The Philippines maintained a strong external financial buffer as gross international reserves (GIR) settled at USD104.1 billion as of end-April 2026, giving the country ample protection against global market volatility, rising import costs and external debt pressures.
Green energy exponent Alternergy Holdings Corp. posted higher third-quarter earnings and a sharp increase in assets as the renewable energy developer accelerated construction of...
Century Pacific Food Inc. continues to navigate inflationary pressures and shifting consumer behavior while maintaining steady growth, reinforcing its reputation as an “all-weather company.”
Japanese investors continue to view the Philippines as an attractive destination despite global economic uncertainties and shifting business conditions, according to Sumitomo Mitsui Banking Corporation (SMBC) Manila Branch managing director and country head Hiroyasu Kanda.
The Philippine Economic Zone Authority (PEZA) is holding firm on its P300-billion investment target for 2026, highlighting a resilient manufacturing sector, robust exports, and ongoing expansion by investors despite global uncertainties.
The Philippines put more than USD20 billion worth of infrastructure and industrial projects before about 600 local and foreign investors, seeking to turn the Luzon Economic Corridor (LEC) from a development blueprint into a pipeline of fundable deals.
Agriculture Secretary Francisco P. Tiu Laurel Jr. called for stronger ASEAN-India collaboration Wednesday at the Ninth ASEAN-India Ministerial Meeting on Agriculture and Forestry, warning that geopolitical tensions, climate shocks, and volatile farm input costs threaten regional food supplies.
Twenty-nine Luzon and Visayas electric cooperatives have secured long-term power supply agreements (PSAs) with six generation firms, ensuring stable electricity for millions, the National Electrification Administration (NEA) announced Thursday.
Manuel V. Pangilinan-led Manila Electric Company (Meralco) has recognized the Philippine National Police’s (PNP) support in addressing electricity theft as it pledged to sustain efforts to reduce system losses, particularly non-technical losses arising from illegal connections and power pilferage.