Economy

Employers in the Philippines are preparing for an increasingly volatile business landscape as geopolitical tensions, supply chain disruptions, rising energy costs, and rapid technological change converge, issues that are set to take center stage at the 47th National Conference of Employers (NCE47) of the Employers Confederation of the Philippines, opening May 20, 2026 at The Manila Hotel.

The Bureau of Customs (BOC) is ramping up its digital transformation drive, expanding its Super Green Lane program and targeting the full modernization of its Electronic-to-Mobile (E2M) system by 2027 to boost trade efficiency and tighten border security.

US Under Secretary of State for Economic Affairs Jacob Helberg will visit the Philippines next week as Washington ramps up efforts to deepen economic security and technology ties with Manila under the newly launched Pax Silica initiative.

The Philippine Economic Zone Authority (PEZA) and Bases Conversion and Development Authority (BCDA) are tightening coordination to position New Clark City as a more seamless and investor-friendly destination under the expanding Luzon Economic Corridor (LEC).

The Asian Development Bank (ADB) on Friday said it is ready to provide up to $1.75 billion in additional financing to help the Philippines deal with the economic effects of the ongoing conflict in the Middle East.