Senator-judges welcomed the move that helps in shortening the trial period.
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).