Grandsun Advanced Electronics (Philippines) Co. Inc. plans to hire about 5,000 workers as it expands production and begins making a new product at its LIMA Estate facility in Batangas, Trade Secretary Cristina Roque said.
Philippine chief executives remain confident about business prospects, but many companies are struggling to turn growing investments in innovation and artificial intelligence into programs that can scale across their organizations.
The Philippines is seeking to regain its position as Japan’s top banana supplier as Manila pushes for lower tariffs in the ongoing review of the Japan-Philippines Economic Partnership Agreement (JPEPA).
Former House Speaker Martin Romualdez was arrested Monday in connection with a P7.44-billion flood control case filed by the Office of the Ombudsman against him and other officials, Interior Secretary Jonvic Remulla said. Remulla told reporters that authorities served the arrest warrant on Romualdez at Cardinal Santos Medical Center, where he was receiving medical care. The case involves allegations of irregularities in controversial flood control projects that have triggered a wider government investigation into public infrastructure spending. Romualdez’s arrest marks a dramatic escalation in the probe, with the Ombudsman pursuing charges against several officials over projects worth billions of pesos.
Grandsun Advanced Electronics (Philippines) Co. Inc. plans to hire about 5,000 workers as it expands production and begins making a new product at its LIMA Estate facility in Batangas, Trade Secretary Cristina Roque said.
Philippine chief executives remain confident about business prospects, but many companies are struggling to turn growing investments in innovation and artificial intelligence into programs that can scale across their organizations.
The Philippines is seeking to regain its position as Japan’s top banana supplier as Manila pushes for lower tariffs in the ongoing review of the Japan-Philippines Economic Partnership Agreement (JPEPA).
Former House Speaker Martin Romualdez was arrested Monday in connection with a P7.44-billion flood control case filed by the Office of the Ombudsman against him and other officials, Interior Secretary Jonvic Remulla said. Remulla told reporters that authorities served the arrest warrant on Romualdez at Cardinal Santos Medical Center, where he was receiving medical care. The case involves allegations of irregularities in controversial flood control projects that have triggered a wider government investigation into public infrastructure spending. Romualdez’s arrest marks a dramatic escalation in the probe, with the Ombudsman pursuing charges against several officials over projects worth billions of pesos.
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.
Grandsun Advanced Electronics (Philippines) Co. Inc. plans to hire about 5,000 workers as it expands production and begins making a new product at its LIMA Estate facility in Batangas, Trade Secretary Cristina Roque said.
Philippine chief executives remain confident about business prospects, but many companies are struggling to turn growing investments in innovation and artificial intelligence into programs that can scale across their organizations.
The Philippines is seeking to regain its position as Japan’s top banana supplier as Manila pushes for lower tariffs in the ongoing review of the Japan-Philippines Economic Partnership Agreement (JPEPA).
Former House Speaker Martin Romualdez was arrested Monday in connection with a P7.44-billion flood control case filed by the Office of the Ombudsman against him and other officials, Interior Secretary Jonvic Remulla said. Remulla told reporters that authorities served the arrest warrant on Romualdez at Cardinal Santos Medical Center, where he was receiving medical care. The case involves allegations of irregularities in controversial flood control projects that have triggered a wider government investigation into public infrastructure spending. Romualdez’s arrest marks a dramatic escalation in the probe, with the Ombudsman pursuing charges against several officials over projects worth billions of pesos.
Grandsun Advanced Electronics (Philippines) Co. Inc. plans to hire about 5,000 workers as it expands production and begins making a new product at its LIMA Estate facility in Batangas, Trade Secretary Cristina Roque said.
Philippine chief executives remain confident about business prospects, but many companies are struggling to turn growing investments in innovation and artificial intelligence into programs that can scale across their organizations.
The Philippines is seeking to regain its position as Japan’s top banana supplier as Manila pushes for lower tariffs in the ongoing review of the Japan-Philippines Economic Partnership Agreement (JPEPA).
Former House Speaker Martin Romualdez was arrested Monday in connection with a P7.44-billion flood control case filed by the Office of the Ombudsman against him and other officials, Interior Secretary Jonvic Remulla said. Remulla told reporters that authorities served the arrest warrant on Romualdez at Cardinal Santos Medical Center, where he was receiving medical care. The case involves allegations of irregularities in controversial flood control projects that have triggered a wider government investigation into public infrastructure spending. Romualdez’s arrest marks a dramatic escalation in the probe, with the Ombudsman pursuing charges against several officials over projects worth billions of pesos.
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.
Pork farmgate prices have dropped sharply as domestic hog raisers rush sales ahead of the rainy season to avoid African swine fever (ASF) losses, the Department of Agriculture (DA) reported Monday. Higher output from last year’s price surge, not imports, drives the shift—production rose 5.6npercent in Q2 while farmgate prices fell nearly 19 percent year-on-year.
The Philippine government has enough revenues to service its debt even without the proposed ProGRESS tax package, Malacañang said Monday, as the Marcos administration pushes reforms to strengthen fiscal capacity and provide targeted tax relief.
The Philippines wants to deepen trade and investment ties with China despite geopolitical tensions, Finance Secretary Frederick Go said, citing Beijing’s role as the country’s biggest import source and a key provider of technology for infrastructure projects.
The Philippines plans to source up to 75 percent of its government borrowing from the domestic market as it seeks to limit foreign-exchange risks while bringing down its budget deficit and easing taxes on workers and small businesses.
Philippine chief executives remain confident about business prospects, but many companies are struggling to turn growing investments in innovation and artificial intelligence into programs that can scale across their organizations.
The Philippines is seeking to regain its position as Japan’s top banana supplier as Manila pushes for lower tariffs in the ongoing review of the Japan-Philippines Economic Partnership Agreement (JPEPA).
Former House Speaker Martin Romualdez was arrested Monday in connection with a P7.44-billion flood control case filed by the Office of the Ombudsman against him and other officials, Interior Secretary Jonvic Remulla said. Remulla told reporters that authorities served the arrest warrant on Romualdez at Cardinal Santos Medical Center, where he was receiving medical care. The case involves allegations of irregularities in controversial flood control projects that have triggered a wider government investigation into public infrastructure spending. Romualdez’s arrest marks a dramatic escalation in the probe, with the Ombudsman pursuing charges against several officials over projects worth billions of pesos.
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.