Top News
Mid-year FDI slips, but fresh equity capital signals long-term investor confidence
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.
₱5.52-T Green Lane pipeline stuck in pre-development
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.
Evro tops 100,000 users as EV charging network expands
Evro has surpassed 100,000 users as the digital platform expands its role in connecting Philippine electric vehicle drivers to a growing network of charging stations nationwide.
Bank lending surges while money supply growth cools slightly
The Bangko Sentral ng Pilipinas (BSP) reported a pick-up in bank lending activity alongside a slight cooling in overall money supply expansion for July, signaling continued economic momentum driven by robust borrowing.
Foreign currency reserves hold firm at $104.8 billion in August
The country’s foreign currency reserves stood strong at $104.8 billion as of the end of August 2026, driven by higher global gold prices and earnings from foreign investments, according to preliminary data from the Bangko Sentral ng Pilipinas. Although government withdrawals to pay off foreign debt offset some gains, the overall buffer remains well above global safety standards.
