To further strengthen bilateral relations between the Philippines and Israel, state-run Land Bank of the Philippines and the Israel Embassy agreed to explore more areas of collaboration to advance economic development in the country.
Cash remittances from overseas Filipino workers (OFWs) reached US$2.87 billion in March 2026, helping sustain the steady flow of foreign exchange into the Philippine economy.
The Asian Development Bank (ADB) on Friday said it is ready to provide up to $1.75 billion in additional financing to help the Philippines deal with the economic effects of the ongoing conflict in the Middle East.