The Asian Development Bank (ADB) on Friday said it is ready to provide up to $1.75 billion in additional financing to help the Philippines deal with the economic effects of the ongoing conflict in the Middle East.
Business groups are raising fresh concerns over investor confidence as escalating Senate tensions and the impeachment proceedings against the Vice President place the country’s...
Electricity prices at the Wholesale Electricity Spot Market (WESM) rose by 30.6 percent in April, reaching an average of P5.36 per kilowatt-hour from P4.31 in March, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
Bank lending and domestic liquidity both accelerated in March 2026, signaling stronger economic activity as businesses borrowed more for expansion and households continued spending.
Foreign direct investments (FDIs) flowing into the Philippines reached a net inflow of US$590 million in February 2026, bringing the total for the first two months of the year to US$1 billion, according to the Bangko Sentral ng Pilipinas (BSP).