Cash remittances from overseas Filipinos rose to US$2.9 billion in November 2025, highlighting the continued importance of migrant workers’ income in supporting the Philippine economy.
The Philippines must aim higher—much higher—if it wants growth that is truly inclusive, according to the Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII).
The P9 billion-odd market for takaful, or Islamic insurance, remains small in the Philippines but is slowly gaining ground as insurers step up efforts to widen awareness and use, particularly in Mindanao.
Starting January 16, Chinese nationals may enter the Philippines visa-free for up to 14 days, a move the Department of Foreign Affairs says is aimed at boosting tourism, trade, and people-to-people exchanges between Manila and Beijing.