Economy

The Philippines recorded improvements in financial inclusion in 2025, according to a report by the Bangko Sentral ng Pilipinas (BSP), with more young people and women gaining access to financial accounts.

Food manufacturers and retailers are warning of potential long-term shortages as rising fuel costs and geopolitical tensions disrupt the steady flow of raw materials and finished goods into the Philippines.

The Department of Trade and Industry (DTI) is urging Vietnamese automaker VinFast to consider establishing manufacturing operations in the Philippines, as the government accelerates plans for a comprehensive electric vehicle (EV) incentive program.

The administration of President Ferdinand R. Marcos Jr. says the Philippines remains on track to achieve upper middle-income status and further cut poverty rates within the President’s term, even as global uncertainties weigh on growth prospects.

The Dubai International Chamber has officially opened its first representative office in Manila, signaling a stronger push to deepen trade and investment ties between Dubai and the Philippines.