Economy

Rising global oil prices, fueled in part by Middle East tensions, are increasingly pressuring export-oriented firms. The Philippine Economic Zone Authority (PEZA) is acting to shield its locators by boosting logistics efficiency within ecozones, Director General Tereso Panga said.

A private consortium is ramping up rural electrification with a P2.1-billion investment to deploy one of the Philippines’ largest portfolios of off-grid microgrids, targeting underserved island communities.

The Philippines’ debut as an exhibitor at the Prospectors & Developers Association of Canada (PDAC) 2026 in Toronto is proving to be more than symbolic, generating a strong pipeline of prospective Canadian investments across mining, manufacturing, and high-value services.

The Philippine Competition Commission (PCC) is calling for reforms in the implementation of non-tariff measures (NTMs) in the livestock and poultry subsectors, warning that inefficiencies could drive up meat prices and constrain supply.

CALABARZON emerged as the country’s unemployment hotspot in 2025, underscoring a mismatch between labor participation and job creation in one of the Philippines’ most industrialized corridors, according to the Philippine Statistics Authority.