The Financial Stability Coordination Council (FSCC) on Thursday reaffirmed the strength of the country’s financial system, citing well-capitalized and liquid banks, but warned that emerging risks could pose challenges to businesses and households if left unchecked.
The Board of Investments (BOI) has approved more than P4.8 trillion in investments and generated over 421,000 jobs during the first cycle of the Strategic Investment Priority Plan (SIPP), with renewable energy projects dominating the pipeline.
Australia is stepping up its economic engagement with the Philippines, launching a new business mission on March 18 focused on high-impact industries poised to drive the next wave of bilateral growth.
The Philippine Economic Zone Authority (PEZA) is ramping up its European investment drive, courting Polish firms eyeing opportunities in maritime and industrial sectors within its economic zones.