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ADB lines up $280M loan to spur Philippine innovation
The Asian Development Bank is preparing an indicative USD280-million loan to support a Philippine program designed to turn university research into commercially viable technologies.
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BOP swings to $5.7-B deficit in 2025 amid weaker capital inflows
The Philippines posted a US$5.7-billion balance of payments (BOP) deficit in 2025, equivalent to 1.2 percent of gross domestic product (GDP). This marked a reversal from the US$609-million surplus recorded in 2024.
ASEAN ministers urge restraint in Middle East, shield region’s economy
Economic ministers of the Association of Southeast Asian Nations on Friday called for urgent de-escalation of tensions in the Middle East, warning that prolonged conflict could ripple across global energy markets and threaten Southeast Asia’s fragile economic recovery.
World Bank backs Philippines reform agenda with $800M loan
The World Bank has approved an USD800-million financing package for the Philippines aimed at strengthening fiscal resilience, improving the business climate and equipping Filipino workers with skills needed for higher-quality jobs.
US expands forced-labor probe worldwide, Philippines included
Washington has launched a sweeping trade investigation that now places the Philippines and 59 other economies under scrutiny over their enforcement of bans on goods made with forced labor.
