Economy
Red tape, talent shortage—not rival—test Philippines’ IT-BPM
The Philippine information technology–business process management (IT-BPM) industry is not losing sleep over global rivals. Its bigger headaches are closer to home: the ease of doing business and a persistent shortage of employable talent.
PEZA starts 2026 strong, new project pipeline
The Philippine Economic Zone Authority (PEZA) opened 2026 with solid investment momentum, approving 18 new projects worth P12.86 billion during its first Board meeting of the year.
Revisions trim Q3 GDP growth to 3.9%
The Philippine economy grew slightly less than initially reported in the third quarter of 2025, after official data revisions shaved a tenth of a percentage point off headline growth.
Economy seen rebounding in Q4, but full-year growth still below target
The Philippine economy is expected to grow faster in the fourth quarter, helping soften what has been a weak second half of the year, though full-year growth will likely remain below the government’s target.
Banks, DTI forge startup growth pact
Global financial institutions are deepening ties with the Department of Trade and Industry (DTI) to accelerate Philippine startup growth and expand innovation links across ASEAN and Japan.
