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.
Philippine port operator International Container Terminal Services Inc. (ICTSI) is set to strengthen South Africa’s trade and logistics sector as it begins managing and developing the Durban Container Terminal Pier 2 (DCT2) under a 25-year partnership with state-owned Transnet.
The Department of Tourism (DOT) is pitching opportunities in healthcare, digital health, rehabilitation, and wellness resorts to foreign investors as the Philippines seeks to establish itself as a regional medical and wellness tourism hub.
Foreign direct investment inflows to the Philippines experienced a visible slowdown from January to July 2026, dropping to a net total of $4.1 billion compared to the levels recorded during the same period last year.
Agriculture Secretary Francisco P. Tiu Laurel Jr. underscored the critical need for regional cooperation and enhanced market linkages to secure food supplies across Southeast Asia.
For the second week in a row, Filipinos will see mixed changes in fuel prices starting Tuesday. The Department of Energy confirmed Monday that gasoline will go up by P1.56 per liter and kerosene by P1.77 per liter, while diesel will drop by a bigger P3.01 per liter. As of Tuesday morning, only Seaoil has officially announced these new rates, matching the adjustments noted by the DOE. Last week, gasoline rose P1.93 per liter, kerosene P3.30 per liter, and diesel dipped P1.30 per liter.