The Department of Transportation (DOTr) is seeking partnerships with the Australian government and Australian companies to help modernize the Philippines’ transportation system.
Philcement Mindanao Corp. is commissioning its P2-billion cement plant in Davao del Norte this month, with full operations targeted in October and a formal launch in November, adding up to two million metric tons of annual capacity to Mindanao’s construction materials market.
Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr. has secured an “A-” rating in Global Finance magazine’s 2026 Central Banker Report Cards, marking his third consecutive year of receiving this distinction from the international publication.
Foreign direct investment (FDI) into the country slowed in the first half of 2026 compared to the same period last year, driven primarily by lower intercompany loans and reduced reinvestment of earnings by foreign companies.
Green Lane investments worth a total P5.52 trillion remain stuck in pre-development, exposing the gap between faster government approvals and actual project execution, while 10 renewable energy projects worth P137.47 billion have already been dropped after their service contracts were surrendered.