Economy
CAMPI presses gov’t on auto incentives
The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) has urged the government to immediately release long-delayed incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program and to fast-track the rollout of its successor, the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program.
Green lane speeds trillions, powers renewables
The government’s Green Lane program has cleared a massive P6.11 trillion worth of investments to date, with renewable energy (RE) projects dominating the fast-tracked pipeline, according to the One-Stop Action Center for Strategic Investments (OSACSI).
Philippines seal first Middle East FTA
The Philippines is set to clinch its first free trade agreement with a Middle Eastern nation, with the signing of a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates next week, a move expected to widen Manila’s commercial footprint in the Gulf.
Philippine IT-BPM leaps ahead with AI
While the global information technology and business process management (IT-BPM) industry trudges along at a modest 2 percent annual growth, the Philippines is quietly pulling ahead.
Steady but soft: economy seen growing 5% in 2025
The Philippines is expected to continue expanding through 2026, but at a pace that remains below official targets, highlighting a recovery that is steady yet weaker than hoped for, according to a new study by the Philippine Institute for Development Studies (PIDS).
