Tag: exclusive

SM Hotels and Conventions Corp. (SMHCC) has appointed hospitality veteran Melissa J. Carlos as vice president for commercial, strengthening its leadership team as the company expands its portfolio and sharpens its growth strategy in the increasingly competitive Philippine hospitality market.

Canadian companies' planned USD130.89 million (P8.03 billion) investments in the Philippines could mark the next phase of growth for the country's IT and business process management (IT-BPM) industry, with demand shifting toward higher-value digital services, artificial intelligence (AI), cybersecurity, and global capability operations.

The Philippines could unlock fresh opportunities to modernize its agriculture sector as the US state of Nebraska seeks to expand cooperation in livestock, biofuels, and agricultural technology to help strengthen the country's food security and rural economy.

The Asian Development Bank (ADB) has cut its growth forecasts for the Philippines, warning that the economic fallout from the Middle East conflict is dampening investments, squeezing consumer spending, and stoking inflation, even as the country remains one of Southeast Asia's fastest-growing economies.