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S&P revises Philippines outlook; oil risks clouds ratings upgrade

The Philippines’ push toward a higher credit rating has been put on hold as global risks cloud the near-term outlook, even as underlying economic fundamentals remain intact.

World Bank cuts Philippine growth forecast as global risks rise

The World Bank expects Philippine economic growth to slow to 3.7 percent in 2026, down from 4.4 percent in 2025, according to its East Asia and Pacific (EAP) outlook released on April 8.

Philippines eyes $110B chip exports amid funding push

The Department of Trade and Industry (DTI), through the Board of Investments (BOI), has unveiled a roadmap to raise the Philippines’ semiconductor and electronics exports to USD110 billion annually by 2030, as it seeks to strengthen the country’s position in the global supply chain.

Philippines maps 3-tier strategy to attract investments

The Philippines is positioning itself as a regional hub for smart, sustainable, and innovation-driven industries under the draft 2025–2028 Strategic Investment Priority Plan (SIPP), which outlines priority investment areas across a three-tier system.

Eala’s Linz run ends, lessons begin on clay

Filipino tennis fans were hoping good things come in threes. Alex Eala instead got a reminder that in tennis, past wins do not always travel well across surfaces.

Just in

Filinvest Land moves to dissolve three units

Filinvest Land Inc. is moving to dissolve three wholly owned subsidiaries as it streamlines its corporate structure, while keeping the development of its Mimosa Lifestyle Mall in Clark on track.

Toyota seeks hybrid slots in Metro Manila TNVS

Toyota Motor Philippines Corp. (TMP) is pressing the transport regulator to allow conventional hybrid vehicles to compete for 7,500 new transport network vehicle service (TNVS) slots in Metro Manila, challenging the government’s decision to limit the latest allocation to plug-in and fully electric vehicles.

Fed raises rates, defying Trump’s call for cuts

The US Federal Reserve raised interest rates Wednesday for the first time since 2023, lifting its benchmark rate by 25 basis points to 3.75 percent to 4 percent as policymakers moved to counter persistent inflation.

Year-end travel: Smart ways to stretch your budget

With the -ber months fast approaching, many Filipinos are mapping out year-end trips, family reunions, or long-awaited vacations abroad.
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