Economy

Clark Freeport’s growth story gained another boost after property developer Berthaphil, Inc. expanded its footprint in the economic zone, a move seen to reinforce investor confidence and create additional capacity for future business locators.

The Philippine economy generated a record P8.40 trillion in gross savings in 2025, fueled largely by robust corporate earnings and rising national income, according to data released by the Philippine Statistics Authority (PSA).

The Philippines has made notable gains from trade-driven growth, but sustaining that momentum will require a sharper focus on reducing trade costs, improving logistics, and streamlining border procedures, according to the World Trade Organization (WTO).

Filipino food brands are steadily carving out space in Singapore’s highly competitive premium consumer market, as the Department of Trade and Industry (DTI) ramps up efforts to position Philippine exports beyond traditional commodity offerings and into higher-value branding and innovation-driven segments.

Local government units (LGUs) across the Philippines are set to receive a record P1.19 trillion in National Tax Allotments (NTA) in 2027, marking a P129.32-billion increase from the previous year and significantly boosting fiscal capacity for provinces, cities, municipalities, and barangays.