The Philippines recorded a balance of payments (BOP) deficit of $373 million in January 2026, reflecting a shortfall in the country’s transactions with the rest of the world at the start of the year.
Leaders from the Philippines and Japan called for broader and more ambitious collaboration as the 42nd Joint Meeting of the Philippines-Japan Economic Cooperation Committee convened in Taguig City on February 19.
President Ferdinand R. Marcos Jr. has ordered a feasibility inspection for the potential construction of a seaport and airport in the Kalayaan Island Group, a move Malacañang says could jumpstart tourism and create new livelihood streams in one of the country’s most remote municipalities.
The Intellectual Property Office of the Philippines (IPOPHL) is pushing back firmly against any suggestion that Manila should return to Washington’s intellectual property watch list, arguing its removal remains “fully warranted.”
Global capability centers (GCCs) are poised to outpace the broader information technology–business process management (IT-BPM) industry in both revenue and job creation, underscoring their growing role in the Philippines’ outsourcing landscape.