The Bangko Sentral ng Pilipinas expects the country to spend significantly more dollars than it receives over the next two years, projecting a balance of payments deficit of $9.2 billion in 2026 and $8.5 billion in 2027.
NOW Telecom Co. Inc. is contesting a P4.043-billion assessment on supervision and regulation fees from the National Telecommunications Commission, filing a formal request to review and reconcile charges dating back to 2005.
Foreign direct investment inflows to the Philippines experienced a visible slowdown from January to July 2026, dropping to a net total of $4.1 billion compared to the levels recorded during the same period last year.
President Ferdinand Marcos Jr. has ordered early rice imports and livelihood assistance for farmers as the Philippines prepares for a “super El Niño” that could disrupt agricultural production, water supplies and electricity generation through March 2027.
The Philippines is turning to the Asian Development Bank for a proposed $875.64-million loan to fund the second phase of the Improving Growth Corridors in Mindanao Road Project, focused on boosting road connectivity across the region.