Economy

PH, US target New Clark economic zone 

The Philippines and the US are targeting a groundbreaking within the year for a planned 4,000-acre Economic Security Zone in the industrial district of New Clark City, according to Joshua Bingcang of the Bases Conversion and Development Authority.

Peso stalls, stocks drift amid global uncertainty

The Philippine peso edged weaker last week, pausing after two consecutive weeks of gains as the dollar-peso pair settled into a narrow trading band.

Flexible funding push as risks mount globally

Flexible financing, capital mobilization, and stronger international support are urgently needed to safeguard growth as geopolitical tensions and climate shocks strain developing economies such as the Philippines.

Philippines targets 3 sectors for jobs boom

The Philippine government is pinning its next employment surge on three high-growth industries—business process outsourcing (BPO), semiconductors, and renewable energy, said Finance Secretary Frederick Go.

Philippines drives growth for Australian grapes export

The Australian Table Grape Association (ATGA) is bullish on the Philippines as a cornerstone market for 2026, citing sustained demand and a growing appetite for premium imported fruit. 

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