German aviation services giant Lufthansa Technik is deepening its commitment to the Philippines, unveiling a major expansion at Clark International Airport that highlights the country's growing appeal as a strategic investment destination and aviation hub in Asia.
DP World and local partner Asian Terminals Inc. (ATI) have designated the Batangas Integrated Port (BIP) as the world’s first READY Port — a global standard for disaster preparedness and humanitarian logistics.
The electric vehicle revolution is no longer a distant prospect. From compact city cars to premium sport utility vehicles, EVs are becoming a more common sight on Philippine roads. Yet while vehicle technology has advanced rapidly, insurance products have often struggled to keep pace.
The Bangko Sentral ng Pilipinas (BSP) has issued a public advisory warning against individuals pretending to be its officers or staff to ask for donations or collect personal information.
Asialink Finance Corporation (AFC), a leading non-bank financial institution, has sealed strategic partnerships with CBEV Transport Technology Inc. (CarBEV), VinFast Fairview, and PeekUp to boost electric vehicle (EV) financing and support sustainable mobility in the Philippines. The agreements were signed during a ceremony at AFC’s office.
The country’s foreign currency reserves stood strong at $104.8 billion as of the end of August 2026, driven by higher global gold prices and earnings from foreign investments, according to preliminary data from the Bangko Sentral ng Pilipinas. Although government withdrawals to pay off foreign debt offset some gains, the overall buffer remains well above global safety standards.
Pork farmgate prices have dropped sharply as domestic hog raisers rush sales ahead of the rainy season to avoid African swine fever (ASF) losses, the Department of Agriculture (DA) reported Monday. Higher output from last year’s price surge, not imports, drives the shift—production rose 5.6npercent in Q2 while farmgate prices fell nearly 19 percent year-on-year.
The Philippine government has enough revenues to service its debt even without the proposed ProGRESS tax package, Malacañang said Monday, as the Marcos administration pushes reforms to strengthen fiscal capacity and provide targeted tax relief.