Economy
Investor pullback seen behind rise in unemployment
The privately owned umbrella group Employers Confederation of the Philippines (ECOP) said the recent rise in unemployment is largely due to the corruption scandal that has shaken investor confidence in the country.
Mitsubishi seeks to fast-track CARS claims
Mitsubishi Motors Philippines Corp. (MMPC) said it will work closely with government agencies to ensure the swift processing and release of its incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program, following President Ferdinand Marcos Jr.’s veto of the program’s proposed 2026 budget allocation.
UN sees Philippines racing ahead regionally
The Philippine economy is poised for a faster growth run in the next two years, cementing its place among Southeast Asia’s top performers, according to the United Nations’ World Economic Situation and Prospects 2026 report released January 8.
Filipino craft finds its Nordstrom moment
Filipino artisan brand LIKHA has officially entered rarefied retail air: Nordstrom.
Cheap wheels, costly consequences loom large
Gray-market vehicles may look like bargains, but the Auto Body Manufacturers Association of the Philippines (ABMAP) says their true price is paid in safety risks, lost jobs, and billions in foregone public revenue.
