Phishing has overtaken calls and texts as the Philippines’ fastest-growing digital threat, with risky URLs surging through 2025 and sharpening the focus on consumer protection.
The Philippines is strengthening its position as a major esports hub in the Asia-Pacific region, driven by a young, mobile-first population and growing support from global and local partners. An estimated 43 million Filipinos now take part in esports or mobile gaming, with the local esports market projected to reach US$28.6 million in 2025.
The Philippines landed at 53rd out of 101 economies in the World Bank Group’s 2025 Business-Ready (B-READY) Report, placing the country squarely at the midpoint of an expanded global ranking and signaling steady reform momentum.
Retail food prices in the Philippines opened 2026 on a mixed note, with staples such as rice, chicken, and fish edging higher, while red onion prices eased from December spikes—highlighting uneven supply dynamics as the market adjusts after the holidays.
The Bases Conversion and Development Authority (BCDA) has tapped Saudi energy giant ACWA Power to drive a large-scale renewable energy push in New Clark City, a move aimed at securing clean, reliable, and affordable power for one of the Philippines’ flagship developments.
Cash remittances from overseas Filipino workers (OFWs) reached US$2.87 billion in March 2026, helping sustain the steady flow of foreign exchange into the Philippine economy.
The Asian Development Bank (ADB) on Friday said it is ready to provide up to $1.75 billion in additional financing to help the Philippines deal with the economic effects of the ongoing conflict in the Middle East.