The Bangko Sentral ng Pilipinas (BSP) and Insurance Commission (IC) said that combining parametric insurance with loans can expand financing to climate-vulnerable sectors like agriculture, fisheries, and micro, small, and medium enterprises (MSMEs), while strengthening the financial system’s ability to manage risks.
The Philippines is producing fewer babies, hosting fewer weddings, and recording fewer deaths, a demographic trifecta that economists say could gradually reshape consumer spending, labor markets, and long-term economic growth.
A Chinese automotive engineering company is exploring a partnership to help develop a Philippine electric vehicle (EV) brand, signaling fresh momentum behind Manila’s drive to localize the country’s fast-growing EV industry.
Filipina tennis wunderkind Alexandra Eala just scored another ace—landing a coveted spot on Forbes’ 2026 “30 Under 30 Asia” list. At 20, she’s proving that tennis isn’t just about rackets and serves—it’s about breaking records and turning heads worldwide.
US food manufacturers are moving to capture a bigger slice of the Philippines’ fast-growing convenience meals market, as demand for easy-to-prepare food products accelerates alongside changing consumer lifestyles.
They said it couldn’t be done. Kuala Lumpur is a sprawling, sensory-overload metropolis where ancient heritage trades punches with ultra-modern skyline ambitions—a city built for leisurely exploration, slow-steeped kopitiam mornings, and tropical pacing. But where others see an impossible itinerary, a true traveler sees a challenge.
The Philippines has laid the regulatory groundwork for a credible forest carbon market, with the Department of Environment and Natural Resources (DENR) releasing two key policies designed to meet private sector demands for clear rules, strong safeguards, and transparent project pathways.
When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.
The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.