The US International Development Finance Corporation (DFC) said the Philippines is well positioned to tap its USD205 billion global investment capacity as the agency ramps up efforts to finance commercially viable private-sector projects supporting the country's infrastructure and industrial ambitions.
While slowing oil and food prices recently cooled headline inflation in the Philippines, persistent domestic threats and rising core inflation are keeping policymakers on high alert, signaling that further interest rate hikes may be necessary to protect long-term economic growth, according to data analysis by the Bank of the Philippine Islands.
Southeast Asian payments infrastructure provider Xendit has formally integrated Dragonpay Corporation, the Philippines’ pioneer in alternative payment solutions, building on a strategic partnership first established in 2021. The move combines Dragonpay’s well-established local payment network with Xendit’s regional platform, wider geographic reach, and ongoing technology upgrades.
Semiconductor and electronics exports from Clark climbed to USD3.8 billion in 2025, underscoring the Freeport's growing role in global technology supply chains as the Clark Development Corp. (CDC) moves to address operational bottlenecks that could shape the industry's next phase of expansion.
The Philippines' unemployment rate climbed to 4.8 percent in May, the highest in a year, as fewer Filipinos found work despite a modest month-on-month increase in employment, underscoring persistent cracks in the labor market.
Manila is set to host a new WTA 250 tournament in late 2027, giving the Philippines a second women’s professional tennis event and a potential new draw for higher-ranked players.
Alex Eala has added another shiny line to an already crowded résumé, earning a spot on TIME100 Next 2026 as the only tennis player among the magazine’s list of rising figures shaping the future.
The Energy Regulatory Commission (ERC) and the National Grid Corporation of the Philippines (NGCP) have signed a compromise agreement that resolves years of legal battles over regulatory fees, clearing the way for additional public funding. Signed Thursday at the ERC headquarters in Pasig, the pact settles long-running disputes over permit fees and annual supervision and regulation charges, with both sides agreeing to set aside their differing positions on the matter.
The Department of Agriculture has issued supplemental guidelines for importing up to 250,000 metric tons of frozen fish and aquatic products to keep supplies steady during the lean fishing season.