Economy

Senior officials from Association of Southeast Asian Nations (ASEAN) central banks, together with development partners and private sector leaders, convened on April 9, 2026, in a high-level virtual roundtable to urgently address financial health across the region.

The Philippines and the US are targeting a groundbreaking within the year for a planned 4,000-acre Economic Security Zone in the industrial district of New Clark City, according to Joshua Bingcang of the Bases Conversion and Development Authority.

The Philippine peso edged weaker last week, pausing after two consecutive weeks of gains as the dollar-peso pair settled into a narrow trading band.

Flexible financing, capital mobilization, and stronger international support are urgently needed to safeguard growth as geopolitical tensions and climate shocks strain developing economies such as the Philippines.

The Philippine government is pinning its next employment surge on three high-growth industries—business process outsourcing (BPO), semiconductors, and renewable energy, said Finance Secretary Frederick Go.