Economy

A meeting between Philippine President Ferdinand Marcos Jr. and Russian President Vladimir Putin in Kazan has opened the door to broader economic cooperation, as both countries look to build on five decades of diplomatic relations and explore new areas of partnership.

The Philippine Competition Commission (PCC) is pushing for reforms that could give households greater freedom to choose their water providers, arguing that stronger competition can improve service quality, transparency and consumer welfare even in an industry traditionally dominated by monopolies.

Ube has gone from a local favorite to an international food phenomenon. Purple lattes, cheesecakes, doughnuts, ice cream and premium desserts have helped fuel a worldwide craze, turning the distinctly Filipino crop into what many now call the latest “purple gold.” The challenge is making sure the world knows where the best ube comes from.

The Philippines is ramping up efforts to prepare its construction workforce for the green economy, with new training programs aimed at equipping workers with practical sustainability skills as climate-resilient building practices become increasingly important.

The Philippines is positioning itself for a larger role in the global clean energy transition after the Board of Investments (BOI) and the Island Skies Alliance (ISA) forged a partnership to accelerate the development of a domestic sustainable aviation fuel (SAF) industry.