The Philippines is set to ink 11 new loan agreements with Japan under Japanese fiscal year 2026, totaling JPY371.31 billion, roughly USD2.41 billion, strengthening the decades-long development partnership between the two nations.
Aboitiz Economic Estates (AEE) has planted its flag in central Tokyo, opening a dedicated Japan Office to tighten ties with Japanese manufacturers and smooth the path for those expanding or scaling operations in the Philippines.
Tourist arrivals in the Philippines experienced a modest decline in the first four months of 2025, totaling 2.10 million visitors compared to 2.12 million during the same period last year, data from the Department of Tourism showed.
Japan has proven as the country's top source of sub-market funding, more known as official development assistance or ODA loan, according to the Organization for Economic Cooperation and Development or OECD.
The Philippine iron and steel industry is pressing regulators to fast-track the implementation of tougher construction standards, arguing that recent tragedies have underscored the urgent need for earthquake-resistant building materials in one of the world’s most disaster-prone countries.
The Department of Agriculture (DA) is set to recommend destroying around 650 metric tons of abandoned red onions from China, pending final laboratory results confirming they are unsafe for public consumption.
The Philippine Competition Commission (PCC) has given the green light for the sale of a 40 percent stake in Aboitiz InfraCapital Inc. (AIC) to Global Infrastructure Partners (GIP), an investment firm under BlackRock.
Home Credit Philippines is strengthening its commitment to consumer protection, responsible lending, and fraud prevention through a larger leadership role in the Credit Card Association of the Philippines (CCAP).