Economy
PEZA lands P83M IT investment in Davao
The Philippine Economic Zone Authority (PEZA) has secured another investment for the country's expanding digital economy, signing a registration agreement with Industry Shared Services Centre Inc. for an P83-million information technology project in Davao City that is expected to generate more than 290 direct jobs.
Philippines gains ground, but SDG race tightens
The Philippines has made measurable gains toward achieving the United Nations' Sustainable Development Goals (SDGs). But the country remains off pace on most targets, highlighting the challenge of translating progress into meaningful outcomes before the 2030 deadline.
Marcos secures $2.5B Canadian investment pledges
President Ferdinand Marcos Jr. returned from Canada with USD2.5 billion in investment commitments, betting that the Philippines' next wave of growth will come not only from traditional sectors but also from artificial intelligence, critical minerals, nuclear energy and even space.
Customs beats June goal, stays on track for P1T goal
The Bureau of Customs (BOC) sustained its strong revenue momentum in June, collecting P86.07 billion and surpassing its monthly target by P2.83 billion as stronger trade flows and tighter customs enforcement continued to lift collections.
Kidnap conviction seen lifting investor confidence and tourism
The conviction of seven kidnappers in the abduction of a 78-year-old businesswoman has strengthened the Philippines' reputation as a safer place to invest and visit, according to the Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII), which said swift justice can be as important as economic incentives in attracting business.
