Economy

US agencies boost Luzon Corridor infrastructure drive 

The US government is stepping up support for the Philippines’ infrastructure ambitions, signaling faster development along the Luzon Economic Corridor (LEC) and enhanced opportunities for American investment.

Clark readies for high-tech boom amid Pax Silica

Clark is positioning itself as a prime hub for high-technology industries, leveraging its existing semiconductor, logistics, and advanced manufacturing ecosystems, the Clark Development Corp. (CDC) said. 

Philippine-US deal could create 1M jobs

The Philippines and the US are accelerating economic and trade cooperation, with initiatives that could generate up to one million jobs for Filipinos, the Presidential Communications Office (PCO) said.

Tarlac Enerzone boosts Central Luzon manufacturing expansion

Central Luzon is gaining momentum as the country’s next major manufacturing hub, with industrial investors increasingly drawn to locations backed by reliable power infrastructure and integrated utilities.

Foreign reserves stay strong at $104.3 billion despite April payments gap

The country’s foreign currency reserves remained strong at the end of April 2026, even as the country recorded a wider gap between money flowing in and out of the economy.

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