Economy

Ube has gone from a local favorite to an international food phenomenon. Purple lattes, cheesecakes, doughnuts, ice cream and premium desserts have helped fuel a worldwide craze, turning the distinctly Filipino crop into what many now call the latest “purple gold.” The challenge is making sure the world knows where the best ube comes from.

The Philippines is ramping up efforts to prepare its construction workforce for the green economy, with new training programs aimed at equipping workers with practical sustainability skills as climate-resilient building practices become increasingly important.

The Philippines is positioning itself for a larger role in the global clean energy transition after the Board of Investments (BOI) and the Island Skies Alliance (ISA) forged a partnership to accelerate the development of a domestic sustainable aviation fuel (SAF) industry.

The Philippines sent a record 300 micro, small, and medium enterprises (MSMEs) to ProPak Asia 2026 in Bangkok, underscoring a growing recognition that technology adoption is becoming critical to staying competitive in an increasingly demanding market.

President Ferdinand Marcos Jr. welcomed reports of a US-Iran agreement on Tuesday, saying a lasting peace could help ease pressure on the global economy and bring relief to countries struggling with elevated fuel prices and economic uncertainty.