Economy

The Aurora Pacific Economic Zone and Freeport Authority (APECO) is positioning itself as a future hub for defense, fisheries, clean energy, and logistics, as it seeks investors to help develop key infrastructure in northern Aurora.

The Philippines has stayed off the United States’ intellectual property watchlist for a 13th straight year, underscoring sustained progress in enforcement even as risks tied to counterfeit goods persist.

On Labor Day, the Makati Business Club (MBC) sounded the alarm on mounting pressures confronting both Filipino workers and employers, as surging fuel and food prices continue to erode real wages and squeeze business margins amid a volatile global backdrop.

Job demand in the Philippines has remained broadly stable over the past year, even as part-time work and specialized technology roles gain ground, according to Jobstreet by SEEK.

Philippine exports surged to a record USD8.17 billion in March, the highest monthly level since the Philippine Statistics Authority began tracking merchandise trade in 1991. The milestone was powered largely by sustained global demand for electronics, reinforcing the sector’s dominance in the country’s export basket.