The World Trade Organization (WTO) has urged the Philippines to sharpen its focus on digitally delivered services and climate resilience as twin engines for growth, competitiveness, and job creation, as global trade dynamics continue to shift rapidly.
The Philippine Economic Zone Authority (PEZA) is betting big on the information-technology business process management (IT-BPM) sector to fuel the next wave of job creation across the country’s ecozones through 2028.
The Philippines posted a balance of payments (BOP) deficit of $827-million in December 2025, bringing the full-year shortfall to $5.7 billion, data from the Bangko Sentral ng Pilipinas showed.
The Management Association of the Philippines (MAP), under newly installed president Donald Lim, is repositioning itself as a more outward-looking, action-oriented organization—one that aims to play a deeper role in nation-building while asserting a stronger private sector voice in ASEAN that ultimately benefits Filipinos.
The issuance of a Department of Trade and Industry administrative order imposing definitive general safeguard measures on imported cement is expected to lift capacity utilization in the domestic industry, preserve jobs, unlock fresh investments, and create positive multiplier effects across the economy.