Economy

Tarlac Enerzone boosts Central Luzon manufacturing expansion

Central Luzon is gaining momentum as the country’s next major manufacturing hub, with industrial investors increasingly drawn to locations backed by reliable power infrastructure and integrated utilities.

Foreign reserves stay strong at $104.3 billion despite April payments gap

The country’s foreign currency reserves remained strong at the end of April 2026, even as the country recorded a wider gap between money flowing in and out of the economy.

ILO says Middle East turmoil threatens OFWs, Philippine economy 

The escalating crisis in the Middle East is beginning to weigh on global labor markets, with the International Labour Organization (ILO) warning that the Philippines faces growing economic risks due to its heavy dependence on overseas employment and remittance inflows.

DLSU economists warn of sharper Philippine slowdown

Researchers from De La Salle University have sharply downgraded their outlook for the Philippine economy, warning that rising energy costs, geopolitical tensions, and weak investment activity could drag growth to just 3.11 percent in 2026.

US backs Clark Zone for secure supply chains

US Under Secretary for Economic Affairs Jacob Helberg underscored the growing global push for secure and reliable supply chains during a May 18 visit to the site of the Philippines’ planned Economic Security Zone in New Clark City.

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