Economy

Philippines targets 75% domestic borrowing to curb FX risks

The Philippines plans to source up to 75 percent of its government borrowing from the domestic market as it seeks to limit foreign-exchange risks while bringing down its budget deficit and easing taxes on workers and small businesses.

Aboitiz eyes LIMA talent model for Luzon corridor, Pax Silica

The Aboitiz Group is looking to replicate LIMA Estate’s integrated approach to industry, infrastructure, and workforce development across the Luzon Economic Corridor, as the Philippines prepares to compete for investments in advanced manufacturing, artificial intelligence, and other emerging industries.

PH CFOs seek bigger role as AI gaps limit value

Philippine chief financial officers want a bigger role in shaping corporate growth, but gaps in investment authority, technology readiness, and skills are limiting their ability to drive value creation, according to the latest EY Global DNA of the CFO survey.

PH pushes silver economy, youth safeguards, climate resilience

The Philippines is pushing ASEAN to turn its socio-cultural agenda into concrete economic and social action, with a focus on keeping older workers productive, protecting young people in the digital economy, and strengthening resilience against climate-related shocks.

Customs builds P5.47-B cushion as collections hit record

The Bureau of Customs (BOC) collected a record P664.78 billion in the first eight months of 2026, putting the agency P5.47 billion ahead of target and giving the government a revenue cushion as it heads into the final four months of the year.

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