Economy

Ex-Finance chief Pardo urges business to invest, hire despite headwinds

Former finance secretary and Philippine Stock Exchange chairman Jose T. Pardo called on the private sector Wednesday to keep investing and hiring, even amid rising inflation, warning that economic recovery cannot wait.

Philippine economic growth faces fragile, conditional outlook

 The Philippine economy is entering 2026 on uneven footing, with growth expected to slow slightly and risks looming large, economist Jonathan Ravelas said on Wednesday.

US agencies boost Luzon Corridor infrastructure drive 

The US government is stepping up support for the Philippines’ infrastructure ambitions, signaling faster development along the Luzon Economic Corridor (LEC) and enhanced opportunities for American investment.

Clark readies for high-tech boom amid Pax Silica

Clark is positioning itself as a prime hub for high-technology industries, leveraging its existing semiconductor, logistics, and advanced manufacturing ecosystems, the Clark Development Corp. (CDC) said. 

Philippine-US deal could create 1M jobs

The Philippines and the US are accelerating economic and trade cooperation, with initiatives that could generate up to one million jobs for Filipinos, the Presidential Communications Office (PCO) said.

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