Economy
Philippine reserves rise to $104.8B despite BOP deficit
The Philippines’ gross international reserves (GIR) rose to USD104.8 billion in August, even as the country posted another balance of payments (BOP) deficit amid a persistent trade gap and portfolio outflows.
PH seeks US tariff relief as forced labor review looms
The Philippines is looking to the US for a positive response to measures Manila has taken to address forced labor concerns, as bilateral talks continue over additional tariffs on Philippine exports.
SM Investments: Long-term focus powers strong investment case amid rapid change
At the 24th MAP International CEO Conference, SM Investments President & CEO Frederic C. DyBuncio stressed long-term thinking beats short-term cycles amid shifts like AI and changing consumer demand. Drawing on 70 years in the Philippines, he highlighted the country’s enduring potential and fast-growing regional markets beyond Metro Manila as key opportunities. While tech aids trend analysis, he noted leadership judgment remains critical. SM’s self-sustaining retail, banking, and property units expand nationwide, generate their own growth, and deliver steady dividends—offering investors a resilient, disciplined model focused on future demand and customer focus.
Philippines pushes ASEAN from plans to action
The Philippines is pushing Association of Southeast Asian Nations to move from setting economic agendas to implementing concrete measures as the region confronts supply-chain disruptions, geopolitical tensions, trade restrictions and uncertainty in global markets.
PAGCOR decoupling nears decision as Tengco backs regulator-only role
The proposed separation of PAGCOR’s regulatory and casino-operating functions is nearing a key government decision, with Chairman and chief executive officer Alejandro H. Tengco pushing for the state gaming agency to focus solely on regulation.
