Economy
TARI Estate emerging as Central Luzon’s next major industrial hub
TARI Estate is rapidly positioning itself as Central Luzon’s next major industrial hub as manufacturers increasingly expand beyond traditional economic centers in South Luzon.
DTI courts UAE investors for AI infrastructure
The Department of Trade and Industry (DTI) and the Board of Investments (BOI) are deepening investment talks with United Arab Emirates firms Masdar and DAMAC Digital as the Philippines positions itself to become a regional hub for artificial intelligence and advanced manufacturing under the US-backed Pax Silica initiative.
Philippines pushes ASEAN unity, targets concrete gains
The Philippines is calling for deeper integration within the Association of Southeast Asian Nations (ASEAN), warning that stronger regional coordination is now essential as global uncertainties intensify.
Unemployment eases, but labor market pressures persist
The Philippine labor market showed modest improvement in March, with unemployment easing slightly, though broader indicators suggest lingering pressures on job quality and workforce participation.
ADB: Philippines stays course despite inflation surge
Despite a sharp rise in April inflation and mounting external risks, the Philippines remains “on the right track,” according to Asian Development Bank chief economist Albert Park, who spoke to CNBC during the lender’s annual meeting in Uzbekistan on Tuesday.
