Economy

Lapu-Lapu, BOI tie-up targets Cebu investment surge

A new partnership between the Lapu-Lapu City Government and the Board of Investments is expected to strengthen Cebu’s investment climate, with private sector participation—particularly from Aboitiz InfraCapital—seen as a key catalyst for long-term growth.

Thai-Philippine firms expand cross-border investment ties grow

Thai and Philippine companies are accelerating two-way investments across energy, agribusiness, and food manufacturing, signaling deeper industrial integration between the two Southeast Asian economies. In...

ASEAN leaders’ Cebu meeting to bolster resilience

The 48th Association of Southeast Asian Nations Leaders’ Summit will zero in on urgent regional risks when heads of state gather in Cebu City from May 6 to 8, with a sharpened agenda on energy resilience, food security, and the protection of ASEAN nationals.

Pinched wallets, sharper choices reshape Filipino spending

Filipino consumers are tightening their belts and reading the fine print as financial strain pushes them toward more cautious, calculated, and emotionally driven spending, according to Germaine Reyes, chief executive of Synergy Market Research + Strategic Consultancy.

Philippines courts Japanese capital with banking alliance

The Philippines is sharpening its pitch for Japanese capital, formalizing a three-way partnership between the Board of Investments (BOI), Sumitomo Mitsui Banking Corp. (SMBC), and Rizal Commercial Banking Corp. (RCBC).

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