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 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.
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-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.