Economy

Philippines Drives Practical Reforms For Stronger ASEAN Business

As chair of the Association of Southeast Asian Nations (ASEAN), the Philippines is positioning itself to push for a more competitive and investor-friendly regional business environment, with a new forum aimed at translating policy dialogue into concrete reforms.

PCCI weighs 4-day workweek’s uneven economic effects

A four-day compressed workweek could deliver meaningful savings for Filipino workers, but the policy may also dent earnings in the country’s public transport sector, according to the Philippine Chamber of Commerce and Industry (PCCI).

Philippines pushes talks on EU free trade deal

The Philippines is stepping up engagement with the European Union as negotiations continue toward a long-anticipated free trade agreement, with both sides exploring deeper cooperation in services, investments and professional mobility.

Foreign currency reserves hit record US$112.7 billion in February

The country’s gross international reserves (GIR) climbed to a record $112.7 billion as of end-February 2026, according to preliminary Bangko Sentral ng Pilipinas data, providing the country with a strong buffer against external economic shocks.

Philippine CEOs temper optimism with risks

Philippine chief executives are entering 2026 with guarded optimism, balancing expectations of growth with persistent cost pressures and an uncertain global outlook, according to the latest CEO survey from Ernst & Young (EY).

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