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Financial inclusion surges; youth, women lead gains — BSP

The Philippines recorded improvements in financial inclusion in 2025, according to a report by the Bangko Sentral ng Pilipinas (BSP), with more young people and women gaining access to financial accounts.

Food firms warn of shortages amid supply risks

Food manufacturers and retailers are warning of potential long-term shortages as rising fuel costs and geopolitical tensions disrupt the steady flow of raw materials and finished goods into the Philippines.

DTI pushes VinFast to build Philippine EV plant

The Department of Trade and Industry (DTI) is urging Vietnamese automaker VinFast to consider establishing manufacturing operations in the Philippines, as the government accelerates plans for a comprehensive electric vehicle (EV) incentive program.

Cebu snack maker signs power supply deal with COREnergy for 750 kW

Cebu-based snack manufacturer Prifood Corp has partnered with COREnergy, the retail electricity arm of Vivant Energy, to supply power to its manufacturing operations in the Philippines.

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