Economy
SIPP shift signals longer investment policy horizon
The government is laying the groundwork for a longer-term investment roadmap by aligning the Strategic Investment Priority Plan (SIPP) with the six-year Philippine Development Plan (PDP), a shift aimed at giving investors greater policy certainty while accelerating the country's industrial transformation.
US pushed Pax Silica as Foxconn looms large
The US is moving to fast-track the proposed Pax Silica initiative, a flagship technology project that the Philippine government believes could unlock hundreds of thousands of jobs and attract multi-billion-dollar investments from global technology giants, including Taiwan's Foxconn.
Agricultural imports rise, narrow trade deficit
The Philippines' agricultural trade deficit narrowed in May as double-digit export growth was magnified by slower import growth.
PH leads emerging markets in investor transparency, credibility rankings
The Philippines has emerged as the top-performing emerging market for investor relations and one of the global leaders in sovereign debt transparency, a distinction the Department of Finance (DOF) said strengthens the country's appeal to foreign investors and could help unlock more investments, jobs and economic growth.
Foxconn, Moog eyed to anchor New Clark tech hub
The government is pinning its high-tech ambitions for New Clark City on two global manufacturers, with Taiwan's Foxconn and US-based Moog Controls emerging as prospective anchor investors that could reshape the country's next industrial growth corridor.
