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.
Philippine businesses scored 72 out of 100 in the country’s first Business Trust Index, barely clearing the stability threshold, with real estate emerging as the least trusted of nine sectors surveyed.
Converge ICT Solutions Inc. remains confident in its long-term growth outlook, even as inflation, high energy costs and broader economic pressures continue to pose challenges, the company announced on Monday.
The Philippines’ plan to introduce nuclear power will depend less on installed-capacity targets than on whether proposed projects can deliver affordable electricity, meet local demand, and satisfy stringent safety requirements, nuclear and energy experts said.
The Department of Trade and Industry (DTI) and the International Fund for Agricultural Development (IFAD) are considering extending the RAPID Growth Project to complete outstanding investments and strengthen rural enterprises before the initiative’s scheduled closure in mid-2027.