The Philippines faces a markedly weaker growth trajectory after the International Monetary Fund (IMF) cut its 2026 expansion forecast to 4.1 percent, citing intensifying global shocks and a softer domestic backdrop.
Philippine Business Bank is sharpening its focus on profitability and client relationships as it braces for mounting risks from volatile oil prices and an uncertain global backdrop that could dampen borrowing and tighten competition across the banking sector.
Global information and analytics firm RELX is accelerating its expansion in the Philippines through a hub-and-spoke model anchored on talent development, reinforcing the country’s growing role in its global operations.
The United Kingdom’s move to ease trade rules under its Developing Countries Trading Scheme (DCTS) is set to boost Philippine export competitiveness while strengthening the country’s push to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, according to British Ambassador Sarah Hulton.