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The rapid expansion of the Philippine digital economy is putting intellectual property protection higher on the business agenda as brands increasingly build sales, reputations, and customer relationships online.

Philippine exporters left an estimated £92 million, or about P7.7 billion, worth of eligible shipments to the United Kingdom without claiming preferential tariff treatment in 2025, highlighting a potentially costly gap in the use of the UK’s Developing Countries Trading Scheme (DCTS).

The Bangko Sentral ng Pilipinas (BSP) has completed the third run of its flagship economic and financial literacy initiative, bringing the 2026 Economic and Financial Learning Program (EFLP) to Cabanatuan City on August 18 and 19, advancing the central bank’s policy goal of expanding accessible financial knowledge across underserved communities.

The Philippines’ gross international reserves (GIR) fell to USD103.3 billion at the end of July from USD104.7 billion a month earlier, while the country posted a USD1.5-billion balance of payments (BOP) deficit, reflecting continued pressure from external transactions.

Digital payments accounted for nearly two-thirds of retail transactions in the Philippines last year, putting the country within its national target range and underscoring how quickly electronic payments are replacing cash in everyday commerce.