Economy

The Philippine Economic Zone Authority (PEZA) has surged past a key metric, approving P237.1 billion in investments as of December 12—already beating the full-year 2024 total of P214.18 billion by nearly 11 percent and putting its P250 billion 2025 target squarely within reach.

Figaro Culinary Group is deepening its long-term growth play as it ramps up operations of Figaro Innovation and Development Inc. (FIDI), a wholly owned subsidiary designed to expand the Group’s food product pipeline, strengthen manufacturing capabilities, and lay the groundwork for future export markets.

Lawmakers are pressing the Department of Budget and Management (DBM) to finally clear nearly P4 billion in government arrears owed to two major automakers under the Comprehensive Automotive Resurgence Strategy (CARS), a move seen as critical to restoring investor confidence in the Philippines’ industrial policy.

Filipino online shoppers are emerging as the most active practitioners of “showrooming” in Southeast Asia, highlighting how digital commerce and physical retail are becoming increasingly intertwined.

US hiring barely moved in November, signaling a labor market that has lost momentum after years of breakneck growth. Total nonfarm payroll employment rose by...