Ferdinand “Perry” Ferrer, chairman and chief executive officer of EMS Group of Companies, has been named the incoming president of the Philippine Chamber of Commerce and Industry (PCCI), succeeding Enunina Mangio.
The Department of Transportation (DOTr) on Sunday ruled out the jeepney fare hikes, warning that higher fares could push up consumer prices over the next two years.
The country’s gross international reserves rose to $111.1 billion at end-November 2025, up from $109.7 billion in October. Preliminary data from the Bangko Sentral ng Pilipinas (BSP) show the reserves can cover 7.4 months of imports, far above the standard three-month safety benchmark, signaling strong economic resilience.
The Philippines is heading into 2026 with economic resilience that continues to impress global observers—but experts warn that sustaining momentum will demand sharper reforms and more agile policymaking.
The Manila Electric Co. (Meralco), the country’s largest power distribution company, is positioning itself at the center of the Philippines’ next wave of industrial growth after sealing a strategic pact with the Philippine Economic Zone Authority (PEZA).