Citi has reaffirmed the Philippines' strategic role within its global network, pointing to the country’s expanding investment opportunities, deeper capital markets and enduring client relationships as key reasons behind its continued commitment to one of Southeast Asia’s fastest-growing economies.
Citi, a leading global bank and the largest foreign bank in the country, retains a positive outlook on the Philippines amid a challenging year ahead for the global economy.
The Department of Agriculture has opened a South Korean-backed smart greenhouse in Kalibo, Aklan. Funded by KOICA, this facility offers a climate-controlled growing space that lets farmers produce crops reliably all year, no matter the weather. It means better harvests, consistent quality, and higher incomes for local growers.
Government employees and pensioners are reporting big savings on power bills—down from ₱5,000–₱7,000 to as low as ₱300—under GSIS’s Ginhawa Solar Energy Loan program. Launched in March 2026, the program has drawn 66,233 applications worth ₱19.81 billion. As of today, ₱10.12 billion has been disbursed, with ₱57.17 million more approved, bringing total granted funds to ₱10.18 billion. Another ₱87.37 million is currently being processed.
SAFC has extended P1.03 billion in financing to 1,928 women entrepreneurs from June 2025 to October 2026 through its JUANAsenso Loan program, allowing business owners to use their vehicles as collateral while retaining them for daily operations.
The Philippines is seeking common electric vehicle (EV) charging standards and stronger cross-border supply chains across Southeast Asia to lower market barriers, attract investments and give local businesses greater access to the regional industry.